posted on October 9, 2000 09:15:04 PM new
From Paypal's "Policy Changes" page:
----BEGIN QUOTE----
Postage and Handling Fee for Check Withdrawals
Entry Date: October 9, 2000
Effective Date: October 16, 2000
In order to encourage our customers to withdraw funds by electronic transfer rather than by check, as of Monday, October 16, there will be a $1.50 postage and handling fee on check withdrawals. There is no fee for electronic transfer, which usually requires only 3-4 days to complete (compared to 1-2 weeks for check withdrawals).
----END QUOTE----
Unless my calendar is seriously defective, October 9 to October 16 is not the two weeks notice we were promised just a few days ago. The time that passes between promise and broken promise keeps getting shorter.
Care to explain this one, Damon? On second thought, don't bother. I really don't care anymore.
posted on October 9, 2000 11:22:25 PM new
It should read "In order to force our customers to withdraw funds by electronic transfer..."
And no, it is not two weeks notice. But then, given their modus operandi over the past few months, you'll probably now be chided about your complaint--after all, you got a week's notice, didn't you? Well, *you* did because you read the policy changes on the PP site...those who don't check in regularly will get a shock on or after October 16.
Another ploy to force users to input bank account info...
posted on October 10, 2000 03:44:54 AM new
OK - thats it
I will be closing my paypal account as soon as this next batch of auctions end. --
I run over 1200 auctions per month, and believe me ALL my customers will be reading a little note about Paypal............
posted on October 16, 2000 11:27:20 AM new
You mean they are now also charging to have
your own funds sent to you by check, in addition to the other fees???? Guess I lost track of all the other garbage they spewed since I closed my account. Sounds like not a minute too soon! With everything I've been reading, I might as well not sell anything - it would wind up costing me money!
Of course, I would still be a "business" - a
failing one but a "business" just the same.
posted on October 16, 2000 12:53:27 PM newhuskylover: Well, it's an on-off affair. The next day PPDamon announced here on AW that they *won't* be charging for checks. Of course, that means little given their track-record--they'll probably turn around one day soon & announce that they are going to charge for checks after all. With little or no warning, of course.
posted on October 17, 2000 05:00:07 AM new
So basically PP still cant get their stories straight. I dont understand why they keep implementing new terms when they have not been thought out yet! This is formula for losing customers if I ever saw one. Make a statement, get complaints, change your mind, change your terms again!!!! Who's running this company anyway? I thought Mickey Mouse was in Florida.
posted on October 19, 2000 04:29:11 AM new
If they start charging for requesting checks, I'm leaving! I do not want to allow them to "play" in my bank account and am not going to open a second bank account and pay all those high bank fees just to request PayPal money.
posted on December 15, 2000 07:00:10 AM new
I've been noticing that A LOT of eBay sellers are pissed with PayPal. I've also seen lots of sellers try to pass on their PayPal (aka credit card-related) fees to the buyer, which is a breach of contract and illegal. I've reported this to Visa, MasterCard and PayPal, but none of them really seemed to care. I guess they're happy as long as they make money.
Maybe someone should start a "StealPal" website and collect up peoples' grievances... maybe then PayPal would "see the light."
posted on December 15, 2000 09:09:26 AM new...which is a breach of contract and illegal.
Which contract might that be? The one the seller has with Visa and Master Card? Oops... no contract there- according to PayPal's TOU page, PayPal is the merchant in the transaction with the cc company. The cc company charges PayPal a fee for processing the credit request to transfer money into the buyer's account, and PayPal charges a separate fee for transferring money from the buyer's account to the seller's account.
Don't believe me? Check your account. As a buyer, this is what you will find:
Dec 10, 2000 Transfer From Credit Card Completed 61.14
Dec 10, 2000 Payment To John Doe Completed -61.14
So let's see... transfer from credit card completed on 12-10 for $61.14, then a payment is made to John Doe for $61.14 on 12-10.
Two separate transactions.
Of course, you're still free to start up a website and collect grievances.
posted on December 21, 2000 06:27:55 AM new
Like most of you, I was "fed up" with PP after the notice in October and decided not to encouarge buyers to pay that way anymore. I came up with the bright idea to do ExchangePath instead...MISTAKE. I'm not getting involved in that mess for sure!!! Now I'm switching back to PayPal...mind you..I will not "promote them" as I used to. I'd rather take a check/MO and no fees. Bottom line: I'd rather pay the paypal fees than expose myself and my customers with EP and their chaos. I guess Nothing is ever free!!! If it is, there's a catch!!
