posted on October 20, 2008 02:45:35 PM http://www.ebaychatter.com/the_chatter/2008/10/introducing-pay.html
Good news for sellers who sell low cost items on eBay (typically, $10 and below). PayPal has launched a special pricing solution called Micropayments that can save you money if you regularly accept payments with small total dollar amounts.
The Micropayments account pricing is 5% plus 5 cents per transaction (for USD accounts). Compared with our usual 2.9% plus 30 cents, micropayments pricing will cost you less if the total transaction amount is under $12.
You can only either have micropayments or "regular" pricing on any given single PayPal account, so PayPal suggests maintaining two accounts if you're a seller of low cost items who also sometimes has higher dollar amount transactions - one account that is setup with micropayments pricing, and one with the standard rate - and then processing to the appropriate account depending on the total transaction amount.
Some of you who pay close attention may remember that micropayments pricing was actually launched a couple of years ago, but was only available to select customers. We're happy to announce that micropayments pricing is now available to all accounts worldwide, and we now have a new website that explains all the details.https://micropayments.paypal-labs.com/
posted on October 20, 2008 03:35:57 PM
I thought they were saying you could have two accounts and direct the higher payments to an account charged the standard rate. I wonder how you would do this? At invoicing time?
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posted on October 20, 2008 04:19:46 PM
The correct way to do this would be that there would be one account with two tiers. However, this appears to be yet another ebay scheme to extract more funds from us.
Currently if you have a $20.00 order, your PayPal cost would be 0.88. Under the new "micropayment" the cost would be $1.05. Where is the savings?
Granted, "micropayment" would save you money in the lower tiers. However, if your buyer purchases multiple items and the order total increases, the "micropayment" could cost you more than the regular payment cost.
This would probably be a benefit for fluff, in that she does not combine her orders, and order amounts are less.
Otherwise, this is just another hook to get extra from us. Beware!
posted on October 20, 2008 06:53:26 PMThis would probably be a benefit for fluff, in that she does not combine her orders, and order amounts are less.
Nope, on two counts:
1. I give my customers the choice of paying for all their purchases on one invoice or paying separately for each. 98% of my customers choose one invoice.
posted on October 21, 2008 09:26:07 AM
I thought paypal didn't want us to have more than 1 account? In fact I asked this question directly at ebay live in 05.
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