You might as well have two PayPal accounts, one free and one
Premier, if you ever really need to accept a single credit card payment.
Paul Nelson


At 1:48 PM -0400 1/8/05, Michael Hackett wrote:
>On Fri, 7 Jan 2005 09:35:26 -0500
>[EMAIL PROTECTED] wrote:
>
>> I am thinking about selling a few items on ebay.ca, using Paypal,
>> which  seems like a popular way to go.  The items will perhaps cost
>> less than  $100.  I've read through Paypal info, but am still not sure
>> about a few  things.  Does Paypal receive a percentage of my revenue?
>> My status is  unverified.  For me to receive money from a buyer, do I
>> give Paypal  account information?
>
>If you have a personal account, there are no fees (except $.50 to
>withdraw money to your bank account). However, with that, you cannot
>receive credit card payments and are limited to something like $500
>per month in payments. For what you are talking about, that may not be
>a big deal, but for more expensive items, I've found that you'll get
>more interest and sometimes higher bids if you can accept credit cards.
>
>If you upgrade to a Premier account, you lose those restrictions, but
>then PayPal dings you for about 3.9% on each payment, even if it's a
>cash transfer. It sucks that the rate isn't lower for cash payments, but
>anyway, those are your options.
>
>When someone wants to pay you by PayPal, you just give them the email
>address you registered under at PayPal. If you set it up in your eBay
>account, you won't have to do anything when the auction ends -- the
>buyer just clicks on the Pay button and they are taken to a PayPal
>page.
>
>I have accounts with PayPal and HyperWallet, and always list both in all
>my auctions and swap list posts, and I've never once had anyone want to
>pay with HW.




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