posted on April 7, 2001 04:59:54 PM
All the buyers gripe about the sellers wanting to pass the charge along.As a seller I'm sick of everybody trying to figure a new scam to charge the seller another fee.You buyers use P.P. for your own ease and P.P. used to NOT charge the seller.You should pay the fee.
Pay Pal should be investigated for the way they make it impossable to get your money from them without giving them your bank and or credit card information.They didn't need it when I signed up and a year later they change my password.Their support is a scam to run you around untill they prove to you that you'll give them all the information they want or they keep your money.It's been a year sense they stole my money.
I'd think twice before signing up with a company like this that changes the rules and back charges people when they do.
Let's all go back to the old personal check and money order.Or better yet,let's let them charge the seller's right out of business.Then maybe Do Nothing Ebay and the others will get off their fat cans and do a little work to clean up their act and earn their money.
posted on April 7, 2001 05:22:24 PM
In your off-line shop when you except Credit Cards you pay the fee.
No different on-line.
I am primarily a seller on ebay ( bought one item )
You must include the fees in your reserve price.
Just like off-line.
All the fees are hidden in the purchase price.
Shop rent, wages, supplies and yes; Credit Card fees.
Basic rules of the business world.
If you plan on not excepting Credit Cards on-line.
Also plan for a big drop in sales over the next five years.
Especially on the expensive pieces.
I have had excellent support from Paypal.
Had a few minor problems at first.( everything as smooth as silk, now )
Sometimes they replied to my concerns the same day.
posted on April 7, 2001 06:17:31 PM
PayPal MUST charge for non-credit card transactions. They have no choice in the matter. If they were to charge for credit card payments only, they would be in violation of the law (and VISA/MC rules) which state that companies that accept credit card payments CANNOT pass on the credit card fees to the customer. In the case of PayPal the SELLER is the customer. By charging sellers for ALL transactions and not just credit card payments, they can skirt the law by saying they're charging fees for processing on-line payments, not for processing credit cards.
posted on April 7, 2001 06:30:46 PM"If they were to charge for credit card payments only, they would be in violation of the law (and VISA/MC rules) which state that companies that accept credit card payments CANNOT pass on the credit card fees to the customer."
Not true at all. A merchant cannot pass the credit card fees on to the purchaser using the credit card. There is no law or rule saying they cannot charge the seller here, only the buyer. If it weren't for that law/rule, I'm sure PayPal would be charging the buyers as well as the sellers....just like they were doing for international transactions.
posted on April 7, 2001 06:46:44 PM
It is not important how the customer puts money into my Paypal account.
If you are not making it easy for the buyer they go elsewhere.
Paypal ( or any other site ) is providing a service.
2.2 percent is what they charge for this service.
I can be on holidays and still receive this money.
At the shop I pay a lot more then 2.2 percent for excepting cash.
My fuel, my rent, advertising, wages, etc.
You said if, " I " except cash at the shop.
If I have to be physically there, the percentage gets higher.
2.2 percent is a bargain for the service provided.
Either you gentlemen are new to business or you are working on to
slim of a profit margin.
Everything you do in business has a cost to it.
Except it, as the cost of doing business and concentrate on what
you do best,> buying and selling.
If you worry about small fee's like this,
you will never see the forest for the trees.
posted on April 7, 2001 07:19:21 PM
I don't care about the fees, I don't like working with liars. Some would call them liars & thieves but they haven't stolen from me yet. But when you work with known liars you have to know they may also be thieves.
dennis
posted on April 7, 2001 07:22:20 PM
I may be wrong but I thought PayPal charged the seller higher fees if the money was put into the account with aw credit card than if it was deposited with and e-check or a money transfer.
Anyone know for sure
posted on April 7, 2001 07:32:27 PM
[i]At the shop I pay a lot more then 2.2 percent for excepting cash.
My fuel, my rent, advertising, wages, etc.[/i]
These costs are more comparable to eBay fees, than to PayPal fees.
