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PayPal Fees Increase

Digital Transactions writes:

“PayPal is increasing certain fees associated with its Website Payments Pro service, effective Sept. 1. In an e-mail it sent to merchants Thursday, PayPal said the monthly charge for the service will rise to $30 from $20. Transaction pricing for the Virtual Terminal component of the product will also go up. The new pricing will be 2.4% plus 30 cents to 3.1% plus 30 cents, depending on volume, up from 2.2% plus 30 cents to 2.9% plus 30 cents. Also, PayPal will start levying a 30-cent fee for Website Payments Pro authorizations in cases where transactions aren’t settled within 29 days…”

Source: Volume Climbs for PayPal, While Some Sellers Will See Fees Rise

$150 Laptop?

Over the last couple days, a lot of web sites have been discussing the $150 Medison Celebrity laptop.

A member of our Prevention and Solutions team has responded to the concerns and questions of many potential customers in our forum.

“We have received an enormous amount of feedback, both positive and negative relating to the Medison Celebrity Notebook. We would like to take this time to address customer concerns relating to our handling of the product, the buyer protection we offer, and our own capacity and vigilance relating to the situation.”

Continue reading…

Just a few of the articles we’ve seen:

New Payment Method: FXSource

FXSource has been added as a new payment method to the 2Checkout.com transaction pages.

FXSource allows customers to purchase online using their existing bank accounts. There is no account to setup, no credit card needed, and their personal information is not disclosed to FXSource or any third party.

For more information see:

New Transaction Pages

2Checkout.com is proud to announce the release of our new transaction pages.

The transaction process has been completely rewritten and many improvements have been made. Many of the improvements were made to back-end functionality, so will not be apparent to our suppliers or customers. Several others are visible, however, so I’ll briefly describe these below:

Simplify and Inform

  • An improved detailed transaction summary is now included on the right side of each transaction.
  • Payment methods are now “conditional”. This means that customers who do not have a payment method available to them will no longer see references to that payment method.
  • There is now a “Remove” button by each product or custom cart order. This makes removing products from your cart much easier than the previous method of entering a “0″ in the quantity field.
  • Personal and Shipping Information now appears on a single page. This helps simplify the transaction process and allows customers to copy their Personal Information into the Shipping Information fields with a simple checkbox selection.
  • To help maintain consistent branding, supplier (vendor) logos, if provided, now appear throughout the entire transaction process.


New Payment Methods

  • Customers using Internet Explorer 6 or 7 in the United States will now see a payment option for ATM Direct. ATM Direct brings Real-time, PIN-debit payments to 2Checkout.com.
  • Coming soon: FX Source and Paypal

We’ll be providing more details about these changes and future improvements, so check back soon for more information.

UPDATE 7/18: FX Source has been added as a payment option.
UPDATE 10/30: PayPal Express Checkout has been added as a payment option.
UPDATE 11/29: ATM Direct has been removed as a payment option.

Payoneer and 2Checkout.com

The time is here! I know that you have all been waiting patiently, and now all of your questions can be answered. I think that you will find that using Payoneer is a lot easier than you thought it would be. Today is July 11th and Payoneer has been added as a payment method. As soon as payments have finished running, the wizard will be unlocked and you will be able to sign up with Payoneer.

All you have to do is go into the banking wizard. The first two pages will be the regular information that you are already familiar with, on the third page you will have the option to sign up with Payoneer. Once you have signed up with Payoneer, you will be redirected to the 2Checkout.com wizard where you will have to click on the button that says that you wish to be paid using the Payoneer card. You do not have to do this right away; you can continue being paid by a prior method until you have received your card. This card is available to all vendors worldwide!

This is a new and exciting option, and 2Checkout.com along with Payoneer are very happy to be able to offer this option to you.

Common Error Codes

In the world of online payments, you may encounter the occasional error code. Some, like common browser errors and 2CO specific errors have their solutions documented (see below), while others receive little explanation. To help remedy this situation, we’ll be providing information about some of the errors you may receive if you’re a customer making purchases or a supplier testing the transaction process.

We’ll start with some of the more common processing errors:
Continue reading…

2Checkout Wants Your Feedback

As new blog posts are added, older posts roll off the homepage*, but we still want to hear from you!

Here’s a roundup of recent blog discussions and forum threads where 2CO is asking for your feedback:

If you want to get really involved, 2Checkout is still hiring! (all openings)

*As always, an extended list of all blog posts can be found in the 2Checkout Blog category.

Failure Trends in Disk Drives

Google has recently published a 5-year study on hard disk failure. The conclusions are interesting, as they do not correlate directly to what has been believed to be the primary factors in disk failure.

As quoted from the report, “One of our key findings has been the lack of a consistent pattern of higher failure rates for higher temperature drives or for those drives at higher utilization levels. Such correlations have been repeatedly highlighted by previous studies, but we are unable to confirm them by observing our population.”

Read the study. (PDF)

Source: Google Labs Research Publications

MIT OpenCourseware

There is an excellent internet resource that you may be interested in checking out. MIT opened the materials for all of their courses online, allowing anyone in the world to access them. While MIT is famous for their technical curriculum, they also house the Sloan School of Management which has many courses that you, as business people, may be interested in.

Among other subjects, OCW courses include:

Payment Information

Did you know that 2Checkout.com offers a wealth (no pun intended) of information about how to receive payments?

There are several articles in the Payment Inquiries category and it’s subcategories. Some highlights include:

As always, if you ever have a question about a specific payment, please open a support ticket or give us a call and we’ll be happy to help.

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