Pending Paypal Fee Increase ???

[sydney_chainsaw_engineering]

Chatting with a long time supplier in the US yesterday and he was telling me of a Discussion Board thread that leaked proposed Paypal transaction fee hikes.

Remember this was in the USA, so it may not be applicable in Australia, however both eBay and Paypal have a savage reputation for milking a dry udder, so there is every likelihood any fee rise would be a worldwide affair.

Apparently the topic was "shut down" within 15 minutes, but not before thousands of views.

Crux of the changes were 2.5% for eBay transactions up to $50, then 2.7% for transactions $51 to $100, then 3% for all transactions $101 and above. For non eBay transactions a flat fee of 3.5% will be charged regardless of dollar value.

GET THIS...the sweetener being Paypal were going to drop the current 40 cent fee that is presently charged in addition to the % fee for transactions.

I've done some Google searches looking for more info, however can't find too much specific apart from general we-hate-Paypal threads.

Anybody heard anything about these pending Paypal increases ?????

[phorum_junkie*]

I too have used Paypal since before it was even called Paypal and long before it was available in Australia and I can't remember when their fees last went up it was so long ago, how many other service providers can you say that about?

If they do raise the fees and you no longer wish to use their services then you can choose not to, there are three permitted remote payment options so use one of the other two if you wish.

[digital*ghost]

If PP is considering fee increases it is no doubt thanks to the many claims by people who keep getting scammed.  Refunds for INR have to come from somewhere. 

They typically come from the seller's funds, or not at all - INR claims rarely cost PayPal anything, since they make it quite clear the buyer is not entitled to a refund if the seller proves postage. Ergo in those circumstances, seller would keep the money, and PayPal the fees.

Providing seller protection for credit card chargebacks would probably cost them way more than INR's, because if the chargeback is successful, PayPal foots the bill.