posted on October 8, 2000 07:29:53 PM new
Did anybody read the Nov issue of ebay's magazine yet!. Page 42-46 Paypal states how great they are doing. In a short 9 months they have grown by 500 percent! and by year end will have over 4 to 5 million users? They also state that they handle 100,000 transactions a day (at $.25 cent) per transaction, that comes out to $25,000 a day when the new fees go into effect! They also state they are collect interest on $5 million a day. Now why in the World would they Paypal being charging Fees! Is there something wrong at Headquarters? I hope ebay magazine will re-write their issue on Paypal very soon. Read my second post.
