Pending Paypal Fee Increase ???

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 ?????