posted on January 18, 2005 03:25:58 PM new
Or is it just my buyers? I swear there has been a marked increase in the number of people paying via the mail since PayPal's troubles last Fall. I used to have about 80% of my buyers pay via PP but now I would say it is more like 60% and dropping fast!! All I know is checks are a whole lot more work IMHO and I can feel the strain!
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"Life's journey is not to arrive at the grave safely in a well preserved body, but rather to skid in sideways, totally worn out, shouting "...holy sh@#...what a ride!"
posted on January 18, 2005 03:38:15 PM new
hi neglus ... these days, we actually PREFER good check vs. paypal, to reduce our overall overhead fees! .... you don't like checks?
posted on January 18, 2005 03:40:07 PM new
I have seen and increase in not only checks and money orders but credit card payments as well. I don't mind the credit cards because like PayPal they are automatically posted, but paper is more work.
Be kind. Everyone is fighting their own secret battles.
...Author Unknown
posted on January 18, 2005 03:41:15 PM new
I sell about 750 items/month and checks are simply more work. I am not wild about the PP fees but I am all for simplifying my work flow!
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"Life's journey is not to arrive at the grave safely in a well preserved body, but rather to skid in sideways, totally worn out, shouting "...holy sh@#...what a ride!"
posted on January 18, 2005 04:55:49 PM new
I only take money orders or Paypal. Most of my items sell under $20.00 and I don't need a $24.00 charge on my account if I get a bad check for $10.00. The Bank use to not charge me if I got a bad check,now they will under the new check 21 law. I know at the flea markets bad checks now run like water.
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Two men sit behind bars,one sees mud the other sees stars.
posted on January 18, 2005 07:29:09 PM new
Closed my PayPal account in 2002. I happily take Postal Money Orders. Slightly *better* sell-thru rate than when
I took PayPal. I have to go to the Post Office anyway - might as well cash those Postal MO's while I'm there!
posted on January 18, 2005 09:12:11 PM new
Most of my customers have been using PayPal - which is great for me - less work. This weekend only 2 people said they would send checks or money orders. All the rest have already paid with PayPal.
But I am seeing more international sales. I wonder if it is because the dollar is weak.
posted on January 18, 2005 09:13:02 PM new
I haven't taken checks for 5 years & am not about to start again. I like PayPal. Why? Because of the high rate of turnover. I can sell something & have it out the door in 24 hrs. Yes, I take MO's too but I like the fact that I can pack & ship the same day as I get paid with no week or so waiting for my cash. I had 8 sales go off on Sunday night & 5 are out the door today. The average sale was over $25.00, that means I can go shopping tomorrow at another estate sale.
posted on January 18, 2005 09:57:33 PM new
I have to concur with both Neglus and Gootie.
I just did some checking of my payments over the past four months, and credit card payments to the merchant account are at 71%, way up from around 45%. Almost all the difference off of the PayPal percentage. I have seen a trivial increase in the checks/MO, but an increase non-the less. I see this as a big plus for the sellers anyway.
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Alive in 2005
