Hard Light Productions Forums

Off-Topic Discussion => General Discussion => Topic started by: MatthewPapa on June 07, 2005, 05:40:17 pm

Title: Paypal is crap
Post by: MatthewPapa on June 07, 2005, 05:40:17 pm

Well I finally got around to selling some stuff on ebay. I had about $24 worth of auction items end last night. I discovered today to my great dismay that paypal charges a rediculous 2.9% and $0.30 for all incoming credit card payments. This is the biggest racket I have ever seen in my life. Here is why.

Auction 1
8.00*.029 + .30 = $.53
Auction 2
9.00*.029 + .30 = $.56
Auction 3
3.00*.029 + .30 = $.38
Auction 4
4.00*.029 + .30 = $.42

So this basically means that I have to give them 2 dollars (10% of my hard earned $$$) just so I could use their crappy online banking service to get a credit card payment. What a rip off :mad: :mad:

Title: Paypal is crap
Post by: vyper on June 07, 2005, 05:57:15 pm

Welcome to online merchant banking.

It sucks monkey balls.

Title: Paypal is crap
Post by: Taristin on June 07, 2005, 06:08:51 pm

's why you should accept money orders. :p

Title: Paypal is crap
Post by: redmenace on June 07, 2005, 06:37:56 pm

Or deal with higher priced items. Honetsly I love paypal and Half.com. I buy and sell my school books online and it saves me a fortune, while ****ing the bookstore over in the process. I love the Internet. ;7

Title: Paypal is crap
Post by: Nuke on June 07, 2005, 07:05:04 pm

paypal is only usefull if you do bulk sales, or if you buy things.

Title: Paypal is crap
Post by: achtung on June 07, 2005, 07:58:58 pm

I tried to push paypal to paypal transactions when I used ebay alot.     I made about $300.00 total I only got about 8 or maybe 9 credit card payments through the whole ordeal (about 40 or so sells) and made sure to accept checks and money orders as well.:D