birdwatcher-07
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posted on September 10, 2000 09:32:38 PM new
OK, so what exactly are the benefits to me of paying nearly 2% plus 25 cents come October 1? (We're talking about a business account here.) Right now, I don't see very much that makes business accounts very "special", or at least special enough to warrant the fees that lots of other sellers are avoiding! I'm beginning to feel like a sap. I just PayPal'd money to another used book dealer (not an eBay seller) and lo and behold, his account came up as a "verified PERSONAL account." Lawyer be damned, I'm thinking of cancelling my business account and starting up another personal account. Hmmm, so remind me what I'm getting for my fees. When PayPal goes international next month, is that option going to be available to both personal and business accounts?
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paypaldamon
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posted on September 11, 2000 10:42:12 AM new
Hi,
International will be available to personal and business accounts.
The fees are the credit card transaction items at cost. We are not marking up the transaction costs like other services can and our hopes are to make money off of the float, but this requires a substantial amount of volume.
We also keep designing features that business accounts want to help increase their sales (Web Accept,etc).
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Pandoras_Trinkets
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posted on September 11, 2000 02:06:17 PM new
I've been kinda thinking the same thing.
I mainly signed up so I could ditch ccnow on my web site and go strickly paypal but not until after I signed up did I realize that there is no "shopping cart". Just individual sales, which I don't normally have since I sell supplies. Now I'm stuck volumless paying these fees (ugh!) on tiny $5 & less items.
Any possibility of getting coding for a variety of multiple items on the web buttons?
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paypaldamon
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posted on September 11, 2000 02:07:12 PM new
Hi,
Just to keep this in a positive frame of mind, we are also developing a shopping cart feature
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Pandoras_Trinkets
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posted on September 12, 2000 06:34:30 AM new
YIPEEEE!!!!!
International and a shopping cart. I'm starting to feel a little better
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abacaxi
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posted on September 13, 2000 06:37:18 AM new
Damon -
PayPal has been promising "soon" for intrnational and shopping carts for MONTHS! It wuold have been MUCH better to roll them out a month or two BEFORE this fee announcement.
Your "auction payment" explanation page still says "Always FREE for consumers, low rates for businesses"
http://www.paypal.x.com/cgi-bin/webscr?cmd=p/gen/personal_vs_business-outside is a comparison chart ... and again the personal accounts are listed as all things FREE, including auction services.
I'm using my PERSONAL credit card for my PERSONAL PayPal account. AT WHAT POINT DO I BECOME A BUSINESS??? Neither the IRS. the State fo A, nor the City of Phoenix consider me to be a "business" for their purposes - I have no resale number and do not nitend to get one.
What criteria is PayPal using? Does my selling my aunt's hammered aluminum vase make me a "business"? Does dumping a bunch of old books I no longer need make me a "business"? Your terms page does NOT help me at all.
[ edited by abacaxi on Sep 13, 2000 06:42 AM ]
[ edited by abacaxi on Sep 13, 2000 06:44 AM ]
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bunnicula
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posted on September 13, 2000 08:08:47 AM new
PayPalDamon: Shopping Cart feature does not excite me or, I suspect, any other small part-time seller (or any seller for that matter) that does not have their own website from which to sell things. Nor have I been having wet-dreams about 24 hour customer service or any of the other "perks" of the PayPal business account. And I do NOT like, especially, being forced to have one.
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SPEEDTICKET
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posted on September 13, 2000 08:36:13 AM new
why all of this whining over nothing you dont have to sign up for a paypal business account if your happy with your personal account so be it,
K MCDONALD
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goob22
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posted on September 13, 2000 09:42:21 AM new
When I logged into Paypal today, there was a message page that says YOU DO have to upgrade to a premier/business account if you auction because they consider it a business. It also says they are looking into ways to verify if you are doing business under a personal account! You then have to click on a button that says" I'm not a seller" to enter; or upgrade right then.
goob22
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feistyone
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posted on September 13, 2000 10:22:05 AM new
PayPalDamon
>>"The fees are the credit card transaction items at cost. We are not marking up the transaction costs like other services can and our hopes are to make money off of the float, but this requires a substantial amount of volume."<<
Let's attempt the truth here. "The fees are the credit card transaction items at cost."
The following examples are not credit card transactions!
Bank Account payments 1.9%
PayPal Balance payments 1.9%
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labbie1
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posted on September 13, 2000 11:34:50 AM new
PPD--PLEASE, can you explain what fees PayPal has to cover in the following NON-CREDIT CARD transactions?
Bank Account payments 1.9%
PayPal Balance payments 1.9%
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HartCottageQuilts
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posted on September 13, 2000 12:05:08 PM new
why all of this whining over nothing you dont have to sign up for a paypal business account if your happy with your personal account so be it
speedticket, try reading the threads on this subject. Now ANYbody that sells ANYthing is considered a business by Paypal and WILL be FORCED to sign up for a business account. THAT is what all the "whining" is about.
