Paypal is now 4.2%
 

I've been charging people the old 3% and realize I've been short my asking price on all my parts after being paid. Finally took the time to calculate them. Turns out to be 4.2% now. Either that, or paypal's ------- with me.

Re: Paypal is now 4.2%
 

You must have lost a lot of money then.. ::)

Re: Paypal is now 4.2%
 

Still a bunch of bullshit.

Re: Paypal is now 4.2%
 

I agree.

You realize, paypal makes money when you pay someone, then the same company (ebay) makes more money from the same purchase when you list and sell it, then when that money is spent again they make more money.

I'm sorry, but I fail to see how it costs paypal 4.2% per transaction for the computer to subtract money from one account and add it to another. Electricity doesn't cost that much.

Re: Paypal is now 4.2%
 

^^^^^ seriously, For those reasons i don't use ebay or paypal

I usually find what i need on the local craigslist

Re: Paypal is now 4.2%
 

It does sound un-reasonable but only to a certain level.

It`s not about how much it cost them to transfer that chunk of money for you. Its about how much you are WILLING to pay to have the $ transfered.
If you are willing to use to it, you are willing to paid up to their requirments.

Re: Paypal is now 4.2%
 

If they charged something like a nickel per transaction i'd have no problems with it. That would still make them a killer profit... and be reasonable too

Re: Paypal is now 4.2%
 

dude paypal is very far pricing wise. Look at what credit card companies charge very similar




On a side note its never been a flat 3 percent. It depends where the money came from savings,paypal account funds or credit card




credit card is what gets the highest percentage

Re: Paypal is now 4.2%
 

also if you sell more than 5k a year on ebay, you will have to report that to the irs as income

Re: Paypal is now 4.2%
 

Did that change recently? Back when I was using Paypal they would charge 3% plus $0.50 per transaction no matter how the buyer paid. If you're not an "upgraded" member you don't have to pay, but then your limits are low and you can't accept credit card payments.

Also, what do you mean by what credit cards charge? I've never been charged for using my credit card....only by Paypal. :l
__________________
Best Car Insurance | Auto Protection Today | FREE Trade-In Quote