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Subject:	Re: Can we all agree to do eCheck payments with Paypal and not CC?
Newsgroups:	lugnet.market.services
Date:	Thu, 2 Nov 2000 13:43:46 GMT
Reply-To:	Rob Doucette <lugnet@=saynotospam=doucettenet.com>
Viewed:	2068 times

"Larry Pieniazek" <lpieniazek@mercator.com> wrote in message news:G3Dy2H.Bn9@lugnet.com... > 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. I assume you are referring to charges borne by international account holders (non-US). From the Policy Changes page: ============== International Payments Free for Domestic Users Entry Date: October 2, 2000 Effective Date: October 31, 2000 PayPal plans to introduce the ability to send money to, and receive money from, international users in 26 countries by Halloween. There will be no additional fees for domestic customers to send or receive international payments. ============== Are international account holders able to fund transactions via a bank account or is credit card funding the only option?? If that's the case then US personal accounts will be capped on the amount of international business you can receive. I'm thinking that instituting a CC funded payment fee policy may be in order: "If paying via PayPal from a US account, thou shalt not use CC funding else a 10% additional payment will be required for release of goods. Failure to send said 10% fee shall result in immediate forfeiture of any and all funds previously transmitted as well as goods" -- -Rob. ============================= New sets and parts for sale or trade: http://www.doucettenet.com/lego/ http://www.brickbay.com/store.asp?p=doucette

Message has 2 Replies:

		Re: Can we all agree to do eCheck payments with Paypal and not CC?
(...) I don't know for sure, but I think that it's illegal in some states to charge extra for credit card purchases. Anyone know if this is true or not? ...time passes... Well, I researched it. According to www.creditinfocenter.com which is what I (...) (24 years ago, 2-Nov-00, to lugnet.market.services)

		Re: Can we all agree to do eCheck payments with Paypal and not CC?
(...) I don't think that's workable, personally. I could see 3-4%, but not 10%. And you might be able to "legally" get away with holding onto the funds of some forgetful (or inconsiderate) person who chooses to violate this gentlemen's agreement (...) (24 years ago, 2-Nov-00, to lugnet.market.services)

Message is in Reply To:

		Re: Can we all agree to do eCheck payments with Paypal and not CC?
I'm willing to stick to your informal agreement... seems a good idea to me. (...) 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 (...) (24 years ago, 2-Nov-00, to lugnet.market.services)

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