Question:
Hi all…long time eBayer, first time poster. This is probably the most informative newsgroup I’ve been on…lots of good content, not a lot of flaming like I’ve gotten used to seeing on Usenet. Looking forward in participating in some good discussions here. Anyway, I’m wondering if anyone has ever tried Payingfast.com. My first instinct is Paypal and eBay Payments are so commonplace now that it’s not necessary to sign up for Payingfast.com. You want to provide your buyer with as many options as you want, but is 3 similar services excessive? I did a search on eBay (title & description) for the most common online payment services to see how big their markets are. The searches returned too many items the first time so I included an arbitrary term to narrow it: 262844 items found for paypal CD 105750 items found total for eBay payments: 96515 items found for Billpoint CD 7678 items found for "ebay payments" CD 1557 items found for "ebay online payments" CD 52989 items found for bidpay CD (although Bidpay is an online money order service, and is not for credit cards, I thought I’d see how popular it was) 1470 items found for payingfast CD (I was also able to do a search JUST for "payingfast" and it returned 27842 results). Obviously the market for payingfast.com is small compared to Paypal and Billpoint. How long has it been around and does it have potential? If you’ve tried it out (as a buyer or seller), did you like the service? Thanks for any input! Happy eBaying. – Tim
Response:
Free for the seller which is always good. Why not offer it. Some folks may like it. Used to get $2 per transaction as a seller… that was kinda nice once a month. It’s free… offer it. – Hide quoted text — Show quoted text – Obviously the market for payingfast.com is small compared to Paypal and Billpoint. How long has it been around and does it have potential? If you’ve tried it out (as a buyer or seller), did you like the service? Thanks for any input! Happy eBaying. – Tim I’m registered with them (as well as Billpoint, PayPal and BidPay). I’ve only had 2 people use Payingfast, but I couldn’t tell any real difference between them and BidPay except their site is uglier and they use a different brand on money orders. ;-) Bill
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