Has anyone heard of dwolla though, they’re making waves with their flat $0.25 transaction fee and a boon to especially mobile payments.

90% of my clients will only pay me by paypal so I’m really stuck with them to get my money from overseas. I have a couple of client that will pay by moneygram I like that option as I don’t pay any fees. every cent come to me. I’ve also been paid via xoom, their fees are not too bad and 2-3 days the money in is my FNB account with no fees to me.

but most American and Canadian clients want to pay using paypal and my client in Israel also only uses paypal.

I use Payoneer. Simple ask use 2co to pay it into Payoneer once you have x amount of funds, payoneer charge $2 for every month you have a credit balance, and you can never go into debit. So when my 2co balance reaches enough, they email me, I click a link, and presto in 4 working days i have pre-paid credit to use as a un-chipped credit card. (As it happens their system processes things on a Thursday night, so 4 ‘business days’ usually means the following Thursday.)

i just got a shock today when I realised how much the fees are to receive money into paypal

a friend put $880 – I had $60 – when i went to withdraw i found that paypal had charged just under $30 for the deposit of the $880! on top of that FNB takes their fee. I’m working to make paypal and FNB rich!!

That’s really strange, it’s the first time I’ve heard of a problem like this and I’m sure there’s a good explanation behind it as I’ve worked closely with 2CheckOut before and have been impressed, even when it came to me needing an expired cheque reissued, it was sorted out in days. Perhaps someone will pop in here to assist you, I know the team do watch this site.

Thanks

Dr. Arshad

786webs