topic Re: Changes to paypal user agreement in Selling

Changes to paypal user agreement

brerrabbit585 — Tue, 17 Sep 2019 23:39:43 GMT

I got an email this morning saying that they won't be returning fees on refunded amounts. My friend got it to so I assume it's genuine, but it's not in the section on upcoming policy updates. What is in that section is that currency conversion fees went up to 4% on 4th September.

I don't understand it because this is the same change they announced months ago and then backtracked on. This is what the email said (or part of it):

Earlier this year, we notified you that we were updating our User Agreement to change our refund policy. We want to let you know that the policy change is going into effect beginning on 11 October 2019.

In line with industry practice, and according to our updated policy, we will not charge a fee to process refunds, but the fees from the original transaction will not be returned. This policy will not apply to duplicate transactions, voids and most disputed transactions.

Re: Changes to paypal user agreement

twyngwyn — Wed, 18 Sep 2019 00:51:57 GMT

I got it too

Re: Changes to paypal user agreement

purplemon18 — Wed, 18 Sep 2019 00:56:30 GMT

We got the same email as well.

I remember the original announcement, I remember people saying on the forum that it was backtracked, but I never saw anything from Paypal saying it was cancelled.

Re: Changes to paypal user agreement

*tippy*toes* — Wed, 18 Sep 2019 01:43:29 GMT

I also got the email. I was also under the impression they had backtracked on the fee thing.

I believe the email is genuine as it calls me by my 1st and last name, not Dear PayPal member, that I've had when I've received phishing emails. I still never click on any links though, even if I am sure it's 100% genuine.

Re: Changes to paypal user agreement

brerrabbit585 — Wed, 18 Sep 2019 03:26:55 GMT

I won't click on any links in paypal emails either, regardless of how genuine I think they might be. I signed in to my pp account and then tried to find what I wanted.

In the user agreement I found where it said the fees wouldn't be returned but when I went to the user agreement I didn't click on the relevant country so I don't know whether I was looking at the terms for Australia or some other country.

I guess we'll find out soon enough whether they are going to stop refunding the original fees paid. Thankfully I have very few instances of needing to refund the full amount.

Re: Changes to paypal user agreement

go-tazz — Wed, 18 Sep 2019 04:03:15 GMT

@brerrabbit585 wrote:

In line with industry practice, and according to our updated policy, we will not charge a fee to process refunds, but the fees from the original transaction will not be returned. This policy will not apply to duplicate transactions, voids and most disputed transactions.

Probably setting it all up so that members are used to it before they bring in other payment options where they

will rip you of more but because it's all part of being "allowed" it's just accepted (similar to how they brought in

the fees on postage because they offered a "postage service" which in reality was false but was easily

accepted because of the reference to the "service").

In reality the fees on postage are still completely wrong as they do not form part of the sale price and the

"service" can be supplied via other options).

Because they keep getting away with it they'll keep bringing in other options where they can penalize/scam

sellers out of money (somewhere along the lines they may even get buyers to fork over some cash if they can

get away with it).

Re: Changes to paypal user agreement

davewil1964 — Wed, 18 Sep 2019 08:02:05 GMT

It's Paypal, not eBay tazz.

Paypal have always charged fees on the entire transaction, and don't provide any sort of postage service.

Re: Changes to paypal user agreement

heihachi_73 — Wed, 18 Sep 2019 08:27:40 GMT

Probably an attempt to retain at least some profit levels for when eBay drops them for their new butt-buddy Adyen.

Re: Changes to paypal user agreement

masterstroke.eng — Wed, 18 Sep 2019 21:28:21 GMT

A maybe I read it wrong but I thought disputes were exempt from having fees returned to the seller

Re: Changes to paypal user agreement

lyndal1838 — Wed, 18 Sep 2019 22:13:19 GMT

@heihachi_73 wrote:
Probably an attempt to retain at least some profit levels for when eBay drops them for their new butt-buddy Adyen.

Paypal was a profitable and successful company long before ebay bought it.

