Paypal charges about 3%, but I use their debit card, just like real
money, and get a 1.5% rebate on all purchases. So, it costs me a net of
about 1.5% to use Paypal as a bank/clearinghouse. A real bargain, in my
opinion!
Bill
Slightly Classics
Tucson
Chuck Renner wrote:
>>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.
|