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paypal micropayment system
 

Hello well i am relatively new to all this ebay and paypal thing [ so just jump and copy what i am saying]

I just came across this paypal micro payment stuff and wondering if we could use this on ebay.I have lot of cheap item like perfume samples costing 1-3 dollar including shipping.I would like to use this micropayment paypal system for selling stuff like that.

But i am wondering how reliable this paypallab is? here is the link
https://micropayments.paypal-labs.com/

Anybody using it for ebay or other sites like facebook for selling very cheap item.Fee looks very much reasonable.

I just want to make sure these things are real and reliable.Anybody suing it here already?

I had doubt that this is fishing scam but after wee bit a research looks like it is not.I got link to paypal-labs link on paypal.com homepage itself.I am activating this as many items i sale on ebay are below 12 dollar.
I will let you know result in two days as it takes two days to activate this skim.till date have popcorn :pop2:

Please do update when you can. This seems pretty legit, especially for subscription products.

if this would be true i would save $.04 per item i sell since i sell almost everything at $10


haha

just got this email from paypal

Dear XXXXXXXXX XXXXx

Thanks for applying for micropayment pricing. We’ve finished processing your request and have changed your pricing to the micropayment rate. The new pricing will be applied to any payments you receive, regardless of the transaction size.

Confusing. Thought it said the limit was $10 per transaction?

No, $10 (the actual figure is $9.40ish) and under are transactions where you'll save money. Anything above that and having a micropayments account will cost you more.

You can have a normal (business/premier) account as well as a micropayments account.

Although like eBay you'll need a new email for it and you can't use the same bank account/credit card etc.

Idea of that is to use the micropayments on buy it nows under $9.40 (and auctions that'll make less than that) and your standard PP account on transactions above.

Yeah this is legit its been out for a long time, saw it a couple years back. If you only get small payments then its a good idea but otherwise its just a hassle since anything bigger then like $15 will cost you more money.

Just got a $1.95 in paypal

Total amount:
$1.95 USD
Fee amount:
-$0.17 USD
Net amount:
$1.78 USD

Its good for small amount only.

seems pretty pointless unless ur selling dozens and dozens of things for Under $15

actually under 9.50 above that you will be spending more.

steve

Can you give an example.

How much more I have to pay for transactions over 10$ ? I use paypal to receive both low payments and high.

yes just read my previous post on here. if you sell something at $10 you will pay .59

micropayments is .55

you save .04

thanks

i cant figure out how to edit my post from a cuple above. its $11 not 9.50

anything under $11 will save you money'


steve

What paypal charge you for international transactions?They charge indians .30+%4 .So make profit even for selling $15 item on ebay usa.

regular rate
for $15 {.30+%4 }= 0.90

Micropayment rate
5 C+ %5 = 0.80