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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.

Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
 

A necessary evil...

Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
 

OP, you should place a paypal link warning tag.

Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
 

Fixed :) :typing:

Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
 

Dang PayPal? Never thought you would go full ret@rd.

Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
 

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!!!!!!!!

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.

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.

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.

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 ".

Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
 

Correct. And the crazier thing is theyre going to get away with it...

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

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%

Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
 

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

Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
 

this is awful and just making people walk away with PayPal. smh

Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
 

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...

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.

Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
 

Someone clearly hasn't been around much lately!

Merchant accounts are a thing of the past.

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?

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.

Re: May 7, 2019 - AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT
 

it can go as low as 10 cents plus 1%,if you qualify

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!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!