Tuesday, April 26, 2011

Which is Better to Accept - PayPal Or Credit Cards

Thanks to the advancements of technology that people have achieved throughout all these years, it is now very easy and practical indeed for someone to buy and sell internationally.One thing that makes this possible is the use of credit cards. By simply providing credit card numbers along with the CVV code, international transactions will be completed in a matter of short seconds. However, unfortunately, there are always some bad people out there and these people tend to try to get what they want without having to sweat even the tiniest bit.
These people try to commit credit card fraud and, even worse, identity theft. As a respond to this, money processors show up. These money processors are able to handle payments worldwide which is a good thing to hear. Better yet, by taking advantage of these international money processors, it is no longer necessary to provide credit card details to the merchants with whom transactions are being committed. One good example of these money processors is often PayPal. But is PayPal really better than credit cards Well, in some cases it is and in some cases it is not. There have been cases in which those who use PayPal suffer from great losses due to being scammed by their clients. Freelancers are often the targets of such frauds. There are not few freelancers out there that trust PayPal for accepting the payments they are supposed to accept. However, unfortunately, there are some clients out there that reverse the transactions in PayPal to get their money back after they have got the services and virtual products they want such as a website or articles. In such a case, it is a shame that PayPal does not protect the seller in any way because the products are not tangible.
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Websites and articles are virtual products and this often leads to the freelancers being unable to submit proof of delivery to PayPal and get their money back. No matter how the freelancers try to tell PayPal the truth, this particular money processor will charge the freelancers and give the fraudulent clients all their money back. And the credit card companies They seem to be on the side of their customers at all times as well.

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