whatnot3
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posted on June 15, 2004 09:51:52 AM new
https://www.paypal.com/performancepricing
Once they start these, I am going to revive my old paydirect account.(If they are still around then) I have had the 2.2% rate for years but it looks like they will put be back to 2.9% when this takes effect.
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paloma91
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posted on June 15, 2004 10:16:00 AM new
Well, I am glad I stopped using paypal a long time ago. I know others swear by it but as a small time seller, it's not worth it for me.
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peiklk
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posted on June 15, 2004 11:06:33 AM new
As another small time seller, it is WELL worth it.
And as a small time buyer, I better really want something for them NOT to take Paypal. And others here have said the same thing. Money Orders are too much of a hassle from those who don't take personal checks... and the delay is a pain too.
PayPal rocks!
------
"Bend over backward for the customer. Don't bend forward."
Bush/Cheney 2004 -- FOR AMERICA'S SAKE!
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fenix03
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posted on June 15, 2004 11:19:20 AM new
So let me see if I understand the responses here.
PayPal announces the high volume sellers whoo have not bothered to apply or are unaware of merchant rates will be eligible for discounted rates based on volume, Merchant rate customers will stay at their current rate and may be able to apply for even lower rates after August 6th.
No ones fees are being raised, in fact everyone is being given the possibility of lowered rates and the two replies on topic so far are negative?
Read the info guys - the highest rates listed are the current consumer rates and merchant rates are not affected. This is what people usually refer to as a GOOD thing.
~~~ • ~~~ • ~~~ • ~~~ • ~~~
If it's really "common" sense, why do so few people actually have it?
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classicrock000
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posted on June 15, 2004 01:11:59 PM new
well fenix--you know how it is..some people just have to #*!@ about something !!
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neglus
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posted on June 15, 2004 01:24:45 PM new
EDITED TO CHANGE>>OOPS YOU ARE RIGHT FENIX ..sorry! WOnder if people applying for merchant rate before August 6th will get the 2.2% with less than $10,000 receipts?**********************************
Sig files are too much trouble!
http://stores.ebay.com/Moody-Mommys-Marvelous-Postcards
[ edited by neglus on Jun 15, 2004 01:28 PM ]
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whatnot3
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posted on June 15, 2004 05:59:55 PM new
It will remain the same for a year then anyone that receives less than $3000 per month will be put back to the 2.9/3.9% rate.
To get a better rate with the new fees, you would have to receive over $100,000 per month.
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toben88
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posted on June 15, 2004 11:01:21 PM new
how do we get the 2.2% ???
I just updated my new website - give me your feedback on it.
http://gotflag.com
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capyoda
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posted on June 16, 2004 05:14:29 AM new
wait i forgot, whats the current fee structure? i know its either 2.9 or 2.2 (Or at least thats what i remember)
whats the qualification again for 2.2 right now?
cuz I can't realy reflect the change.. introducing new fee levels is good.. but say if it only took 3,000 per month to get the 2.2 before.. then its not so good now.
but thats probably not it.
the 30 cents per transaction fee is killing me. lol. i get lots of small payment transactions... I think the per transaction fee is actually costing more than the 2.9% for me in a month.. *smack head*
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stopwhining
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posted on June 16, 2004 05:21:38 AM new
to get 2.2 % ,you must be a premier or business member,doing 1k or more per month .
transaction fee of 30 cents stay the same.
Or you can prove you have a merchant account offering competitive rate.
-sig file -------we eat to live,not live to eat.
Benjamin Franklin
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ebayauctionguy
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posted on June 16, 2004 12:07:01 PM new
Hmmm. Paypal is going to increase my fees from 2.2% to 2.9%. Raising the Paypal fees from 2.2% to 2.9% is a 31.8% increase in fees.
I wish I could give myself a 31.8% pay raise!
"I voted for the $87 billion before I voted against it."
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stopwhining
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posted on June 16, 2004 12:26:38 PM new
read thier Q&A section,if you are doing 1k or more with paypal and receiving merchant rate right now,you will continue to get the same rate.
but my concern is -if i slip below 1k and get demoted to 2.9%,then i will be out of 2.2% until i reach 3k ??
-sig file -------we eat to live,not live to eat.
Benjamin Franklin
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ebayauctionguy
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posted on June 16, 2004 12:53:28 PM new
Nope. Anyone with monthly volume under $3,000 will soon have to pay 2.9% Paypal fees.
https://www.paypal.com/performancepricing
"I voted for the $87 billion before I voted against it."
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capyoda
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posted on June 16, 2004 02:23:20 PM new
welp this new fee structure sucks. lol.
i'll never get that 2.2 then.
I just realized i've crossed over the 1k line 2 months ago.. I'm close to 3k in some sense but now I dont know.
meh. for people that are doing more than 100,000... sure its a good thing. but
1k to get 2.2
and now its 10k
*groin*
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capyoda
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posted on June 16, 2004 02:27:29 PM new
so when does this new fee structure kick in?
I need to wait 1 more month before I can apply for 2.2 and take advantage of it before its gone. (cuz u'll need 90 days to show the 1k or more)
then i'm stuck with trying to work harder to get 2.5
lol.
this sucks.
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capyoda
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posted on June 16, 2004 02:36:44 PM new
not to troll a thread so much but,
I guess I have one month to enjoy 2.2%... assuming that the applicationprocess doesn't take a month.
just read the FAQ and new fees kick in on Aug. 6th..
funny, thats my recent ex-girlfriend's birthday.
must be a sign.
this is going to be a crappy year 
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parklane64
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posted on June 16, 2004 02:38:53 PM new
Hey! The poor beset people at Paypal need to pay for this http://www.forbes.com/home/feeds/ap/2004/06/14/ap1412748.html , so give em a break!
___________________
You know...the best way to defeat a liberal is to let them speak.
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whatnot3
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posted on June 16, 2004 03:05:17 PM new
I don't see why anyone would use paypal to accept over $100,00 per month. They could get a better rate than 1.9% with direct credit cards.
At least we still have a year till the rates go up. This is from the paypal email:
Will there be any immediate effect on sellers?
There will be no change to the current fees due to a one-year grace period that PayPal is implementing. This means that through August 6, 2005, you will not pay more than your current rate of 2.2% + $0.30 and may even be eligible for a lower rate. Once this grace period has expired, receiving fees will be determined at the beginning of every month based on the seller's received volume in the previous calendar month.
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capyoda
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posted on June 16, 2004 03:14:25 PM new
oooh its 2005. lol.
gosh. okay. at least we have a year. at least I have a year to enjoy 2.2%
and thats true too. if your volume is $100,000 or more per month. I dont see why you're going to stick with paypal.
the same could be say for $10,000
but I'm sure people have paypal along with their merchant account, more ways to accept payment is always better. i suppose.
better than losing that sale to someone that'll accept paypal when you dont. since there are quite a few buyers with a mindset that paypal is secure and all that.
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capyoda
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posted on June 16, 2004 03:59:39 PM new
okay last post. wish i can edit but my account doesn't allow for it.
but yeah the 2005 grace period only if I'm currently on the merchant rate already.
I'm not. so Im ____ outta luck.
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