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-   -   PAYPAL alternatives? (https://www.homemadeturbo.com/general-discussion-6/paypal-alternatives-49918/)

Guy-Fast 11-12-2005 10:10 PM

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.

That's also a write-off for companies and they don't ever really "lose" money paying that fee, plus it's been proven that when a business accepts credit cards the customer usually is quicker to spend more money in his business so it's a win-win situation. ---- Paypal. :P


It sure is a write off. Along with everything else in Business :)

rexracer 11-12-2005 10:13 PM

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

B16CRXT 11-12-2005 10:34 PM

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.

Dr.Boost 11-12-2005 10:39 PM

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.

That wouldn't matter though. No matter what they still take their $0.50+3%. It doesn't matter if you send it from funds that are already in your account or if it's from a CC or your checking account. They still take their cut out of what you send.
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B16CRXT 11-12-2005 11:00 PM

Re: PAYPAL alternatives?
 
yea they do. whoever created ebay/paypal is one smart sob. My fight against them is by not upgrading. I stand by that 100%. Just dont upgrade guys. ;)

CivicRacerX7 11-12-2005 11:36 PM

Re: PAYPAL alternatives?
 
man If ask for payent via money order or western union u get accused of being a scammer lol

Bone1 11-13-2005 04:11 AM

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..........

Guy-Fast 11-13-2005 02:40 PM

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..........


yup usps.com will ship in packages of 25 of your choice size. I just ordered 100 6x6x7 for throttle bodies


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