What can't more videos be this clear, comprehensive AND engaging? Well done sir.
@Bancardsales
3 жыл бұрын
Thank you and thanks for watching !
@MerchantMaverick
5 жыл бұрын
You explained the differences really well between the 4 types of merchant accounts. Thanks for getting the point about the application requirements. Something I'll remember next time.
@christenepoore2239
3 жыл бұрын
@@videotoday8226 thank you
@maryann2954
4 жыл бұрын
Clear and informative - very helpful. An online store hosting site guided me to a merchant account they were affiliated with. Some months I had zero sales but still had to pay a $30 Gateway fee. Live and learn.
@infinitegods9699
4 жыл бұрын
This vid is gold. thanks for taking the time to create it.
@baltazarcarpio4447
3 жыл бұрын
Completeness of vision, ability to execute, to understand the enterprise, strategic focus. God bless
@enn8791
5 жыл бұрын
Honestly this has been the most researched video I have watched on you tube.thanks a lot guys
@Bancardsales
5 жыл бұрын
Thank you so much for the kind words. I'm glad you liked it. in fact, quite a bit of research DID go into this particular video so I'm glad to hear that you like it! Lmk if there's other topics you'd like to learn about! ~Brian
@SharingTheBliss
4 жыл бұрын
OMG I feel like I took a course! So many questions I had for years answered! Bless you!
@Bancardsales
4 жыл бұрын
Thanks for watching Coach Carmen! I've had people say that before so maybe I should make it a course :) j/k. if you need help with setting up a merchant account or adding payment page(s) do your website, let me know! ~Brian
@SharingTheBliss
4 жыл бұрын
@@Bancardsales You're awesome Brian! If only I found you a couple of years ago! I would have more hair left on my head! Lol
@electromagnet1171
4 жыл бұрын
The animations paired with your clear communication really made this video easy to follow and to learn from, thanks boss!
@Bancardsales
4 жыл бұрын
Thanks for watching. Glad you enjoyed it.
@brandylynn5089
4 жыл бұрын
Absolutely the best information I have seen on payment platforms and risks involved. Thank you for sharing.
@Bancardsales
4 жыл бұрын
Thanks for watching Brandy!
@450o054
3 жыл бұрын
thankyou I already had true merchant account setup for my business before I watched this video. Good to know I choose the right option for my small business.
@aslmastertutor1670
2 жыл бұрын
Which true merchant account do you recommend?
@mRahman92
11 ай бұрын
This is the information I've been looking for! I've been developing a POS system proof of concept, but it's been illusive to find out how to integrate card processing merchant account into software.
@Bancardsales
7 ай бұрын
What industry is your POS software? Let's talk if your up for it. I got a few things to share with you. Www.bancardsales.com/call/Brian
@bencr53
2 жыл бұрын
I never like videos... But this one truly deserves it. Thanks for the clear explanations
@Bancardsales
2 жыл бұрын
Thanks Ben. That's for the comment and I'm glad it helped. 👍
@keenaghanmd
3 жыл бұрын
This was super helpful. Broke it down to help me understand how I should start and where my goal should be.
@Bancardsales
3 жыл бұрын
Thanks for watching Michael. If you have any questions just comment back or schedule a consult. Www.bancardsales.com/call
@Noah_Aguilar
Жыл бұрын
Thank you so much this is helping me out a lot. I just a started a website and I wanted to make sure what would be best to use to make my payments but without having any fees added or having my account frozen. So like I said thank you for explaining this so well.
@Bancardsales
Жыл бұрын
That's great Noah. Thanks for watching and glad the video helped. !
@lauramerrill7429
3 жыл бұрын
What he does NOT mention in this "comparison" video is that "REAL" merchant processors or "direct" merchant processors may have additional MONTHLY account fees, processing fees, and other (unexplainable fees) BESIDES the sales percentage rate and the per-transaction fees. PLUS they may have lower rates for some common credit card types (like Visa, MasterCard) but have much higher rates for running others like American Express, Discover, etc or not allow processing of them altogether (which means disappointed and inconvenienced customers). For Small/Medium sized, less established companies, these details can be a huge drain on funds and/or turn customers/sales away by having to reject their payment option. IF you have a business that is seasonal or runs temporary/event type sales, then this fund-drain is acerbated by the fact the those additional monthly fees will still be deducted on the months that you do NOT process cards or make money. IF you are going to look into a merchant processing company, you need to ask about ALL possible fees and policies (including how THEY handle chargebacks and fraud -which may ALSO be biased toward buyers- and how much that costs YOU in addition.) JUST some more stuff to consider. Good luck with your research and finding the right one for you.