These are your costs to exist as a business, for the public to find you and purchase your wares.
timptech PayPal is changing its fee structure. It used to be 1.6% for echecks or cash transfers and 2.2% for credit card-funded transactions. Now it will be a variable rate, currently 2.2%, for all transactions over $15, no matter what the source of funds.
posted on April 7, 2001 07:57:16 PM
Thanks for letting me know
I wasn't aware of the new fee structure
Isn't there a 35cent charge to us for someone paying with a credit card, or is that gone as well
posted on April 7, 2001 07:58:27 PM
Thanks for letting me know
I wasn't aware of the new fee structure
Isn't there a 35cent charge (in addition to the % fee) to the seller for someone paying with a credit card, or is that gone as well
posted on April 7, 2001 08:16:16 PM
Nope, these are all fees to sell a product. ( Period )
Doesn't really matter if they take it from my
left pocket or my right pocket.
A certain percentage of every sold item goes
towards the cost of selling that item.
The percentages change mind you:
On-line has the smallest percentage by far.
From ebay to Paypal to Packing Materials and wages to package it.
Just a drop in the bucket.
posted on April 7, 2001 09:07:29 PM
What have they lied about?
I remember when I first signed up, in the beginning days, they said "Free and always will be free!" For months, sellers used their program and didn't pay a fee. At the same time, billpoint was getting started and they had a fee structure. I wondered how paypal was making money. Their answer? "We are marketing out hand-held gadget-matron-doohickey and we also sit on all the money and draw interest."
Hmmm, sounds good to me. They get us to pass out those $10, and then $5 referrals, and I admit, it was nice to see that bonus stuff rolling in for the month or so it was going on...then it stopped coming in when they changed the rules on the referral bonus. Can you believe they still advertise for that as an incentive? It used to be you just had to sign up and use the service. Now there is a laughable series of events that must take place for you to get your $5 bonus, and it starts with you giving them your bank account info, and $100! Then they give you $5. Nice deal.
That aside, (which isn't the real complaint), they start charging. They go back on their promise. And they set up a fee structure. Then they change it. Then they change it again. How many times have they changed it?
I remember one time a friend of mine sent me some money. He uploaded $200 from his checking account to his paypal balance. I was buying concert tickets for him and he sent me $50. Paypal got a hefty chunk of that, just for switching it from one account to another. This is money they are drawing interest on to begin with.
Ugh...they are just a bunch of weasels, and if they would just admit it, I would respect them a whole lot more.
Ebay sellers are getting nickeled and dimed to death.
posted on April 7, 2001 09:42:22 PM
What has paypal lied about?
Already answered but here goes. "Always free all the time." I have to believe it was their plan to start charging for their service. It's not the best business plan that starts with a lie.
Paypal bought xcom and closed it down. Why not incorporate xcom with paypal? Because xcom was a bank and paypal doesn't want any of the oversight that comes with banking.
Here's the biggest lie. Paypal has a merchant account and accepts credit card payments. I have no control in this transaction. Paypal accepts the payment and forwards it to me. They are passing on the fee for accepting credit cards which is a violation of their merchant agreement.
posted on April 8, 2001 01:13:01 AM
oldapostle~ If you worry about small fee's like this,
you will never see the forest for the trees.
I guess if you your in politics, on the dole, or work for the government your thinking works, but in business it comes down to all those little fees. the big boys, Wal-Mart, Kmart, Sears,and the list goes on and on make huge monies on raising the cost of their items pennies, or negotiating a nickel less for the item from their supplier, and yes working a better deal with the people that they clear their cards through.
when was the last time you were given a 20% pay increase? when was the last time you were given a 20% increase on your rent? that's what ebay just did. there were people all over the boards that were yelling it's just a nickel, NO IT'S A 20% INCREASE, for me that nickel extra per listing that everyone was saying was no big deal is now costing us another 200 dollars a month.
PP PayPal.........Pal? well how about Pirate, PayPirates
sure .30 and 2.2 doesn't sound like a lot right? Wrong, their fees are high when you compare them to my Merchant account .11 and .1775 it's not much on one transaction but what about 1000 a year or 5000 a year, that's 220-1,100 I would rather have in my pocket at the end of the year. if that is what I pay what do you think they pay, probably .00 and .05%? probably less than that. bottom line is it's a service that is really not needed, send me a check money order or cash.
