PayPal has long been a trusted gateway for many buyers and sellers since the earliest days of eCommerce. At that time, setting up a credit/debit card system for a website was costly and difficult to integrate with small business websites. It was seen as trustworthy, with numerous protections for those on both sides of a transaction.
In recent years, many options have become available that are as secure or more so, integrates seamlessly into modern websites and are competitive fee structures. Today we offer 2 channels for you to pay for your order: Stripe and PayPal. Stripe was founded to be a simple to use robust payment gateway for all sizes of eCommerce businesses. They use the latest in technology to protect your identity and credit; along with superior fraud protection that exceeds US and International guidelines.
We have used Stripe (follow link to get a snapshot of the company) since we launched our website. For us, on the back end, they are fast and reliable. We chose Stripe because of all the benefits mentioned above, as well as they were one of a very few payment gateways that would allow use of credit cards from outside the USA. This would permit us to accept orders from Europe and Canada just as easily as any within the US. With Stripe, we could even take BitCoin as a payment method if we choose.
PayPal has continued to grow and acquire other businesses to reach the level that Stripe holds. But, their policies and fee structure is no longer a benefit for us. In fact, their policies put us at risk of fraud through abuse of questionable loss claims. We are given no tangible protection when this happens. Along with other issue that affect our bottom line and efficiency of processing transactions, we feel that PayPal is a redundant payment option and does not offer the security for you that you deserve, as well as for us. It is also used in less than 10% of our transactions.
Effective March, 20, 2020 we will turn off the PayPal payment gateway.
We understand that many feel more secure using PayPal. By using Stripe you are getting even more protections from identity theft and fraudulent account activity. Once we remove PayPal, we hope to turn on Apple Pay and Google Pay as another way for you to enter your payment information with added security. Such payment methods only adds to the ways we can process your payment and does not require an additional payment gateway.
For those that prefer PayPal, do rest assured that we take your protection seriously. Those that work here never see any part of your credit card information, not even the last 4 digits. Stripe handles all that and in full accordance of US banking laws. Once they validate the legitimacy of your payment, we will receive your order with an attached approval code. All your credit protections that your bank offers are enforced.