@Bancardsales
2 жыл бұрын
@Laura Merrill Thanks for watching and for the comments. I've covered merchant account pricing in other videos on the channel and openly share monthly costs for merchant accounts. With that, regardless of the "extra" fees that some merchant account providers charge, it all comes back to effective rate if you're talking about price/cost/rate alone (while comparing provider to provider on cost alone) . Here's one video where I discuss merchant account rates and fees vs. paypal and I mention a $25 monthly fee: kzitem.info/news/bejne/1W-XsJaboaloq5g and here's another video dedicated to merchant account pricing: kzitem.info/news/bejne/lqChk2SOsZ2ahWU Hope this helps you and anyone else who reads this comment thinking that something might have been left out. -Brian
@briansmith3785
Жыл бұрын
That's so true about the charge back,add a small business and a customer spouse did a charge back on a prepaid gift card,not knowing that husband was the one that using the card behind her back and paypal closed my account because of that.
@IAmQuandraLee
9 ай бұрын
Great video! Thank you for explaining it in such a simple and understandable way. I'm paying Square TOO MUCH and want to switch to a merchant account. This makes me feel more confident about the change. Thanks again!
@Bancardsales
9 ай бұрын
@quandralee9371 You're welcome and glad you liked the video. If you want to talk about details of setting up a merchant account, you can schedule a free consult with us here: www.bancardsales.com/call/brian thanks for watching!
@reneestroud1776
4 жыл бұрын
This video clearly explained general details to identify how each payment option could be used in various scenarios. I know have a better understanding of merchant account providers and payment aggregators. Thank you for sharing.
@Bancardsales
4 жыл бұрын
Glad it was helpful and thanks for watching Renee! If you have any questions, please feel free to reach out at one of the links in the description! ~Brian
@coreybryant184
8 ай бұрын
Thank you so much for this video! This was exactly what I was looking for and answered so many questions for me.
@Bancardsales
8 ай бұрын
You're welcome. Thanks for watching and commenting.!
@mikeadams110
5 жыл бұрын
Nice meeting you Brian! This was the very best educational video I've ever accessed to date on KZitem. What software did you use to create it? This is first time in 12 years I didn't have to struggle to read, hear or understand its content. Finally, someone who understands the critical interdependence & use of contrast, color and print/overlay SIZE. This should be used as a universal model for all KZitem videos. Bravo and well-done.
@Bancardsales
5 жыл бұрын
Thank you Mike. Those are very kind words and I'm glad the material helped you. If you have any questions ping me back with questions. -Brian
@californiabearrawr1689
5 жыл бұрын
My thoughts are exactly the same.
@DanishAnton
4 жыл бұрын
@@Bancardsales So what software was used?
@Bancardsales
4 жыл бұрын
@@DanishAnton All of my videos are edited in Adobe Premiere Pro! Thanks for watching! ~Brian.
@Bancardsales
4 жыл бұрын
@@californiabearrawr1689 Thank you and thanks for watching. Let me know if you have any questions about payment acceptance in your business. ~Brian
@Chante-
8 ай бұрын
This is very, very informative and essential to know and still relevant today January 2024, thank you for making this video.
@Bancardsales
8 ай бұрын
Thank you. Thank you for watching!! -Brian
@trinhnga2123
5 жыл бұрын
Please avoid PayPal at all costs.
@cleardestiny9023
5 жыл бұрын
THANK YOU
@welcometoreality3450
5 жыл бұрын
you should be screaming your comment in caps!
@changjunlim5705
5 жыл бұрын
Why?