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preacher4u
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posted on September 13, 2000 12:12:02 PM new
If you can't stand the heat,
get out of the kitchen.
If you can't stand losing a couple of bucks to get paid $100.00 in a fast, secure and hassle-free way, go one step back to accept checks and M.O.'s only... again.
------------------------------------------------------------
I'm breathing so I guess I'm still alive
Even the signs seemed to tell me otherwise
http://members.ebay.com/aboutme/preacher4u/
[ edited by preacher4u on Sep 13, 2000 12:13 PM ]
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borgt
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posted on September 13, 2000 12:17:13 PM new
If you can't stand losing a couple of bucks to get paid $100.00 in a fast, secure and hassle-free way, go one step back to accept checks and M.O.'s only... again.
Done.
Not because of the fees, but because of the lies.
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pamlur
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posted on September 13, 2000 12:30:59 PM new
I'm obviously missing something here. I haven't heard anything about this until right now, and I didn't see anything when I logged into my PayPal account a few minutes ago. I'm going to turn on the email feature, so can somebody clue me in???
Thanks!!!
Pam
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feistyone
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posted on September 13, 2000 01:03:48 PM new
pamlur
Read the following thread closely. It will answer your question.
http://www.auctionwatch.com/mesg/read.html?num=2&thread=254626&id=254626
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waspstar
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posted on September 13, 2000 01:42:39 PM new
PayPal will upgrade my account when they pry it from my cold, dead hands. Or something like that.
I AM NOT A BUSINESS!
I WILL NOT PAY BUSINESS FEES!
If PayPal had, all along, said that there would be fees on the personal accounts, then I'd have no problem. But now they've gone and changed the very definition of Business and Premier accounts.
This is not what we were led to believe would happen. I call that a bald-faced lie. What does that make Damon?
"My possessions are causing me suspicion." - Neil Finn
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SPEEDTICKET
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posted on September 13, 2000 02:35:51 PM new
HCQ i did read the posts how can paypal force its users to upgrade to the business accounts are they gonna delete your account or what
yes auctions are a business part-time or fulltime if your making money at home then they are a business
K MCDONALD
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SPEEDTICKET
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posted on September 13, 2000 02:52:54 PM new
the activity of buying and selling goods and services, or a particular company that does this, or work in general rather than pleasure is one defination for business
K MCDONALD
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birdwatcher-07
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posted on September 13, 2000 03:41:34 PM new
preacher4u, if you'll read my post closely, you'll see one of my main complaints is that I was not on an even playing field with other sellers, who were avoiding fees. Obviously, the hoo-hah here on AW regarding PP's recent announcement has changed all of that.
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abingdoncomputers
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posted on September 13, 2000 03:56:29 PM new
the activity of buying and selling goods and services, or a particular company that does this, or work in general rather than pleasure is one defination for business
Nice try. Thanks for playing our game. The IRS and all 50 states have specific criteria for use in differentiating between a business and a hobby. Just because a person buys and sells goods does not mean they are a business.
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SPEEDTICKET
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posted on September 13, 2000 07:50:43 PM new
the activity of buying and selling goods and services, or a particular company that does this, or work in general rather than pleasure is one defination for business
and that is from the dictionary
K MCDONALD
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quickdraw29
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posted on September 13, 2000 10:20:29 PM new
Power Sellers are about the only ones who could benefit from using a business account at paypal. My sales are nowhere near the point I need any other services that paypal offers.
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silviron
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posted on September 13, 2000 10:49:48 PM new
I finally "bit the bullet" and signed up for a business account with PayPal about a month ago.
The primary reason I did so was for the "web Accept" feature.
So far, I'm very pleased with the results- I have a couple of little web stores, and because of the Web Accept feature, not only are my sales up in general, total $ spent per customer is up considerably.
If I were willing to go through the expense & hassle of a regular merchant account, This may be less important, but for me PayPal is a significant feature in my bottom line. Could I get by without it? Sure. But it is a convenience to my customers and a boon to my profits.
Personally, I'm looking forward to a PayPal shopping cart- when I accepted only checks & money orders, most (70%) of my customers bought only one item at a time. Now, with PayPal Web Accept, even though it only currently accepts one item at a time, many more customers are purchasing multiple items. A shopping cart will improve this even more.
Could PayPal have handled all of this better?
WITHOUT A DOUBT.
If I were a casual auction seller or buyer only, would I be happy about the changes?
NO WAY.
Will I give up PayPal because they have made mistakes in both PR issues and in their business model?
NO, (as long as the "hassle level" remains low and they make my business more profitable.)
Edited because either I can't spell, or can't type or both
[ edited by silviron on Sep 13, 2000 10:52 PM ]
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