I personally have had no problems with PayPal.  They do what they say
and charge what they say they charge.  It has made ebay far easier to
deal with.  I hate having to deal with a bank check or money order.


Bruce



Monday, June 16, 2003, 12:21:26 PM, you wrote:

>> Let's say I win an auction for $10, I pay $10 for a item, do I have to pay 
>> 3% or does the seller pay it (out of the $10)?

DGAJ> Unless they've changed it since I signed up, it works like
DGAJ> this:

DGAJ> The person sending money never pays an extra fee to
DGAJ> PayPal.

DGAJ> People can get no-fee accounts if they never expect to
DGAJ> receive more than a certain amount of money in a single
DGAJ> month -- I think it's $300, but a quick check of the
DGAJ> FAQ on www.paypal.com will verify or refute that.

DGAJ> People who sign up for accounts that can receive more than
DGAJ> $300 in a month, get a small fee taken out of payments they
DGAJ> receive.

DGAJ> People who do a Whole Lot More business qualify for a smaller
DGAJ> percentage fee.

DGAJ> I've heard some real horror stories about PayPal (take a 
DGAJ> look at <http://www.paypalsucks.com>), but personally I have
DGAJ> not had any problem with them at all (including using their
DGAJ> ATM card to spend money from my PayPal account in brick-and-mortar
DGAJ> stores, and having money transferred from my PayPal account to 
DGAJ> my checking account).  I'm not too thrilled with their recent 
DGAJ> changes to the list of what you're allowed to buy using their 
DGAJ> service -- it hasn't affected me, but the some of the specifics
DGAJ> annoy me on a political level -- and have been considering signing
DGAJ> up with a competing service so that anyone who needs to send me
DGAJ> money but is boycotting PayPal can do so, but PayPal seems to be
DGAJ> the ubiquitous online payment service, and my address is the 
DGAJ> one htat collects money for online CD sales for The Homespun 
DGAJ> Ceilidh Band, so I'm not going to drop PayPal unless they pull
DGAJ> something that does affect me directly.

DGAJ> As for the fee, I just factored that into the "shipping and
DGAJ> handling" fee (call it part of "handling") for online CD sales,
DGAJ> and when friends send me money for other reasons, the fee comes
DGAJ> to a small enough amount that I manage not to lose sleep over
DGAJ> it.

DGAJ> Again, the _sender_ does not pay a fee.

DGAJ>                                         -- Glenn


Reply via email to