Comment · Mon, April 10, 2017 · Ceretropic & Nootropics Depot
Nootropicsdepot payment methods, why not paypal?
Original post in this thread
Disturbed83 · 0 points
Ok so I'm planning on using nootropicsdepot in the future for most of my products instead of iHerb, however there is one problem, currently the only method to pay is bitcoin? and creditcard system seems to be back online 1st of april.
Now, I use a prepaid creditcard (for savety issues with buying things on the internet), however to charge money on it (minimum of 100€) there is a 5€ administration fee, plus paying with creditcard costs some money aswell.
How come there is still no paypal method, paypal is so damn nice, smooth and easy.
I truely hope they will incorporating it soon, what are your thoughts on this issue regarding buying with them, has it held you back from purchasing with them aswell like it does with me?
Also if possible, I believe one of the moderators of this sub reddit is part of the nootropicsdepot team, if possible can I get a reply from you?
What they were answering
112358134 · 3 points
I can confirm that PayPal is indeed nothing suitable for nootropic merchants. We've used it successfully for several months last year but the volume was not that high.
But last summer something changed, PayPal decided to block all accounts. Some merchants that I know even decided to leave what they were doing because after PayPal stopped working there were only two ways: either set up an offshore company and approach the business seriously or accept WU and various money transfer services. As for Bitcoin, many people do not know how to do this.. We've tried to offer 20% discount just to encourage more people to try BTC and some decided to give it a try but not many. And this is a lot of a hassle.
u/MisterYouAreSoDumb · Ceretropic & Nootropics Depot
If something doesn't change soon with our financial regulations, it's not going to be good for our industry.