@welcometoreality3450
5 жыл бұрын
@@changjunlim5705 they are VERY evil to sellers. buyers are in the dark about it
@sent4dc
5 жыл бұрын
Totally agreed. I've been using PayPal for many years to accept software license payments and I can't wait to switch away from it. My main pet peeves are: 1) Huge chargebacks of up to $20 per fraudulent transaction. They simply pass it on to the merchant if someone pays you with a stolen credit card (which happens alot online.) So say, you accepted a credit card payment of $25. You get $23.80 (not the exact number) that is added to your account. Then say, this payment comes back as a chargeback at the end of the month. So PayPal initiates a dispute and automatically takes out $25. (Note that you received $23.80, but they took out $25, so you're already at a loss.) Then, no mater what you reply to their dispute, in about a week, they will rule it against you and will impose an additional $20 fee. So to recap, you received $23.80, then they deducted ($25) and then again the ($20) chargeback fee. Nice, isn't it. No wonder Elon Musk can shoot up rockets into space with this kinda business. (I know that he & Tiele sold it, but that was the business model they established.) 2) Absolutely no customer service. It would take you 20 minutes just to find a form to submit an email. And then you'll get some nonsensical response from an AI (or from someone in India written as a copy-and-paste from a template.) 3) Very steep commission (fees) if you accept international payments. Way higher than Stripe. 4) Their website UI is so bloated & complicated to set up that I would literally Google it to find a link in their control panel.
@melvinasmith3096
9 ай бұрын
Great information I received a lot Thank You!
@Bancardsales
9 ай бұрын
Thank you and thanks for watching !
@Rolanditou
5 жыл бұрын
This Video worth Money !!!
@miguelfranciscojavierbarro4207
4 жыл бұрын
Uu×29/:4%%/^__^
@StudioGalvan
Жыл бұрын
A lot of good info delivered efficiently! 👍🏼 (2nd Watch)
@Bancardsales
Жыл бұрын
Carlos, thanks and thanks for watching!
@partyrentalcreation
5 жыл бұрын
This is one of the best videos by far. Thank you for your explanation.
@Bancardsales
5 жыл бұрын
Glad you liked it and thanks for watching. If youre interested in a payment system get in touch with me here : www.brianmanning.co/call
@ВіталійКовзаленко
7 ай бұрын
Clear and informative - very helpful.
@Bancardsales
7 ай бұрын
Thank you. Thanks for watching !
@baliyogatravelretreats
5 жыл бұрын
Wow! What a thorough video~~ Thank you so much!!!
@michaelrainesjr1135
4 жыл бұрын
Most informational video out of the videos i watched and I'm starting with stripe but i will be getting a merchant account. Thank you.
@Bancardsales
4 жыл бұрын
Thank you and thanks for watching! When the time comes to get a Merchant account comment back and I'll help you get set up. And you can schedule with me here: Www.bancardsales.com/call
@worldoffshorebanks
4 жыл бұрын
Exactly. Look for the best solution for your business.
@AndyRocket1000
Жыл бұрын
Im very glad that you Are making this video. Its hard to finds good information about This. My stripe got frozen in 2020. It was confusing! They sayed it will make to much dispute🤷♂️I finnaly feel the strenght and focus to make a real webshop
@MrJf300z
5 жыл бұрын
Super informative. Thanks for the video man. That was dope 🔥
@Bancardsales
5 жыл бұрын
Glad you liked it and thanks for watching!
@Bancardsales
6 жыл бұрын
Do you use PayPal, Stripe or Square? OR do you use a merchant account? Let me know if you have ever had YOUR account frozen... and if you have ANY questions comment below. -Brian.
@sandeeppal3835
5 жыл бұрын
Brian- I am running business from India & my customers are in USA.. I need a solution where i can accept credit card payments over the phone or any online medium.. I am ready to pay for ur services.. Kindly help ASAP.. My email address is sandeep.pal9899262867@gmail.com if u want i can also call u at ur convenient time.. Thanks
@trading6225
5 жыл бұрын
you dummy all the businesses accept visa, mastercard , american express + paypal at least. so cut the bullshit
@beartemusic
4 жыл бұрын
Great value delivered in an entertaining manner. 🙂 Thanks Brian!
