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Posted: 10/8/2007 2:01:22 PM EDT
When paying an invoice via paypal.com, you are given the option of paying directly from your checking account or using a backup source such as a credit card. Is the recipient of the payment required to pay service fees even if it's directly from a checking account or is that only if it's using a credit card?
Link Posted: 10/8/2007 2:02:41 PM EDT
While it has been a good long while since I've used PayPal, if memory serves you pay a fee on all monies receieved (which is the main reason I stopped using PP).
Link Posted: 10/8/2007 2:02:45 PM EDT
I believe its 2% higher with a CC.

I cancelled my account along time ago, commie pinko fags
Link Posted: 10/8/2007 2:05:23 PM EDT
only "premier" accounts can accept credit cards.

"Premier" accounts charge for all transactions, regardless or origin.

I gave up paypal too. Some merchants insist on Paypal. I go elsewhere. Sucks, but so does paypal.
Link Posted: 10/8/2007 2:07:31 PM EDT
Sigh.

Anyone who uses Paypal deserves what they ultimately get.

If you deal with scum, don't be suprised when you get burned.
Link Posted: 10/8/2007 2:19:29 PM EDT
OK, I just found out. Sorry for the trouble.


Receiving payments that are funded by Paypal balance, instant bank transfer, or eChecks are completely free, even with a personal account.

Receiving payments funded by credit card, debit card or buyer credit costs 4.9%.

Withdrawing money from your paypal account is free.



4.9% is seems a little high, but it's only 1-2% more than what a retail merchant pays.
Link Posted: 10/8/2007 2:24:16 PM EDT

Originally Posted By niceguymr:
4.9% is seems a little high, but it's only 1-2% more than what a retail merchant pays.


Don't forget the potential cost that exists by their ability, and willingness to seize funds for any reason (or no reason) and hold them for 180 days.

Use Google checkout.

www.paypalsucks.com/
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