Subject:
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Change of PayPal fees
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Newsgroups:
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lugnet.market.services
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Date:
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Fri, 1 Mar 2002 19:13:10 GMT
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Viewed:
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2058 times
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Just discovered this newest update, eff 2-28-02:
***
International Pricing Change
Notice Date: February 28, 2002
Effective Date: March 21, 2002
To comply with credit card association regulations that prohibit a surcharge on
cardholders,the fee structure for international transactions must be changed.
Beginning 3/21/02, international buyers will no longer be charged a 2.6% fee to
send a payment. Instead, a 1% fee will be assessed on Business and Premier
account holders when they receive a cross-border payment. The 1% cross-border
fee applies to any payment in which the buyer and seller reside in different
countries. [The cross-border fee will not currently apply to
Canadian sellers receiving payments from U.S. buyers.]
***
Julie
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Message has 2 Replies:
 | | Re: Change of PayPal fees
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| (...) 1. Typical PayPal behaviour. We'll make it look so cheap and irresistable to the sender of payments, that the receiver will have choice but to to accept PayPal (and get clipped in the process). I wonder how PayingFast gets around this. Does it (...) (22 years ago, 1-Mar-02, to lugnet.market.services)
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