@mjsdp
5 ай бұрын
Excellent video! Thank you for the clarification
@zachkaeser8320
3 жыл бұрын
Quick and informative overview of the different payment solutions available. Your video really helped me narrow my focus for setting up my band's merchandise page on our website. Thank you!
@Bancardsales
3 жыл бұрын
Thanks Zach. I have a couple specific software tools for you if your open to it. Lmk and I'll send them to you. Thanks for watching! ‐Brian
@kingathepalace6270
5 жыл бұрын
thank you very much sir u open alot of answers to my questions
@xelahot
4 жыл бұрын
Very instructive video, thank you! I didn't even know the difference between the two and I'm having troubles with Paypal for the second time. I'll go with a merchant account.
@KymmberlyMarshae
4 жыл бұрын
Great video I love the type of info you provide to your audience. My questions is, for an independent travel agent who collects payments and then have to make the payments to the cruise vendors, what system/ approach would you suggest?
@Bancardsales
4 жыл бұрын
Hey Kimberly thanks for watching and glad you enjoy the content . In your situation it depends on what you require to have automated and what your okay manually performing in terms of the transactions from your customers and then to the cruise vendors. If you want to discuss further click the clink in the description to schedule a time to talk with me. 😀 ‐Brian
@Shunpall
3 жыл бұрын
Thank you for putting this video together, found it very informative.
@Bancardsales
3 жыл бұрын
You're welcome and thanks for watching!
@rwjumah
5 жыл бұрын
Interesting and insightful, high-level video Brian. Thank you
@Bancardsales
5 жыл бұрын
You are welcome. Glad you enjoyed it. When your ready to set up a merchant account, send me a message or go to www.bancardsales.com/call
@GuidoLoko
4 жыл бұрын
Very informative! Unfortunately I had to learn all of those things the hard way! I hope alot of small business owners come across your video. They do have some very shady people out there setting up merchant accounts and just care about 1 thing... There commission and/or bonuses for setting up new accounts.
@Bancardsales
Жыл бұрын
Unfortunatley that is true sometimes. Thanks for watching and commenting. If there's any topics you'd like to see more of, feel free to leave a suggestion by commenting back or filling out this form: www.bancardsales.com/ask
@brandylynn5089
4 жыл бұрын
I never understood why ppl would treat PayPal as a bank when they clearly aren't. You don't let large sums of money build up in your acct. Move it to ur bank acct. Leave minimal funds in PayPal accts at all points. Then your not devastated when they pull this freeze your funds crap.
@chicharon8171
3 жыл бұрын
They locked my account after _one_ transaction. How do I transfer if to my bank account, then? From other testimonies I've also learned that they can also _also_ flag you when you withdraw a large chunk of your balance at once from your account.
@chicharon8171
3 жыл бұрын
@Say what you want Say what you won't Nah I knew that, I was just desperate because it's often the only payment option clients will accept. Thank god it was just a very small transaction (but I'm still very salty) I was just trying to be sarcastic to OP saying we should regularly transfer our money back to our bank account as other people's account get frozen over doing exactly that...
@frijolechingon5713
3 жыл бұрын
Some don't have that option right away, it's a process...
@crazycat2969
3 жыл бұрын
Stripe is most developer friendly
@Bancardsales
3 жыл бұрын
Thanks Elon! Glad to have you here watching my vids :)
@eamonshields2754
5 жыл бұрын
Phenomenal video !!
@naturallyfitbyj
4 жыл бұрын
Omg this was sooooo helpful. I took my notes and know what’s best just starting my business. Thank you so much
@Bancardsales
4 жыл бұрын
Glad you enjoyed it! Thanks for watching and let me know if there's anything you'd like to learn about or have an idea for a video. Place your suggestion here: www.bancardsales.com/ask/
@1414141x
5 жыл бұрын
Thanks for the video - a great first point for getting an understanding of how these systems work. Can you advise how I should tackle a problem that I will have though please. I am setting up a hire business for machinery - I will be taking machines to customers for them to hire so I will need a wireless transaction ability. Also , as I will be hiring machines out, I will be taking deposits rather than a sale, so the amount I will taking from a customer will not really reflect the sale amount as I will be paying the deposit back to the customer (minus charges for rent period/damage etc). So using one of the models you showed I would end up paying a percentage of the deposit, not the actual amount I eventually get for the hire period. I will also need to have the ability to pay money back into the customers account. Perhaps the hire industry is unusual in this way.
