BidPay???

El_Toro

El_Toro

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Oct 6, 2006
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Hello, I'm looking for anyone who has had experience using BidPay, good or bad. I was looking at their site last night and it looks like a good alternative to PayPal (even though you can only use it on auction sites). Sounds like they have good protection for both the buyer and seller, but this is according to them, lol. Thanks in advance for your input!:)
 
I tried it once a long time ago and didn't care much for it.

I have used PayPal for a very long time and in 168 transactions I have had only one problem that PayPal resolved quickly.

Some people seem to have problems with PayPal. Maybe it's their karma. :confused:
 
Bidpay has changed quite a bit since severing ties with Western Union. The new Bidpay is for auctions only, and it has some pros and cons relative to pay pay.

The clear "pro" is that Bidpay offers better buyer and seller protection. Pay pay looks for ways to get out of their obligations wheras Bidpay has blanket coverange.

The "cons" are what prevent me from switching to Bidpay. For one, Bidpay takes a day or two before approving the payment. Buyers are used to instant payments through pay pay, and the 1-2 day delay will get complaints. Bidpay uses the 1-2 days to ensure a letimate buyer and legitimate seller are hooking up. Another "con" is that Bidpay lets the buyer choose payment amount, including shipping. I.e., Bidpay users can pay less than the full amount, and of course buyer and seller can squable at each other. There are more cons IMHO with Bidpay (vs. pay pay), like ease of use. It's enough to keep me in the pay pay fold for now.

whitie
 
whitie said:
Bidpay has changed quite a bit since severing ties with Western Union. The new Bidpay is for auctions only, and it has some pros and cons relative to pay pay.

The clear "pro" is that Bidpay offers better buyer and seller protection. Pay pay looks for ways to get out of their obligations wheras Bidpay has blanket coverange.

The "cons" are what prevent me from switching to Bidpay. For one, Bidpay takes a day or two before approving the payment. Buyers are used to instant payments through pay pay, and the 1-2 day delay will get complaints. Bidpay uses the 1-2 days to ensure a letimate buyer and legitimate seller are hooking up. Another "con" is that Bidpay lets the buyer choose payment amount, including shipping. I.e., Bidpay users can pay less than the full amount, and of course buyer and seller can squable at each other. There are more cons IMHO with Bidpay (vs. pay pay), like ease of use. It's enough to keep me in the pay pay fold for now.

whitie
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Thanks, that's exactly the type of info I was looking for!:thumbup:
 
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