There is no reason why it cannot successfully stand on it's own again when/if ebay dumps it completely.

I know use it for paying utility bills....it avoids the credit card surcharge applicable to card payments.

Re: Changes to paypal user agreement

rocket2retro — Wed, 18 Sep 2019 23:12:45 GMT

I read thaty eBay only makes up 11% of PayPal's transactions. Whilst tt will hurt if they completely lose eBay, they will remain a very successful company

Re: Changes to paypal user agreement

eol-products — Wed, 18 Sep 2019 23:52:06 GMT

I use it for airport parking, click and collect from most stores, I think rego as well. It is easy to use with no need add payment details like credit card numbers.

Re: Changes to paypal user agreement

digital*ghost — Thu, 19 Sep 2019 00:12:13 GMT

@lyndal1838 wrote:

There is no reason why it cannot successfully stand on it's own again when/if ebay dumps it completely.

Introducing policies that disincentivise merchants to continue offering it outside of eBay is a good start down that road, though.

Re: Changes to paypal user agreement

*tippy*toes* — Thu, 19 Sep 2019 00:13:58 GMT

I use it for ordering Dominos pizza for home delivery!

Re: Changes to paypal user agreement

lyndal1838 — Thu, 19 Sep 2019 00:32:39 GMT

You could be right Digi. I have no reason to look at it from the point of view of a merchant.

I only ever used it to transfer money between family members in Australia, Canada and the USA until I joined ebay and happily used it whenever I could.

I also pay all my bills online and only recently discovered that I could avoid the dreaded credit/debit card surcharge by using paypal.

Re: Changes to paypal user agreement

imastawka — Thu, 19 Sep 2019 00:39:53 GMT

@*tippy*toes* wrote:
I use it for ordering Dominos pizza for home delivery!

Hahahahaha I use it for Red Rooster home deliveries...and Woolies groceries online.

Re: Changes to paypal user agreement

*tippy*toes* — Thu, 19 Sep 2019 00:50:00 GMT

Oh, does Red Rooster have it now? We haven't had home delivery from then for ages. Good stuff!

Re: Changes to paypal user agreement

collect247 — Thu, 19 Sep 2019 01:20:01 GMT

@*tippy*toes* wrote:
Oh, does Red Rooster have it now? We haven't had home delivery from then for ages. Good stuff!

Haha we don't even have a Red Rooster any more it shut down and Carl's Jr opened up in its place lol.

Re: Changes to paypal user agreement

digital*ghost — Thu, 19 Sep 2019 01:35:33 GMT

@lyndal1838 wrote:

I also pay all my bills online and only recently discovered that I could avoid the dreaded credit/debit card surcharge by using paypal.

I use PayPal a lot, too, and I don't think they are going anywhere any time soon, but they will be affected by the switch - more than people might think at first glance, anyway.

eg Aside from the fees they make from processing eBay's payments, they make a lot of money through their working capital loans. eBay sellers are prime targets for this kind of service, because they are usually not eligible for other types of business loans. Once such sellers stop getting funds to their PP accounts, they will no longer be eligible for loans because it's based entirely on how much you receive in payments. I also use my PayPal account to purchase stock (outside of eBay, of course), because that's where a lot of my funds go... No funds in my PayPal account, maybe I'll still use the account and fund the payments via card, maybe I won't (i..e. volume of payments received falls, volume of payments made falls).

They would also be losing some market share to services like Afterpay, and in turn that will be making people more comfortable with using their CC's online (in circumstances where it doesn't cost them, anyway, but a lot of the time that will be an easily dismissable cost as it's usually 1% or less). Once eBay makes the switch - and if the stats about this site being the most vistited shopping site by far (within Aus) are correct - people may become even more comfortable with using them elsewhere.

Re: Changes to paypal user agreement

twyngwyn — Thu, 19 Sep 2019 02:48:16 GMT

https://www.ecommercebytes.com/C/blog/blog.pl?/pl/2019/9/1568851580.html