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04-01-2019
| Senior Member | | Join Date: Apr 2018
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Activity: 0% Longevity: 34% | | May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
Disgusting news. They will now be keeping fees, even if you refund a buyer for return or damages.
WARNING PAYPAL LINK https://www.paypal.com/us/webapps/mp...-policies-full
Any other gems in this update out of PayPal? I swear every single time eBay or PayPal have an update, its to screw sellers more.
Last edited by JamesNorth101; 04-01-2019 at 06:52 PM.
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04-01-2019
| Junior Member | | Join Date: Sep 2018
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Activity: 0% Longevity: 32% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
A necessary evil...
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04-01-2019
| | Executive [VIP] | | Join Date: Apr 2011
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Activity: 0% Longevity: 75% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
OP, you should place a paypal link warning tag.
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04-01-2019
| | Executive [VIP] | | Join Date: Apr 2013
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Activity: 29% Longevity: 63% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT Quote:
Originally Posted by BigCJ OP, you should place a paypal link warning tag. | Fixed | The Following User Says Thank You to JamesNorth101 For This Useful Post: | |
04-01-2019
| | Banned | | Join Date: Apr 2017
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Activity: 0% Longevity: 40% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
Dang PayPal? Never thought you would go full ret@rd. Quote:
We’re removing the flat rate pricing for sending money to friends and family members who have PayPal accounts in a country other than the United States and introducing a new variable fee of 5% based on the amount you send with a minimum of $0.99 and a maximum of $4.99 per transaction. We’re also removing any variation depending on the recipient’s country.
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04-01-2019
| | Senior Member | | Join Date: Jul 2018
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Activity: 91% Longevity: 33% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT Quote:
Originally Posted by WEI Dang PayPal? Never thought you would go full ret@rd. | 5%(0.99-4.99) is cheaper than Western Union??
as for not refunding the paypal fee (transaction plus discount rate),that could be expensive,say you refund a buyer $1000,PAYPAL fee comes to 30 cents plus$ 29.00 = $ $29.30.
Ebay seller marging has always been thin,now they could be losing money with too many returns.
if buyer files item not as dsecribed,they have to pay return shipping,lost money on original shipping and now this Paypal fee?
Oucch!!!!!!!!
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04-02-2019
| Senior Member
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Activity: 0% Longevity: 34% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
as for not refunding the paypal fee (transaction plus discount rate),that could be expensive,say you refund a buyer $1000,PAYPAL fee comes to 30 cents plus$ 29.00 = $ $29.30.
Correct, I don't know why more people are not enraged over this. Returns already cost us money, now you will be screwed big time.
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04-02-2019
| Senior Member | | Join Date: Nov 2011
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Activity: 0% Longevity: 72% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
Does this non-refundable fee apply to cancelled orders as well? I have a few inevitable idiots every month that want to cancel an item right after they buy it.
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04-02-2019
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Activity: 91% Longevity: 33% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
good question?
The way credit card works,is that any credit transaction ,like debit transaction incurs a transaction fee and a discount fee.
transaction fee is the same 10 cents -30 cents but the discount rate is smaller,could be 1/2%-1%.
a return would be a credit transaction,so would a cancel?
may be ask Ebay or Paypal.
some sellers charge a restocking fee if return is a buyer remorse,but buyer would file item not as described to avoid restocking fee.
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04-02-2019
| Junior Member | | Join Date: Dec 2018
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Activity: 0% Longevity: 30% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
Ok that's insane! Basically PP is telling you: " we, PayPal llc, want easy money. If you don't like this new update you can close your account and go to hell because we don't mind your business ".
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04-02-2019
| | Executive [VIP] | | Join Date: Aug 2008
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Activity: 16% Longevity: 91% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT Quote:
Originally Posted by CAPH Ok that's insane! Basically PP is telling you: " we, PayPal llc, want easy money. If you don't like this new update you can close your account and go to hell because we don't mind your business ". | Correct. And the crazier thing is theyre going to get away with it...
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04-02-2019
| | Senior Member | | Join Date: Jul 2018
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Activity: 91% Longevity: 33% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
thats the way credit card works,Paypal holds a merchant account and accept credit card transactions for us sellers,and it has to pay fees.
Long ago,when you refund,Paypal does not charge a fee,then later it will withhold the transaction fee,now it looks like it would withhold transaction fee and the discount fee.
The problem is too many refunds and returns and chargebacks.
The only way for Paypal to minimise such is to be more selective with its merchants and the merchants have to be more selective with his choice of venue ,products he sells and the customers he attracts.
none is going to happen any time soon,we will use PAypal to accept payments,we wil sell on fleabay and we welcome everyone to buy from us
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04-02-2019
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Activity: 91% Longevity: 33% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
Paypal should charge 30 cents transaction and 1/2-1% for credit transaction,instead of 30 cents and 2.9-4.4%
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04-02-2019
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Activity: 91% Longevity: 33% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT Quote:
Originally Posted by CAPH Ok that's insane! Basically PP is telling you: " we, PayPal llc, want easy money. If you don't like this new update you can close your account and go to hell because we don't mind your business ". | if you apply for a merchant account with a bank,any refund is a credit transaction which needs to be processed and it will charge you a fee ,but less
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04-02-2019
| Junior Member | | Join Date: Aug 2013
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Activity: 0% Longevity: 61% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
this is awful and just making people walk away with PayPal. smh
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04-02-2019
| Senior Member
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Activity: 0% Longevity: 34% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT Quote:
Originally Posted by ken62310 this is awful and just making people walk away with PayPal. smh | My thoughts as well. I'm thinking this has something to do with eBay removing PayPal soon anyway, so they just don't give a F#$# anymore.
Whatever the reason, eBay payments is starting to look better and better. Provided there is some way to stealth it...
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04-02-2019
| | Senior Member | | Join Date: Jul 2018
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Activity: 91% Longevity: 33% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
if you still want to sell on EBay,then get your own merchant account to accept credit cards,your local bank would charge you less but there are other fees involved.
if there is a reversal,the rate would be lower.
Or sell on another venue which allows you to accept cash,money order,personal check.
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04-02-2019
| Senior Member | | Join Date: Sep 2017
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Activity: 0% Longevity: 38% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT Quote:
Originally Posted by agent006140 if you still want to sell on EBay,then get your own merchant account to accept credit cards, | Someone clearly hasn't been around much lately!
Merchant accounts are a thing of the past.
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04-02-2019
| | Senior Member | | Join Date: Jul 2018
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Activity: 91% Longevity: 33% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
ask the brick and mortar stores,they prefer their own merchant account,where have you been?
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04-02-2019
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Activity: 91% Longevity: 33% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
Paypal fee is 30 cents plus 2.9-4.4%,call your local bank and ask what their rate is.
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04-02-2019
| | Senior Member | | Join Date: Jul 2018
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Activity: 91% Longevity: 33% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
it can go as low as 10 cents plus 1%,if you qualify
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04-02-2019
| Senior Member | | Join Date: Sep 2017
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Activity: 0% Longevity: 38% | | Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
You're too dumb you read your own post.
You said "if you still want to sell on EBay,then get your own merchant account to accept credit cards,"
And then start rambling about B&M stores lolol
eBay is doing away with merchant accounts!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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