BillPoint vs PayPal

[Ns1]

Does anybody here use BillPoint? How secure is it comapred to PayPal? What kinda safeguards do they have in place to make sure I don't get screwed? Help would be nice =)

 

[John]

http://pages.ebay.com/help/buyerguide/bp-overview.html

 

[Ns1]

Yeah I've read their pages, I'd just like to know what OTHER people have to say =)

 

[HappyFace]

If someone does a chargeback, you as the seller are screwed. There's no protection against someone receiving an item and then refusing the charge, and having it deducted from your billpoint account.

 

[MaxDSP]

I believe BillPoint is FDIC insured. Also, see PayPal Alternatives here

 

[Ns1]

Hey Max-

Are you scared? Cuz I am. haha. I'm getting myself another bank account tomorrow and then moving my PayPal account over to the new one.

 

[PsychoAndy]

i hate them. both. they charge an arm an a leg for processing payments. besides the fact that the person paying you can dispute the charge and put your $ in limbo for god knows how long..........

in god we trust, all others pay cash.

 

[Ns1]

<< in god we trust, all others pay cash >>




hahha nice, yeah i'm thinking about going MO only again, but i'm not sure yet ^_^

 

[mithrandir2001]

I like Billpoint because they automatically deposit money earned from sales into my checking account. I feel more confident with them than Paypal. Paypal has never screwed up my account, but you almost think you are dealing with some secondary market and not a bank. Is my money REALLY there? etc. The biggest beef with Billpoint is the chargeback thing, but I don't think Paypal provides much protection either.

 

[MrCodeDude]

I just use Paypal. So far, no complaints.
-- mrcodedude

 

[MaxDSP]

<< Hey Max-

Are you scared? Cuz I am. haha. I'm getting myself another bank account tomorrow and then moving my PayPal account over to the new one. >>



Thankfully, I have not signed up my Checking account with them, although I thought about it. They do have 2 of my CC's on file though. Going back to MO's and checks will be tough if I decide to go the safest route