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RE: Paypal safety suggestion and question.

To: mgs@autox.team.net
Subject: RE: Paypal safety suggestion and question.
From: Chuck Renner <crenner@dynalivery.com>
Date: Thu, 5 Feb 2004 12:41:53 -0600
> Paypal is the 'paid' vendor of the charge on the creditcard. So they 
> have to pay the 3-4% whatever the Visa/MC/AE charges.

Yes, but now the seller has to pay that fee out of the proceeds.  Also,
if you have a Paypal account and haven't taken a credit card recently,
beware.  You have to convert your account so that the fees are charged
on _all_ incoming funds, not regardless of the funding source.  





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