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Sentertainment Posts: 290

Just looking for stuff, it's always usefull to know internet business...which I don't know much about...

Mainly, I've been thinking of doing site services and maybe buying stuff online...what are some good money/trading services out there...
I've seen stuff like Paypal, is that good? and what all can you do with these services, are they only for buying products?

I know there have been similar topics...but the others are mainly focused on just buying a phone online, etc...I want to know a little more about this stuff than just that.
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Posted: 2004-03-01 00:32:56
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Cycovision Posts: > 500

It's a matter of opinion, but regarding Paypal:

Pro's:

1) Can be used for both tangible products (sent through the post) and electronic services (member's site access, downloads etc.) Needs to be used in conjunction with server-side scripting for member's site access, however.

2) Fairly cheap

3) 'Guaranteed secure' That is, if something bad happens and you can proove that it's their fault, you're OK!

Cons:

1) You have to pay them a percentage of every item/service you sell

2) Some people consider sites that use paypal as amateurish. This is a bit unfair in my opinion, as setting up a merchant bank account and purchasing/developing the software required to accept online payment yourself costs a fortune!

As for other payment systems, I've only ever dealt with Worldpay, and they were far too expensive compared to Paypal. I'm currently interested in a number of companies that allow you to accept payment via Text Message, although the maximum that you can charge for a single product/service is limmited. Still, loads of people use this method for downloading games etc. so it's well worth a look if you're selling the right kind of product. http://www.sepomo.com/en/welcome.php is one of these companies.
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Posted: 2004-03-01 01:10:49
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