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)?
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.