Anyone used Reverb direct checkout?

[leftybill]

i just completed my second sale on Reverb using their form of payment instead of PayPal. The direct checkout fee is 2.75% versus Paypal's 2.9%, but it is much slower to receive payment.
At least that is my experience so far.
Is this what you have seen also?

 

[bal704]

It is slower. However, I leave it as an option in case a potential buyer wants to use it. Hate to lose a sale over it.

 

[toddincharlotte]

PayPal is almost instantaneous. Direct Checkout requires you to have the gear shipped and verified out the door to the customer [can't just print a tag].

 

[Help!I'maRock!]

It is slower. However, I leave it as an option in case a potential buyer wants to use it. Hate to lose a sale over it.

Agreed.

 

[bossaddict]

I enable it on my sales as well. I think Reverb prefers it. It usually takes roughly 2 days for the money to appear in your account in my experience. No problems with it thus far.

 

[leftybill]

It is slower. However, I leave it as an option in case a potential buyer wants to use it. Hate to lose a sale over it.

That is true.
I just cannot get over how long it takes to get paid.

 

[datsun]

With Direct Checkout it allows the buyer to pay with a credit card or Affirm, which may have an advantage on higher priced items. Paypal will charge you 2.9% to use this option.

 

[scotticus]

Almost all my Reverb buyers now choose direct checkout over PayPal. It can sometimes take 2-3 days to receive the funds, but really it's not any longer than receiving PayPal funds "instantly" and then taking 3-5 business days for the money to transfer into my bank account. Plus the fee is slightly less with direct checkout...I realize it's very little, but less is less, and if you sell a lot it can add up over time.

 

[sg13]

Anyone know, do buyers have the same degree of protection with reverb direct checkout as they do with paypal?

 

[wox]

Slower, but not crazy. Usually arrives a day after shipping. Assuming you don't need the money same day, it's not bad.

 

[scotticus]

Anyone know, do buyers have the same degree of protection with reverb direct checkout as they do with paypal?

No, I believe there is a 7 day window once the buyer receives an item to make a claim against a seller, as opposed to PayPal's 180 days.

 

[ixnay]

I use Direct Checkout and I get paid the day after I ship the item. Every time guaranteed. However I have about 170 transactions and I am a preferred seller.

This has been my experience as well, except I have a lot fewer transactions and am not a preferred seller.

Any alternative to using PayPal is a good thing as far as I'm concerned...

 

[UrbanHymns]

i just completed my second sale on Reverb using their form of payment instead of PayPal. The direct checkout fee is 2.75% versus Paypal's 2.9%, but it is much slower to receive payment.
At least that is my experience so far.
Is this what you have seen also?

I have not found it slower, except in the case that it's a newer buyer who is purchasing a big ticket item. There was some delay, for example, when a new buyer bought an amp of mine. But I'm glad Reverb verifies things first with newbies. But for a repeat buyer taking home a $200 pedal, the speed is the same.

 

[Gear.Pig]

It is slower. I don't use it because it's cheaper, as the savings are minuscule. I use it because it makes your item available to many more buyers who might not have or want to use Paypal and also might want to take advantage of Reverb's payment plan if they couldn't otherwise afford to purchase it outright.

 

[Bossanova]

I think it's great. I'm sure Reverb makes a little on top, but everybody's got to eat. I hate waiting for PayPal to transfer $ into my acct.

 

[Imperial_Tone]

Works flawlessly for me; I am a preferred seller on the Verb so I accept all forms of payment. But transfers of payment are relatively quick in most cases. I ship my items in the AM, and I get an email verification of funds often in the afternoon of that day (not all the time); if not the following day.

 

[mrfett]

I use it exclusively. No issues.

 

[MattC]

All the time - works great on both ends.

 

[guitarman_nebr]

Yes, the payment is slower, but it does motivate the seller to get the shipping done quickly. I have had sellers wait three to five days to ship with paypal to "receive payment". Reverb's way makes the seller want to hurry the process along so they can receive money. I like the idea Reverb holds the money so if I do have a claim they can hold out payment.....should resolve issues much faster.

I have never had an issue with a buyer, a seller, or Reverb so I don't know how it actually works. I just know I always get my money and my items sent to me promptly.

 

[ledzep618]

Meh, I like pay pal