posted on February 11, 2001 03:33:39 PM new
1st no more $5 referrals.
Now you can only get $100 in
payments each month. Whats
next??? No more Pay
Pal for me.
posted on February 11, 2001 04:17:44 PM newWhats next??? No more Pay Pal for me.
Yeah, PayPal has changed since it's first introduction. Some would like to see them operate like PayMe.com, PayPlace.com, and ExchangePath.com. Those companies were able to offer unlimited payments for free... right up to the day they went out of business.
posted on February 12, 2001 10:57:21 AM new
Paypal limits personal accounts because if you are proseccing $100's of orders a month then you are in fact a small business.......
Either upgrade and pay the 1.9% service fees or get your own merchant account and pay $20-$50 a month and 2.5% per transaction.
http://www.lovepotions.net
posted on February 12, 2001 11:39:55 AM newif you are proseccing $100's of orders a month then you are in fact a small business.......
Not necessarily, at least according to PayPal's own original website descriptions of ways to use their service:
Examples of Ways to Use PayPal
Here are real-life examples of people using PayPal:
Buy baseball card through online auction
Pay coworker back for buying lunch
Collect money from girlfriend for buying groceries
Pay brother for half of family Christmas presents Buy a football game ticket from a friend Settle IOU for anything Host steak dinner Receive reimbursement for bills from roommates Collect money from friends for buying rounds of beer Consolidate basketball league dues
Pay rent to landlord
Several of those options (bolded above) could easily be more than $100 per month, and would hardly constitute a small business use on the part of the receiver of the funds.
These limitations are placed on credit-card funded orders. Transactions that are purely funded by a bank account would not have these limitations in place.
posted on February 12, 2001 01:22:36 PM new
What irritates me most about PayPal is that once you are forced into their Premire Account status by accepting more than $100 of credit card payments in a given 30 day period, you then have to pay fees on ALL transactions - not just credit card payments. To me that's a rip-off. If PayPal complains about having to pay credit card fees to process cc transactions, why do they charge the same fees for account balance transfers in the Premier Accounts? Profits at my expense! If they charged fees on cc payments only I would be happy to have the Premier Account.
