Subject:
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Re: Can we all agree to do eCheck payments with Paypal and not CC?
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Newsgroups:
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lugnet.market.services
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Date:
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Thu, 2 Nov 2000 06:59:04 GMT
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Viewed:
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1548 times
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I'm willing to stick to your informal agreement... seems a good idea to me.
In lugnet.market.services, Mike Stanley writes:
> I don't think there is any way to actually refuse to accept CC payments
> through Paypal, so this would have to be a voluntary agreement (although
> with the understanding that if you're the only CC payment out of 20 and my
> limit suddenly drops by $17.84 - it'll be pretty obvious who decided not to
> play nice) between buyers and sellers. Too bad you can't just shut off that
> ability - although Paypal will certainly shut it off for you once you hit
> the $500 limit, although the way I read the policy they'll hold onto any CC
> payment funds sent to you until you upgrade your account, while still
> letting you receive Paypal balance and bank transfers.
>
> What do other people think about this?
I think you can refuse a payment once you go over the limit though, right?
BTW, PayPal just went international. I was excited.
Then I read the fine print... 30 cents plus 2.6%(.something anyway) for
every transaction no matter how funded. I am not sure it's the end of
factoring after all. But it should make periodic settlement easier anyway.
++Lar
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