February 2015

[postcards2015]

February 2015 ***Updated: A message from PayPal regarding PayPal Legal Agreements*** 03 February 2015 | 11:04AM EST On 12 February 2015, PayPal will be making some changes that may impact you. Introducing a new tier of lower pricing for sellers with a monthly sales volume of between $2,500 and $5,000. The domestic rate for this tier will be 2.2% + $0.30. For more information and to apply, visit PayPal's discounted merchant rates page. Standard domestic rate will increase from 2.4% + $0.30 to 2.6% + $0.30. Clarified where Seller Protection Policy does not apply and updated the PayPal Privacy Policy. For more detail on these changes and how they may impact you, please see PayPal's policy updates page. If you need help or have questions, please visit the PayPal Help Centre or go to paypal.com.au and click Contact.

[bitdat]

There is no end to paypal greediness. They must be paying some guys for the job of thinking how to extract more money from the sellers. Well, it must be good value for the money they pay...

[yeoldecoinco]

If you sell a $20 item, Paypal are now charging over 4% in fees.

52c + 30c = 82c = 4.10% fees.

You may get a discount for volume, however if you take a holiday, when you come back, the rate has jumped to 2.6% again as Paypal take monthly sales figures when determining your rate. Why not a yearly rate?

Can't even have a decent holiday without Paypal slugging you.

eBay fees 7.5% + $499 store monthly fee or 8.5% + $50 store monthly fee.

The highest in the world, Australian store eBay FVFs are higher than any other country - why?

Auctions and casual sellers 9.9%

Postage costs, if you add them onto the price, they get a fee out of those as well.

Cost to sell a $20 item with "free postage" (which they virtually blackmaiedl me into providing via "eBay premium Service") for a storeholder like me is now about 20% in fees.