posted on August 15, 2002 05:33:30 PM new
I received a PayDirect payment today for a Yahoo Auctions item and was greeted by a 'select a type of account that you wish to have' screen. There is a new professional account that accepts credit card payments and the old personal accounts, very similar to PayPal's structure. The personal accounts are free to accept regular payments. I selected the personal account and went to the 'accept/refuse' payment screen and there was no fee for the transaction. That was a nice feeling to see there was no hefty fee on a low value item.
posted on August 16, 2002 11:11:34 AM new
It didn't last long. Today I received another PayDirect payment for a Yahoo Auctions item. This time it wouldn't let me accept it with upgrading to a business account because the payment was made from a credit card. I upgradgable and now it is exactly like Paypal's business accounts. I am hoping that if someone pays me from a PayDirect balance that the fees will be waived but I don't think so.
Now that Yahoo is copying Paypal's business accounts they should inherit many of the problems that PP brings such as sellers trying to add a fee for the PayDirect fee ( Yahoo is based in CA like ebay ) and sellers adding confusing payment terms like "PayDirect okay as long as the funds are from a PayDirect balance". With practically no humans in the customer service department this could get interesting.
posted on August 16, 2002 06:41:04 PM new
Paydirect has always had the option buyer pays fees or seller pays fees. So much for the law forcing ebay/paypal to require that the seller pays fees.
dd
posted on August 16, 2002 07:15:24 PM newvvalhalla, I remember reading something about that option when PayDirect first came out but I just scoured the PD site and could not find any mention of it anywhere.
Would you provide a link with that option? I think they may have changed that policy.
posted on August 22, 2002 02:50:01 PM new
You're right, they must have changed the policy. Sorry it took so long to respond, I just hate being wrong!
dd