@audreymitchell836
Жыл бұрын
thank you so much. you just help me make a decision and stop stressing.
@Bancardsales
Жыл бұрын
Great. Thanks for warching.!
@vicentaclaudio2329
3 жыл бұрын
do I get a monthly statements and a year end statements for tax purposes
@boahandarrowsproductions4326
2 жыл бұрын
This video was a great find. Thank you for putting this info together.
@Bancardsales
2 жыл бұрын
Thanks for the comment and for watching! -Brian
@LosCardenitas
5 жыл бұрын
Glad to have across this video, thank you for the info. It has been very useful.
@Bancardsales
5 жыл бұрын
Glad you liked it! - Brian
@normag8135
4 жыл бұрын
@@Bancardsales Hola
@greatcityspuppets5982
Жыл бұрын
Awesome video! Thanks, I know now what to choose!
@MD-nt9nv
5 жыл бұрын
Great material and very informative. Thank you!
@Bancardsales
5 жыл бұрын
Thank you and thanks for watching!
@jdkorave
3 жыл бұрын
Thank you so much. Doing research to setup my e-commerce business and You have taught me so much. Well presented. Blessings
@GETREALLYRICH
3 жыл бұрын
Thought this was going to compare the three directly with more details of each.
@Bancardsales
3 жыл бұрын
Which detail of each were you specifically looking for ?
@GETREALLYRICH
3 жыл бұрын
A pros and cons review of each compared to each other for usability, cost, softwares,hardware, customer service and things like that.
@Bancardsales
3 жыл бұрын
Got it. I could put something like that together, although some of it would be speculative. You'll get the best customer service by working directly with a professional payments manager like myself or one of my associates. We offer payment system analysis. Let me know if you would like the link to schedule.
@erickawainstein7926
3 жыл бұрын
thank you so much for all your information this has truly helped me confirm what I was wanting to do from the beginning and that is go with my bank provider. The Lord bless you for your time
@Bancardsales
2 жыл бұрын
You are so welcome! Thanks for watching!
@lilychu8912
4 жыл бұрын
Great video! I feel like the banking business intentionally hides this information so the average Joe or Jane has little chance to understand the players, the fees involved, and what solutions might work best for them.
@frijolechingon5713
3 жыл бұрын
Yup, many need to realize, an honest bank has some kind of angle, and, even if a small percentage of people find out in time, and you then alert the masses, many will blow it off as part of banking, and they count on that...
@parktaejoon1777
Жыл бұрын
@@frijolechingon5713 Thats why we are asking questions now, as the percentage is way off! Instead of taking 2.3% Its almost 30% coming out! I wonder if anyone else is just going with it or are catching this like we have😮
@georgiahuff604
3 жыл бұрын
Thanks for quick concise info with no bulwark you rock.
@overlord4811
5 жыл бұрын
i would like to creat a shopify store and try 1 product if its not a winner i change it in the same store but i am worried of the payments method from what i saw many shopify members have problem with paypal cuz they held the money or frozen the acc so what do you reccomend for me herr wesche germany
@cory_eff
Жыл бұрын
Great video as always Brian 💥💥
@Bancardsales
Жыл бұрын
Thanks Cory! Great to hear from you! Hope you're well. -Brian
@cory_eff
Жыл бұрын
@@Bancardsales definitely! I’m using this to inform my local skatepark on the differences between one model vs. the other. You have the best payments vids on KZitem so I knew I’d find something like this on your page! Good work as always,
@Bancardsales
Жыл бұрын
Thanks man. Much appreciated! I'm glad they're helpful! 👍
@AddviceWorld
5 жыл бұрын
Can someone for another country use stripe without opening account in USA or following some procedures that others are saying? (Open account in USA, Bank account in USA , business address in USA and etc)???
@Fernandomullerx
2 жыл бұрын
Outstanding video... Clarifying. Thank you!
@Bancardsales
2 жыл бұрын
Thank you and thanks for watching !
