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Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Well yeah, hundreds of times, just not on PP. :nerd:

Neither point is relevant when a new system is being rolled out though. Are we to assume that Paypal is going from 3% profit on every transaction to no profit at all once PP is being accepted through managed payments? They'll still get a cut somehow.

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

This I agree with.

Adyen is the contractor developing eBay's payment backend. Customers won't have any interaction with Adyen at all. Instead sellers will interact with the eBay staff assigned to the managed payments department.

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Well, we arent talking about anything but PP lol

Why do you think they are gonna start keep transactions fees for returns? lol

This is going to MAJORLY cripple them. Just the NEWS of the split caused PP stock to fall 10% lol

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Probably because soon they won't be able to charge a transaction fee at all, since Adyen will be the one charging a transaction fee and sellers won't be using Paypal.

I really don't know. We aren't being shown the whole picture yet so it's impossible to even speculate, lol.

Maybe part of that 2.7% fee will go to Paypal in cases where the buyer pays through a PP account.

I'm not arguing one side or the other.. just trying to make sense of how PP plans to stay profitable once Paypal is a payment option in Adyen. Adyen will be making 2.7% on those transactions and Paypal will be making.... nothing?

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

I would think AYden cost is 1 % so making 2.7%,it can afford to split that with Paypal,just dont know how much goes to Paypal?
if we cant call AYden direct and Ebay CS is going to handle it,Ebay better hire more people.

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Well hell, I just learned that eBay only accounts for ~10% of PP's total payment volume. I would have NEVER guessed that.

Looks like PP will be just fine.

Something else I learned... PP is more profitbale than ebay.

Would have never guess that, either!

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

ebay bought Paypal and ditched Billpoint,Ebay is not growing while Paypal is,so spun off Paypal .
Paypal has more than just processing payments,it has credit cards,debit cards,loans.
Ebay has gone nowhere,pages and pages of junks !
You buy something on Ebay and it comes from AMZN,so now buyers know they can get it cheaper on AMZN.
Paypal members have found creative ways to use Paypal which they will not be able to replicate with AYden

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

eBay also expects to profit an additional TWO BILLION dollars a year, by switching to Adyen. Since they do not charge vendors to receive payments.

That's crazy!

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

So, I've now seen multiple reports of PP not keeping the transaction fees on refunds in the last few days. And several reports of PP reps saying the new policy has been put on the backburner, for now.

It appears as though a bunch of pissed off sellers has made them re-think this policy, FOR NOW!

Anyone had and returns/refunds/cancellations since the 7th?

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Yeah, I just refunded a product today and it looks like the fee was reversed too.

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Ok, good!

......

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

when does the new policy start?
By refunding its fee in full,Paypal is eating that transaction fee ,for every transaction,whether it is debit or credit,for a refund/reversal Paypal pays a fee,could be 10 cents plus a small % tage.
I know once I have a merchant account,when I refund my buyer,it is a credit transaction and there is a small fee I have to pay 1./2% plus transaction fee of 15 cents.
,

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

check the Paypal payment schedule,sometimes the sender pays a fee.
if you buy from an overseas seller who accept euros,then you pay Paypal to convert your US $ to Euro.
There could be fee for the sender if it is overseas payment,friend and family

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

So you guys are saying its NOT IN EFFECT yet? Also if paypal are eating it they should stick the fee to the buyer. Its not our fault theres so many retards.

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Paypal does not know or care,it could be you are in the wrong or the buyer is.
Like Ebay,if buyer wants to return the item and make you pay return shipping,all they have to do is file item not as described,is it fair?
I thought before this new policy,Paypal does not refund 10 cents or the transaction fee?

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

As far as I can tell, no one has reported PP keeping their fees on a refund yet.

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

IF THEY Dont like this new policy,they can close their account.
There are other payment processors,like Square,Ayden and other sales venues besides Ebay

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Yep, that's their attitude for sure. Get on board with the new policies or simply get off board.

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

For all platforms, relevant

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Canceled a couple hundred $$ order and was refunded the FVF with credits from ebay for listing more. Got a message stating as such.

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

He was talking about the transaction fee charged by PP though. I don't think eBay ever intends to start keeping FVF's on cancelled orders.

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Hope not! Wasn't a legit cancellation. May be just for BS cancellations.. maybe not new.

Ebs74 planning on more than 100 canceled orders this year and $30 breaking the business?!? :fight: :)

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

if a buyer keeps cancelling orders,filing disputes ,Paypal could cancel his account as he is a nuisance!
Ditto with Ebay,as he/she is a haZard to the Ebay seller community.
An Ebay buyer in rural Mexico will keep BUYING cheap trinklets on EBAY and sellers will ship first class with no tracking once it leaves USA ,MANY WERE lost or stolen,you know Mexican mail is not that safe.
She filed too many disputes and Ebay removed her buying privilege,she can sell but just cant buy

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Abusive buyers are canned, yes.

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Your last two posts hint at you not understanding what this thread is about lol

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

paypal should know better, half of the buyers are all scammers anyways LOL

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Yea nah, PP little concern. This Ayden thing sounds promising if it taps into buyers who for whatever reason like paying only with the pay apps. Or a transition over time to them. I'll sac .30c for more buyers. :P:P

Also wtf, refunds dont = cancellations? Lol

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

3/4 of buyers on personal site pay with CC instead of PP. Mobile makes up 50% of video games now, projected to be 50%+ in 2020 for online retail.

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Bad news for Google.

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Make that your last THREE posts!

What are you even talking about? :lol:

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Why? Ha

The pay apps are gonna be like the cellphone industry expanding into high speed internet. Gonna start releasing rewards and cash back to compete with CC companies I bet.

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

30 cent transaction fee...

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Same question went through my head so I just backed out the convo lol

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

I didnt even say this so I'll quote :P

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

We're talking about the entire fee, not just the .30 transaction fee.

We ALREADY don't get THAT back lol

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

He seems very confused about this thread lol

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

No $hit, I never said we didnt!

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Your posts don't align with that! :lol: They indicate that THEY are what you think we are discussing.

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Naw bro, adding new discussion since *cough* .30c transaction fee is already covered.

Re: Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update
 

Last I knew if you refund on PP, sometimes it's through eBay....

eBay's giving you listing credits instead of money back. The money's better off not locked into eBay IMO.