[MatthewPapa]

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

[vyper]

Welcome to online merchant banking.

It sucks monkey balls.

[Taristin]

's why you should accept money orders.

[redmenace]

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.

[Nuke]

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

[achtung]

I tried to push paypal to paypal transactions when I used ebay .     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.