paypal charges?
- Thread starter Cobster
- Start date
Cobster said:
It's very funny what you ask. A seller cannot charge for Paypal, but they do because Paypal's fees on sellers is so high they end up paying more to sell the item, rather than what the final bid dictates. Like someone sells for $10.00 and Paypal fees, Ebay fees, postage costs, interest on debt, gas, shipping supplies, cost of the item ends up being $11.00.
This is why you see this. But, no, the seller, unless in the UK, cannot "charge" a fee if using Paypal. But then again that is only a "Paypal" rule in which they are a 3rd party to credit card companies that lobby the US Congress to have a law that says merchants cannot charge the fee on-top of what a credit card charges.
I hope all the off-shore gambling sites create thir own CC system against MC, VISA, and others. I also hope Google Payments becomes 100% free (since all their $$ comes from advertising clicks), which would put Paypal out of business and drop Ebay stock by 33%.
My tirade.
Gyaos.
Well I was charged a whopping $1.10, but still wanted to know the deal.
So if PayPal is such a bitch, why do most sellers insist or prefer it?
Does eBay not allowe Google's checkout on there? (assuming not)
I also guess there's a reason for this site www.paypalsucks.com
...a top paypal alternative on that paypalsucks site is http://www.995merchantaccounts.com/
So if PayPal is such a bitch, why do most sellers insist or prefer it?
Does eBay not allowe Google's checkout on there? (assuming not)
I also guess there's a reason for this site www.paypalsucks.com
...a top paypal alternative on that paypalsucks site is http://www.995merchantaccounts.com/
As an ebay seller, I also do not like the paypal fees. However, I do not ask my customers to pay for some of the paypal fees, nor do I build that expense into my shipping and handling charges.
To answer an earlier question as to why we use it - convenience I suppose. Quicker turnaround as well. We all like to get paid as soon as possible and that is the good thing about paypal. As for the charges to the sellers, it is just the cost of doing business. I know that going into a deal so I just accept it as I really cannot do anything about it as long as I use paypal.
To answer an earlier question as to why we use it - convenience I suppose. Quicker turnaround as well. We all like to get paid as soon as possible and that is the good thing about paypal. As for the charges to the sellers, it is just the cost of doing business. I know that going into a deal so I just accept it as I really cannot do anything about it as long as I use paypal.
Unfortunately that "cost of doing business" is using a scam company like Paypal that strips sellers money so one ends up owning their job, rather than expanding it into the growth of their own business. Sellers use it because they fear the items they sell, won't turn a profit fast enough if they don't. Sellers that don't use it, are not necessarily greedy to avoid the fees, but do the selling for the fun of it, in which they already have the money and can afford not using a criminal organization such as Paypal.
There's no doubt in my mind the overall picture here is Ebay/Paypal trying to keep their sellers indebted as an addiction to use their system or crash into bankruptcy. Imagine if all the fees were returned that have been stolen, literally stolen by Ebay and Paypal, one would not need social security and that person could buy that car, that house, those stock investments. Cellars cleared out, Ebay has just duped another household, now empty.
There's no doubt in my mind the overall picture here is Ebay/Paypal trying to keep their sellers indebted as an addiction to use their system or crash into bankruptcy. Imagine if all the fees were returned that have been stolen, literally stolen by Ebay and Paypal, one would not need social security and that person could buy that car, that house, those stock investments. Cellars cleared out, Ebay has just duped another household, now empty.
It amazes me how people complain about Ebay. Think of all the money you would have spent if you were to create your own brick n morter store. Ebay's business is evolving and maturing and many store inventory sellers unfortunately got crushed when store listing fees were raised because ebay wanted to shift listings from store to core auction where there is better margin.
Ebay has largest number of buyers and sellers in the market place and will continue to do so in the foreseable future. Change your business plan or find another auction site versus complaining.
As for Paypal they have every right to charge a fee because Ebay purchased them for over a billion dollars and needs a ROI. Infact Paypal is the fastest growing part of the business and revenues will exceed over $1 billion in 2006 growing over 40%. Nothing is for free. It's a business with shareholders to answer to.
For the record yes unabashedly a shill and I'm heavily invested in Ebay....in at $24..down from a high of 60. It's a beautiful cash generating business with NO DEBT , 3 billion dollars of cash on hand, operational cashflow of 1.5 billion is doubling every year and over $5 billion in revenue still growing at double digits.
Wait till Ebay fully monetizes Skype.
Power of 3 = Ebay, PayPal and Skype
Ebay has largest number of buyers and sellers in the market place and will continue to do so in the foreseable future. Change your business plan or find another auction site versus complaining.
As for Paypal they have every right to charge a fee because Ebay purchased them for over a billion dollars and needs a ROI. Infact Paypal is the fastest growing part of the business and revenues will exceed over $1 billion in 2006 growing over 40%. Nothing is for free. It's a business with shareholders to answer to.
For the record yes unabashedly a shill and I'm heavily invested in Ebay....in at $24..down from a high of 60. It's a beautiful cash generating business with NO DEBT , 3 billion dollars of cash on hand, operational cashflow of 1.5 billion is doubling every year and over $5 billion in revenue still growing at double digits.
Wait till Ebay fully monetizes Skype.
Power of 3 = Ebay, PayPal and Skype
