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 brezinaj
 
posted on September 13, 2000 03:06:58 PM new
This question has been asked several times, but I have not seen an answer yet.

If the justification for the new fees is that PayPal is needing reimbursement for charges it incurs from MC/VISA, why is the same fee charged on PayPal to PayPal transactions (no credit card involved)?

Thanks for your answer.

 
 paypaldamon
 
posted on September 13, 2000 05:08:16 PM new
Hi,

Costs are also incurred in other aspects of the business and this is not related to credit card funding alone.

 
 tc61380
 
posted on September 13, 2000 09:34:49 PM new
Damon,

Now I suppose credit card payments wouldn't remain free forever, but if your claim is that it is to help "shoulder" the burden, why would payments with a positive paypal balance or bank accounts incur fees? Check or processing costs aside, if a bank were to send me a check, they would not deduct the cost of an envelope, stamp, and worker's salaries in my payment.

You are essentially a bank, or at least have the liquid cash of a bank.

 
 
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