Subject:
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No more CC freebies at PayPal (eff 11/6)
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Newsgroups:
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lugnet.market.services
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Date:
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Sun, 14 Oct 2001 21:11:26 GMT
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Viewed:
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2068 times
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I saw this on the site, would have been nice if they sent an email:
Notice Date: October 11, 2001
Effective Date: November 6, 2001
To reduce the costs associated with credit card processing, the ability to
receive credit card funded payments will become a feature reserved for Premier
and Business accounts.
Personal Accounts that receive credit card funded payments after 11/06/2001 may
accept the payment by upgrading to a Premier or Business account, or they will
have to deny the payment. Personal accounts will continue to be able to receive
non-credit card funded payments for free. Once upgraded, Premier and Business
Accounts may receive unlimited credit card funded payments.
Julie
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Message has 2 Replies:
 | | Re: No more CC freebies at PayPal (eff 11/6)
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| (...) I figured this was coming--it was nice to have the free ride. Now sellers who use PayPal have to pay for it, just like every other retail merchant. Sounds fair to me. I've never made my buyers pay it--another cost of doing business. best LFB (23 years ago, 4-Nov-01, to lugnet.market.services)
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