written by dave111223 on 12/08/2012
Our company sells (legitimate) sporting goods from Thailand.
We had our PayPal account frozen for 2 weeks (for no valid reason), this pushed us to look for an different payment processing.
After applying for ALOT of merchant accounts we decided on 2Checkout.
The fees are a bit higher than Paypal, but this is counterbalanced by the better exchange rate on money withdrawals.
Overall I've been very happy with 2Checkout, you don't really need to think about your payment processor, which is ideal; they automatically send you the balance each week.
Even with the one chargeback we've had 2Checkout leaves the money in your account until the case is resolved (whereas Paypal takes it back immediately and make you fight for it back for the next 3 months).