@aardvark9119
4 жыл бұрын
Thank you.
@Bancardsales
4 жыл бұрын
Thank you for watching!
@druhireland
Жыл бұрын
Thank-you for a very thorough overview.
@Bancardsales
Жыл бұрын
Thank you and thanks for watching! Glad you liked it ~Brian.
@basiccodingwithadam8125
5 жыл бұрын
6:47 stripe has great customer service.
@edwardhacklbain1827
4 жыл бұрын
But they do not operate in many countries unlike PayPal. So it is not a viable alternative.
@frijolechingon5713
3 жыл бұрын
Good for the ones who care, sadly many people have way too much trust in banks, and they will take advantage of it...
@paradisecostarica4986
5 жыл бұрын
thanks a lot man!! Thanks!!
@Bancardsales
5 жыл бұрын
That is for watching !
@ixamedia6572
2 жыл бұрын
Very informative, very well presented, got a lot out of it. Thank you
@Bancardsales
2 жыл бұрын
Glad it was helpful!
@zaylodidthis7664
5 жыл бұрын
What happens if u purchase sum with a linked PayPal card with out money on it but it says order placed with merchant on it
@GuitarreroDaniel
3 жыл бұрын
Incredible information man, this is the only video that I could fully understand.
@lanceramsdell4921
5 жыл бұрын
Hi Brian, we own a small antique mall with around 30 antique dealers. We currently do all of our invoicing on paper receipts and process over $5,000 in credit cards a month with a traditional merchant account. We have been looking at square register, because we we want to try to eliminate all the paperwork involved with reimbursing the dealers each month for their sales. Do you have any recommendations for a POS system that can tabulate the amount for the checks that we write to our dealers for their sales each month? Thank you! Lance
@Bancardsales
5 жыл бұрын
Thanks for watching and yes I can help you. If you want to talk, schedule a call with me. Www.bancardsales.com/call
@kerrigantaylor3187
3 жыл бұрын
I hope that you did not get a square account they take your money and hold it hostage for no reason I have thousands that I cannot get to and I cannot even talk to a sale representative because they don't answer the phone
@MuhammadRafi-hq6pl
4 жыл бұрын
Excellent topic and best presentation. Really informative and useful information. Thanks a lot.
@MarcoTatta
4 жыл бұрын
Thanks a lot, great explanation! I am setting up a new digital business similar to Uber, in which users pay a service (so an income transaction) and I must send two payments to two different service providers (while retaining my fee). Do I have to pay the fee of 2,X% each transaction, even for the outcome transactions?
@500Onlyone
4 жыл бұрын
This video just help me out tremendously!!!👍👍
@Bancardsales
4 жыл бұрын
Glad to hear! Thanks for watching and don't forget to make a suggestion for futures video topics If you'd like ! www.bancardsales.com/ask
@Itsrealtv313
5 жыл бұрын
Great video, very informative. Need help with my situation. So I'm opening up a vintage sneaker store in 2 months where we'll sell & restore sneakers as well as sell sneaker accessories. In the meantime, I have created my website thru Wix to sell Merch on(clothing items mostly). I'd like to accept PayPal as well as standard credit card payments. Not so good personal credit and this is my first e-commerce business. So my question, what's the best route for me in the short term? I'm sure I'll apply for a merchant account once sales ramp up and I have a stronger history. Hope you can answer this one, Thanks Brian!
@kev-othegamer
Жыл бұрын
Thank you, very helpful.
@Bancardsales
Жыл бұрын
Thank you and thanks for watching !
@briennaishkuntana9165
4 жыл бұрын
Im waiting for my business license. What do you recommend I start with for payment? Most of my clients will be doing cc payment. For a starter spa! Thank you!
@Bancardsales
4 жыл бұрын
Where is your business geographically located ? The U.S.?
@JoeGlines-Automator
3 жыл бұрын
Great video! Thanks for putting it together!
@Bancardsales
3 жыл бұрын
You are welcome and thanks for watching !
@RumakInaph
5 жыл бұрын
What about authorize.net?
@Bancardsales
5 жыл бұрын
What about it? What is your question ?
@Tawny593
5 жыл бұрын
Authorize.net is a gateway that connects you to a processor. They charge $30 a month. You must also get a payment processor.
