Subject:
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Re: PayPal Changes
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Newsgroups:
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lugnet.market.services
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Date:
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Fri, 6 Oct 2000 19:41:54 GMT
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Viewed:
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1777 times
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In lugnet.market.services, Andreas Stabno writes:
> Has anyone else noticed that PayPal is really starting to push its Premier and
> Business Accounts?
>
> Here are some of the upcoming policy changes:
>
> 10/09/2000 No more referral bonuses to personal accounts
> 10/09/2000 New account holders only get $5 signup bonus with $50 bank transfer
> 10/09/2000 Reduced initial spending limit for new accounts
> 10/16/2000 $500 credit card receiving limit every 6 months on Personal • Accounts
>
> And what we've all been waiting for:
>
> 10/31/2000 International support to 26 countries - free - Yeah!
> I suppose PayPal is saying that anyone who takes in more than $500 every 6
> months should be considered a business. Ouch.
More like OUCH!!!
Here's the fee schedule:
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Amount of Incoming Payment under $15 $15 to $500 over $500
Credit Card payments 25¢ 1.9% + 25¢ 1.9% + 25¢
Bank Account payments 1.9% 1.9% $9.50
PayPal Balance payments 1.9% 1.9% $9.50
The above fees will also apply to international payments made to Premier and
Business accounts - coming next month!
----
> Have any of you tried any of the competing services? What are your
> impressions?
I heard of a new place called exchangepath.com
I haven't looked into it too closely. I do know it is free.
Yahoo also just started a free service http://paydirect.yahoo.com/
haven't had the time to read the particulars on their service either,
hmmm...wonder why ;-)
Guess I'll be makin' time for that very soon.
Julie
>
> Transact well,
>
> Andreas Stabno
> http://www.megsinet.net/~stabno/SimiLego.htm
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Message has 2 Replies:
 | | Re: PayPal Changes
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| In lugnet.market.services, Julie Krenz writes: <snippage> (...) <more snippage> (...) OK, theres a couple of thing about this that bug me... First, PayPal is taking a variable amount (see above) on an inbound payment. Part of that inbound payment (...) (25 years ago, 9-Oct-00, to lugnet.market.services)
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Message is in Reply To:
| | PayPal Changes
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| Has anyone else noticed that PayPal is really starting to push its Premier and Business Accounts? Here are some of the upcoming policy changes: 10/09/2000 No more referral bonuses to personal accounts 10/09/2000 New account holders only get $5 (...) (25 years ago, 6-Oct-00, to lugnet.market.services)
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