posted on June 3, 2001 04:46:27 PM
I use Billpoint for one of my ID's.. don't sell much there, but when I go into my account history I find it difficult to figure out how much I pay them.
Is there an area in the billpoint section that shows we all the fees they have charged me???
I am considering using it for my main account , but I need to know what they will charge me!
We are considering looking into getting a merchant account and getting "Visa" set up at home.
Looking to speed up the entire auction process, making things faster for the customer.
So... Billpoint charges 2.5% + .35 for auctions between $15 and $30... my normal zone.
So... the question is to the larger sellers out there. Does it make sense to pursue the "visa" direct? Or should I just use Billpoint and try and figure out what in the hell they actually charge me?
$15.01 - $2,000.00 $0.35 + 1.75% (Add 1.00% for non-U.S. transactions)
Per Transaction Limit: $2,000.00
Deposit Fees: A deposit fee of 0.5% will be charged for automatically transferring funds from Billpoint to your bank account.
Rebates: Your deposit fee will be rebated for deposits from credit card transactions of $15.00 or less, electronic check transactions, and selected promotional programs.
Deposits to your bank account will be sent the business day after your buyer pays by credit card or the business day after your buyer's electronic check payment clears. Please allow typically up to 2 additional business days before you see the funds in your bank account.
posted on June 3, 2001 05:03:28 PM
I read that as well.. just seems like alot of work... and I have no interesting and sitting down and figuring that out for hundreds of auctions!!
posted on June 3, 2001 05:13:03 PM
I look at it this way when buyer Pay with Billpoint since thet take there fees before the tranfer the money What I dont see I dont miss.
There Is no way to really figure out What Billpoint will charge you at the end of an auction Untill its over any way then its too late.
I just figure the basic cost of .35 and Add that with the rest of the know costs of running the listing that sell and start bidding accordingly.
posted on June 3, 2001 08:55:30 PM
Not sure if this helps but, you can log into your BillPoint account and click on "Deposits" on the left hand side. It lists all your deposits, if you click the date of each deposit, it breaks it down for you as to what the fees are, etc.
posted on June 3, 2001 09:21:11 PM
I've resorted to waiting on the bank statement. I still have not saw where the electronic check fees where credited back for the promotion they ran some time ago!