@bart1meuz
4 жыл бұрын
Thank you. Clears up a lot of things.
@janetroberti7839
3 жыл бұрын
I am really happy to announce to you that the very best team I never regret working with they are great *@Darkfeet7*on telegram he's very trustworthy and reliable bet...
@babikhoja1331
5 жыл бұрын
thanks for the video and info good delivered, a friendly advice the video is too long especially the introduction.
@Bancardsales
5 жыл бұрын
Thank you for watching and glad you enjoyed it!
@MalenasBazaArte
4 жыл бұрын
The video is perfectamente well done!!!
@clodydupuis6924
3 жыл бұрын
Amazing and super informative ! Thank you so much !
@Bancardsales
3 жыл бұрын
Thank you and thanks for watching !
@LadyVonBarber
5 жыл бұрын
Hey, thanks for this video! Helps a lot. You said that PayPal gets you money within a few mins. I set one up and I have money pending and since I'm new to PayPal they said it can take up to 21 days till the transfer will complete for me to get the money.
@Bancardsales
5 жыл бұрын
Thanks for watching and glad it helped. PayPal is notorious for holding on to money before releasing it to you. If you want your money quicker sign up for a merchant account (next day funding paid directly to your bank account) PayPal is easy and quick to set up, but as you can see there are drawbacks. If you want to sign up for a merchant account I can help you set it up. Go here: www.getcardpointe.com/apply
@Bancardsales
5 жыл бұрын
And to clarify, PayPal credits you PayPal account almost instantly but that does not mean that the money is in you bank account and available to spend. - Brian
@foxairandheatinc8345
4 жыл бұрын
Nice comparisons. Lots of options. Really depends on what you are selling and how.
@Bancardsales
4 жыл бұрын
Yes it does. Did any of the options seem to fit the way your business operates? -Brian
@cavallopazzo340
5 жыл бұрын
Which one works for non-US residents running a US LLC?
@empireprotege
5 жыл бұрын
Stripe is best. They even have Stripe Atlas where they set up a US LLC for anyone from any country.
@cavallopazzo340
5 жыл бұрын
@@empireprotege Yeah but Stripe is quite expensive. Not so ideal if you do high volume. There are options out there where you pay around 1.5% -2% per transaction. And the issue with Stripe is also that they can shut you down any moment. Whereas with a proper merchant account this risk is much smaller.
@empireprotege
5 жыл бұрын
@@cavallopazzo340 I don't mind Stripe's fee as all of my clients/customers trust it. You should seriously test out your purchase conversion rate to Paypal, Stripe, and a 3rd party. Paypal converts best because of trust. But Paypal is more expensive than Stripe in many aspects. I love stripe and have had no issues, and it also connects well into my Business Bank, Websites, Chatbots, Slack, etc. etc.
@cavallopazzo340
5 жыл бұрын
@@empireprotege I agree PayPal converts well, also because they don't need to type their address details but regarding Stripe and the trust factor I honestly don't see how this should make a difference, at least in my case. The customer doesn't really notice what payment gateway is linked on the backend when he enters his credit card details at checkout. At least with Shopify. Maybe you're using a different platform in this case or your clients pay by invoice?
@empireprotege
5 жыл бұрын
@@cavallopazzo340 yeah invoices. And big payments over 2000+.
@spiderdog196
5 жыл бұрын
This is an exceptional video. Thank you
@Bancardsales
5 жыл бұрын
Thank you. I'm glad you found value in it. Lmk if you have any other questions!
@jevonmcpherson8054
4 жыл бұрын
These comments are correct, Avoid PayPal.
@apocalatte3075
5 жыл бұрын
Amazing review! Thanks!
@gbrietzke
5 жыл бұрын
Ur sound effects are epic my dude
@Bancardsales
5 жыл бұрын
Haha :) thanks! Glad you enjoy them!
@greenmidas981
5 жыл бұрын
people like you, are the reason people like me have no excuse not to succeed!!!! so many of you you tubers give away such crucial free knowledge!!! I love you all!! bless you all!! what a wonderful world -Mr Armstrong!!!!... they're not kidding when they say knowledge is power!!! I feel the POWERRRRRRRRR!!!!!!!!!
