Subject:
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Re: More changes at Paypal
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Newsgroups:
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lugnet.market.services
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Date:
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Tue, 19 Dec 2000 13:38:54 GMT
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Viewed:
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1775 times
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Don't you love these people? It's OK to suck money OUT of your bank
accounts pretty much unlimited but not the other way around. It also peeves
me that the default payment option is the bank account given and now you
really have to dig to use the credit card option. Of course, that's just my
opinion, I could be wrong.
junior
In lugnet.market.buy-sell-trade, Julie Krenz writes:
> Shouldn't they be required to email us with these changes???
> Here's the latest:
> Notice Date: December 6, 2000
> Effective Date: December 20, 2000
>
> In order to increase the predictability and consistency of our credit card
> processing costs, the Personal Account $500 limit on receiving credit card
> payments every six months will be changed to a $100 monthly limit. This change
> increases the actual limit from $1000 per year to $1200 per year. Payments
> funded from the sender's bank account or existing PayPal account balance will
> not count against the recipient's limit. At the beginning of each monthly
> cycle, the limit will be reset to $100. Recipients exceeding the
> $100 limit in a given month will no longer be able to accept credit card
> payments unless they choose to upgrade to a Premier or Business Account. Credit
> card payments sent to a Personal Account in excess of the limit will be held
> as "pending" until the recipient chooses to accept the payment by upgrading or
> to return it to the sender by refusing the payment. Personal Accounts exceeding
> the limit will still be able to receive payments funded from a bank account or
> existing PayPal account balance.
> ====================
>
> Julie
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Message has 2 Replies:
 | | Re: More changes at Paypal
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| (...) Well, perhaps you'd prefer they eliminated the free option? What they are doing can't be done for free. They are almost certainly being charged by a credit card clearing house to process the credit card transactions. Where do you propose they (...) (24 years ago, 19-Dec-00, to lugnet.market.services)
| | | Re: More changes at Paypal
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| (...) I could have sworn I got an e-mail announcing this. I know I saw it a couple weeks ago on their site under notices. As for the bank account being the default option - I consider that a good thing. As a seller who doesn't want to upgrade to the (...) (24 years ago, 19-Dec-00, to lugnet.market.services)
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