Paypal raising rates

segoja

Going to 2.9% + $.30/transaction. For me that's a 30% increase.

this is for all merchants and no volume discount applies

Guess I'll be shopping around, unfortunately with E-Bay sales, it's another hit. I'm sure E-Bay won't be far behind.

agentjim007

I always pay that.

Bullsitter

TwoSides2aCoin

In the shop, it's convenient.
The credit card machine cost more with fees.
Smart technology and mobility dictates .
Take it on the road. There are other available options, but not many cheaper.


It ( PayPow ™ ) is global
Just saying. We have to go with the flow.
It's never cheap letting others handle our money.
A bank on the go has fees just like the brick 'n' mortar banks.

19Lyds

<< <i>Going to 2.9% + $.30/transaction. For me that's a 30% increase.

this is for all merchants and no volume discount applies

Guess I'll be shopping around, unfortunately with E-Bay sales, it's another hit. I'm sure E-Bay won't be far behind. >>

This is what I have been paying since at least 2008.

Ref Thread

What are you currently paying?

19Lyds

Of course, you could always take the APMEX and other Bullion Dealers Route.

As sold if paying by bank wire or cashiers check.
+3% if paying by PayPal
+?% if paying by Credit Card.

LindeDad

Did your volume decease us small guys been paying that all along.

TigersFan2

That's what the rate has been for at least the past year... $0.30 + 2.9%. That's what I've been paying at least since August 2014.

Wabbit2313

It's been 2.9% for me for a long time.

oih82w8

Ditto...it must have been one of those high volume seller discounts when paypal and ebay were in cahoots.

commoncents05

I currently pay 2.2% + $0.30 per transaction. Depending on volume, I believe there are three discounts, 2.5%, 2.2%, and one at 1.9%. I think to get to 1.9% you had to be getting payments of $100,000 or more per month through your account.

-Paul

johnny9434

I seen some price increases on some things already. go figure.

ctf_error_coins

Paypal offers a fantastic service for their rates.

jwitten

I am one of the sellers seeing a rate increase too.

dbldie55

<< <i>Paypal offers a fantastic service for their rates. >>



Must be spectacular service for the 30% increase in rates. I am sure it will be noticed.

OPA

<< <i>

<< <i>Paypal offers a fantastic service for their rates. >>



Must be spectacular service for the 30% increase in rates. I am sure it will be noticed. >>



What is Visa or MC charging for an in house operation? How many personnel would you need to handle all your cc transactions, along with disputed or fraud transactions?

BTW most of us "small time" sellers, will not see a rate increase...It will remain the same, and what a bargain, at 2.9% +$.30.

edited for the decimal spot

TopographicOceans

I'm at 2.5% so it's only a 16% increase for me (only :Funny

Check out BuyPass from First Data Corporation for your CC processing. But 3% is pretty much average unless you're Wal-Mart

My goal is to be done selling on eBay this year and I hope I can be done before they raise the rent again.

cameonut2011

<< <i>Going to 2.9% + $.30/transaction. For me that's a 30% increase. >>



This is what most of us have been paying all along.

SeattleSlammer

<< <i>

<< <i>Going to 2.9% + $.30/transaction. For me that's a 30% increase. >>



This is what most of us have been paying all along. >>





+4
OP, did you make a deal with the devil or something?

LindeDad

Less than an evening on the town per year.

Oops misplaced the decimal unless it's a real special evening.

segoja

While it may seem trivial, it amounts to about $4200/year in increased fees for me.

Put differently, that's about 3 months rent.

It's not small potatoes

amwldcoin

Did you get this in an email? I haven't received anything yet and am also at 2.2% so yes it does make a big difference!

TopographicOceans

I don't have a business account, but I get a discount for every month I accept more than $3,000 in payments and get processed @ 2.2%

They don't show the fees anymore, but I see in their help section they have a sliding scale of 1.9% to 2.9%

If a refund I send is accepted, are the fees from the original transaction credited to my account?

You receive credit for your original transaction fees based on the kind of refund you issue. When you issue a full refund using the Issue Refund link on the Transaction Details page, we credit your full variable transaction fee (1.9% to 2.9% of the transaction amount).

jdimmick

Mine normally runs 2.2 to 2.5 depending on volume, if I can hit 10k in month, I get the 2.2 following month.

amwldcoin

<< <i>Mine normally runs 2.2 to 2.5 depending on volume, if I can hit 10k in month, I get the 2.2 following month. >>



Actually paypal is pretty tight on their discounts! It is a running total and if your volume is above 10K at the time you get 2%....fall a dollar under and you are at 2.5%. It's not a month to month thing!

TwoSides2aCoin

<< <i>While it may seem trivial, it amounts to about $4200/year in increased fees for me.

Put differently, that's about 3 months rent.

It's not small potatoes >>



Okay, so 2 evenings on the town with ten of your best friends.

KennyBerger

Hillary Pay is what we need.

amwldcoin

<< <i>Hillary Pay is what we need. >>



Your avatar doesn't blend well with your statement!

Baley

<< <i>While it may seem trivial, it amounts to about $4200/year in increased fees for me. >>



While I didn't solve for x, it does sound like your sales volume is enormous. Congrats!

EagleEye

Beat them at their own game, buy PYPL.

winky

I use MO's and forget PP.