@greenmidas981
5 жыл бұрын
I got a bit carried away lol.... I been studying ecomm heavy for a couple weeks and am super PUMPED!!!!
@Bancardsales
5 жыл бұрын
Wow. Thank you so much. This might be one of the nicest comments I have ever received! I'm glad you enjoyed the content and video! Thanks for watching. If you're getting into ecomm and want to talk more hit me up or book a call with me! Thanks again -Brian
@zonebpgrk
5 жыл бұрын
Not sure how to hook a call
@Bancardsales
5 жыл бұрын
Brandon, You can book a call here: www.bancardsales.com/call
@ahsanm8748
5 жыл бұрын
Hey Brian! The video was indeed very informative. Do you happen to have a solution for a business that's located outside the US to signup for an offshore merchant account or something? Our business sells practice material/exam simulator to prospects out in the US but we're based in Pakistan. Any help/guidance would be highly appreciated. BR, Ahsan
@theresasosandro
Жыл бұрын
7GVF DFG4 RREWWD
@bfourney
Жыл бұрын
Great video, I really learned a lot! I've been looking for something I can use for invoicing with credit card and ACH options, that can automatically add say a 1.5% fee for CC payments, but none if they decide to pay with ACH. The invoices are generally few, but in the thousands to tens of thousands of $ each.
@Bancardsales
Жыл бұрын
If you haven't already schedule a meeting with me and I'll show you what you'll need to get that set up. Here's the link to schedule with me: Www.bancardsales.com/call
@jeffclemons2192
5 жыл бұрын
Hello, I would like to know what are your recommendations for payment options for Dropshipping companies?
@Bancardsales
5 жыл бұрын
Jeff, I'd be happy to help. I'm going to suggest you submit a question. The reason is that I need more information about your company to give you an answer of any value. Here's the link: Https://www.bancardsales.com/ask
@theetaviad
4 жыл бұрын
This was so informational, thank you!!
@Bancardsales
4 жыл бұрын
Thank you! Thanks for watching. If there's anything else you'd like to learn, just let me know here: www.bancardsales.com/ask/
@AnonymOus-dp3jj
5 жыл бұрын
Avoid stripe at all cost they shut you down fast if your a new tech firm like lyft or uber but they say your high risk when they even service lyft and uber..
@PesTusMuas
3 жыл бұрын
You should've read the fine print on Lyft and Uber on how they process and pay.
@michaeldistant6427
3 жыл бұрын
This video really helped me. Thanks a lot
@williamjamesrapp7356
5 жыл бұрын
QUESTION --- first off , thank you for your time and General information. I currently Have TERRIBLE credit so I am relegated to start my website with once of the 3 basic accounts. I have a PAYPAL account but I have not yet actually launched my site so I might lean towards setting up a STRIPE account for my site. If things go as planned -- once I launch my site -- I will have to convert to a MERCHANT account ASAP ***QUESTION*** I have an EIN but I do not have a business bank account -- do to no revenue and poor credit at this time BUT DO I HAVE TO HAVE ONE with STRIPE -- just to get started ??? ALSO If things go as planned I will be bringing in a lot of money , possibly very quickly, I see your points but at this time I really have no other choice with NO INCOME and the worst credit possible. ***DO YOU HAVE ANY RECOMMENDATIONS*** for who would be a reliable Merchant Account to connect with ? ONCE I GET GOING I will need to Switch over and I want to be prepared for that moment in time.
@williamvaughan1218
4 жыл бұрын
Very informative thanks Brian!
@Bancardsales
4 жыл бұрын
You're welcome and thanks for watching!
@BitsandTokens
6 жыл бұрын
ughh anything but first data
@Bancardsales
6 жыл бұрын
There's lots of other options. If you had a bad experience and are looking to make a change to something better, comment back and well talk. - Brian
@MrNitPic
Жыл бұрын
This was Amazing information! Thank you!!
@Bancardsales
Жыл бұрын
Thank you and thanks for watching. !
@jaxkk1119
5 жыл бұрын
i can't transfer my money from paypal to debit card, for no reason damn
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