I get about one person a week that will send their payment with a next day service, the cost to send some of these letters has been as high as 22.00. we receive our mail at a mail boxes etc kind of place, we have to sign for these letters and they always say man that must be a big one, I always open them at the counter and always ask how much do you want to bet? most of them have caught on by now, I don't think I have ever pulled out a payment that cost more that what they(or their employer) cost to mail the letter. I bet they would have rather(or their bosses) paid the transaction fees to use PayPal.
it's the little fees that turn around and bite you in the rear. heck the gas and power in California just went up 20-40%, but wait, that's what ebay went up 20%, oh well it's just a nickel............
posted on April 8, 2001 04:30:38 AM
It sounded weird to me when Paypal started as always free.
I didn't see a source of revenue.
I also took advantage of their early promotional days, but I was
just waiting for a fee structure to come in, or them to collapse.
No business can operated without revenue. ( for very long )
I looked at it like a lost leader, more than a lie.
Just like buying a new TV and not paying till 2003.
Can be done but the average customer gets burned.
Yes I realize the "percentages" that ebay went up.
I repeat:
It just gets passed on to the buyer.
One of my shop locations is constantly increasing their rent.
However, it is a prime location and making the best revenue.
It is getting to the point where a few regular customers have mentioned that
my prices are going up.
But they keep spending in my forest, not worried about the trees "today".
I here you airguy, loud and clear.
I would rather have it in my pocket too.
Very nice when buyers send cash.( plus the gold fringe benefits )
Just working with the tools that are available today.
I am not blindly loyal to any of these sites.
They are marketing their services for a profit and wording their language
to entice people.
I look passed all the fancy talk and just see:
Can I make this work, using their rules.
So far, on-line is far cheaper than off-line.
Each seller has to balance his/her own books and decide.
Like an oldtimer told me many years ago.
Look past all the smoke and mirrors and focus on;
" what's in it for me"
Put yourself in other people's shoes.
If you don't see a; " what's in it for me" proceed with caution.
Naturally, it would be preferred if people would be up-front.
The trick is, look past all the crap and see their,
"what in it for me" and evaluate if you can make this work.
OH BOY !!!
if you don't see a "what in it for me" watch you back, if you still want the deal.
Probably why I am not upset with Paypal.
Didn't see a "what in it for me" at first.
Was just waiting for it to come.
Take Care Guys
This is fun.
PS: California Power would be hard to absorb.
I can change my Auction Site or my On-line payment site
( if my books don't balance in my favor )
but man what do you
do there, put up a windmill.
I did want to address the withdrawal policy issue.
This information is required to support the identity of the person taking money out of the system and this is done to deter fraud.
The check withdrawal policy requires a confirmed credit card billing address because the avs check on the credit card will match the address the check is being mailed to (No withdrawals to PO boxes and Verified Members can withdraw to any street address).
Bank account information is required to withdraw because there would need to be directions on where to send the money.
The issue of charge backs--I explained this in the Partner Services Forum for all users and advised on how a user could be protected from them. Please feel free to review it.
posted on April 9, 2001 08:16:38 AM
Hey oldapostle-
Wanted to comment on the way you post- it's almost like poetry! It's probably unintentional, but it comes off like art!
Now, I respectfully disagree with some of what you say, but I enjoy reading your posts and the way you write them. It calms me down...and boy I can get frantic when paypal comes up! Grrr.....
posted on April 9, 2001 09:29:21 PM
Thanks Merlebuck
What ELSE do you respectfully disagree with.????????
I am just doing what works for me and my business.
New idea's and different ways of looking at things,
are vital to staying ahead of the game.
These threads are a form of Brain Storming.
Sure we throw a little mud and receive some flack.
We want our thoughts and idea's to be the right ones.
But we walk away from this thread with some new things to think about.
In an ever changing market place we should have an open mind.
I have seen many business fail, that refused to change.
One reason the average person doesn't operate a business.
Faced with the choice of changing one's mind
and proving that there is no need to change,
almost everyone gets busy on the proof
-> why they don't have to change their mind.
I was at another thread where this gentleman just exploded my idea's,
to a variety of things to sell, at different times.
I have been selectively buying my items for many years and passing
on items that where not in my field, going cheap.
Was not my market.
Will I be focusing on this new stuff.
Probably not.
Will I be picking it up when I am there any ways.
You bet.
It would be nice to learn without prefixed notions.
But the truth is;
The first 10 ( or less ) idea's are our base.
When the best solution is 27 idea's away.
