PAYPAL alternatives?
11-12-2005, 10:10 PM
#21
0.0 BAR
Join Date: Dec 2002
Posts: 0
Re: PAYPAL alternatives?
Originally Posted by Dr.Boost
Originally Posted by B16CRXT
IMO the 3% fee is acceptable and you shouldnt make the buyer pay that for you. You willingly upgraded your account and knew the fees would be in place. Every company in the world who takes credit cards, has to pay a fee on them. thats what you get for taking them. I dont take credit payments. If I do, I have a friend with a account that takes credit and I tell them to send him teh money+fees since I dont take credit on my paypal account. One time I didnt tell him to pay me the fee and paypal charged like 8% or some ----. I Was pissed, but oh well.
It sure is a write off. Along with everything else in Business
11-12-2005, 10:13 PM
#22
1.5 BAR
Join Date: Jan 2003
Posts: 797
Re: PAYPAL alternatives?
Don't forget that paypal charges fees on a payment that is NOT funded by a credit card and that is already in somebodys account.
Say you send me $10.00 via credit card. Paypal charges a fee. I know send the remainder to someone else who has an upgraded account. Paypal charges a fee on the SAME dollars they already charged it on. If you keep sending that $10.00 down the line it will keep losing value and eventually be $0.00 for the user and paypal has gotten ALL of it.
After the intial fee on the $10.00 the money is in the system and should no longer be subject to fees, but it doesn't work that way with paypal.
Its a COMPLETE ripoff
Say you send me $10.00 via credit card. Paypal charges a fee. I know send the remainder to someone else who has an upgraded account. Paypal charges a fee on the SAME dollars they already charged it on. If you keep sending that $10.00 down the line it will keep losing value and eventually be $0.00 for the user and paypal has gotten ALL of it.
After the intial fee on the $10.00 the money is in the system and should no longer be subject to fees, but it doesn't work that way with paypal.
Its a COMPLETE ripoff
11-12-2005, 10:34 PM
#23
3.0 BAR
Join Date: Dec 2004
Posts: 2,133
Re: PAYPAL alternatives?
well, thats why you withdraw the money to your bank account first. Essentially you are paying someone $10 minus 3% when you just send it from your paypal account. I keep my paypal at a zero balance so I dont get screwed over some kind of way.
11-12-2005, 10:39 PM
#24
3.0 BAR
Join Date: Mar 2003
Posts: 21,479
Re: PAYPAL alternatives?
Originally Posted by B16CRXT
well, thats why you withdraw the money to your bank account first. Essentially you are paying someone $10 minus 3% when you just send it from your paypal account. I keep my paypal at a zero balance so I dont get screwed over some kind of way.
__________________
Best Car Insurance | Auto Protection Today | FREE Trade-In Quote
11-13-2005, 04:11 AM
#27
0.0 BAR
Join Date: Jan 2005
Posts: 0
Re: PAYPAL alternatives?
lets see, I charge $10 S&H for the past 12 or so items I sold on Ebay. Shipped in flat rate USPS boxes, $7.70 + .45 delivery comfirmation, so the extra $1.85 paid the Paypal fees and gas to the post office.
Think about it, Ebay and Paypal is a win-win for them.
Seller pays listing fee and part of winning bid, then pays paypal fee when payed.
I sold 12 boxes of car magazines on Ebay that would have been tossed out, made about $140-150 after all fees.
BTW boxes are free from USPS..........
Think about it, Ebay and Paypal is a win-win for them.
Seller pays listing fee and part of winning bid, then pays paypal fee when payed.
I sold 12 boxes of car magazines on Ebay that would have been tossed out, made about $140-150 after all fees.
BTW boxes are free from USPS..........
11-13-2005, 02:40 PM
#28
0.0 BAR
Join Date: Dec 2002
Posts: 0
Re: PAYPAL alternatives?
Originally Posted by Mista Bone
lets see, I charge $10 S&H for the past 12 or so items I sold on Ebay. Shipped in flat rate USPS boxes, $7.70 + .45 delivery comfirmation, so the extra $1.85 paid the Paypal fees and gas to the post office.
Think about it, Ebay and Paypal is a win-win for them.
Seller pays listing fee and part of winning bid, then pays paypal fee when payed.
I sold 12 boxes of car magazines on Ebay that would have been tossed out, made about $140-150 after all fees.
BTW boxes are free from USPS..........
Think about it, Ebay and Paypal is a win-win for them.
Seller pays listing fee and part of winning bid, then pays paypal fee when payed.
I sold 12 boxes of car magazines on Ebay that would have been tossed out, made about $140-150 after all fees.
BTW boxes are free from USPS..........
yup usps.com will ship in packages of 25 of your choice size. I just ordered 100 6x6x7 for throttle bodies
Thread
Thread Starter
Forum
Replies
Last Post
