paypal commission is too high

Discussion in 'PayPal' started by justinlorder, Dec 12, 2008.

  1. #1
    I think paypal commission is too high .

    I had received $101.75 from a custom and the commission is $4 .
    Moreover I try to withdraw the money to my credit card or bank account .
    It says for withdraw money less than $1000, it will charge at least $35 as commission each time I withdraw the money . And for money more than $1000, it charge 3% commission.
    As we know, paypal is for small amount transaction .
    How can they charge expensive commission ?

    Are there any option that can replace paypal ? It must be widely accepted like paypal .
     
    justinlorder, Dec 12, 2008 IP
  2. sampathsl

    sampathsl Guest

    Messages:
    861
    Likes Received:
    6
    Best Answers:
    0
    Trophy Points:
    0
    #2
    For paypal personal account to personal account it's free. However Paypal is cheaper than its alternatives such as 2CO and SWREG. Moneybookers might be the best but most people don't use it.
     
    sampathsl, Dec 12, 2008 IP
  3. freelikehell

    freelikehell Active Member

    Messages:
    128
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    63
    #3
    Moneybookers is lighter on the wallet in terms of transaction fees.
    But, it doesn't match the crown jewel pp
     
    freelikehell, Dec 13, 2008 IP
  4. pc_user

    pc_user Notable Member

    Messages:
    1,891
    Likes Received:
    94
    Best Answers:
    0
    Trophy Points:
    235
    #4
    Fraud, security, uptime, credit card fees.

    You say expensive but have you seen alternatives? What would you expect to pay in fees?
     
    pc_user, Dec 13, 2008 IP
  5. RightMan

    RightMan Notable Member

    Messages:
    8,294
    Likes Received:
    450
    Best Answers:
    0
    Trophy Points:
    205
    #5
    Even I too find the paypal fees really very high...:(

    I also think MB is a very good alternative but is limited by its reach...

    It is time we all....at least DP members get united and dump PP for MB....what say?..guys

    Regards,

    RightMan
     
    RightMan, Dec 13, 2008 IP
  6. justinlorder

    justinlorder Peon

    Messages:
    4,160
    Likes Received:
    61
    Best Answers:
    0
    Trophy Points:
    0
    #6

    Might be google checkout has online payment system .
    I count the day google checkout is as popular as paypal .
    Then I can shift from paypal to google .
     
    justinlorder, Dec 13, 2008 IP
  7. vovan_forever

    vovan_forever Well-Known Member

    Messages:
    263
    Likes Received:
    4
    Best Answers:
    0
    Trophy Points:
    108
    #7
    Yes paypal commissions are to high especially if you recieving small payments, because their minimum commission is $ 0.3
     
    vovan_forever, Dec 17, 2008 IP
  8. atulperx

    atulperx Banned

    Messages:
    3,949
    Likes Received:
    196
    Best Answers:
    0
    Trophy Points:
    0
    #8
    Why don't you isuee the check , i don't think that they charge too much in paying check system . I am using it from last two years and always get paid by check with less deduction and think check payment is best .
     
    atulperx, Dec 17, 2008 IP
  9. CineTube

    CineTube Peon

    Messages:
    428
    Likes Received:
    5
    Best Answers:
    0
    Trophy Points:
    0
    #9
    Paypal commission is high but do we have better options than Paypal? Moneybookers and e-gold is not so widely used as paypal. We are bound to use paypal.
     
    CineTube, Dec 17, 2008 IP
  10. Oranges

    Oranges Active Member

    Messages:
    2,610
    Likes Received:
    92
    Best Answers:
    0
    Trophy Points:
    90
    #10
    It looks like people have too many complaints against Paypal.
    But the fact is we cant avoid them, we all are addicted to them or the other way we dont have any other option.
     
    Oranges, Dec 17, 2008 IP
  11. natj

    natj Well-Known Member

    Messages:
    382
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    110
    #11
    The only other alternative to PayPal is the Payoneer card or a bank wire transfer.
    But you need affiliate programs that support these payout options.
    Most freelance sites support Payoneer.
     
    natj, Dec 17, 2008 IP
  12. clashctyrokr

    clashctyrokr Active Member

    Messages:
    340
    Likes Received:
    8
    Best Answers:
    0
    Trophy Points:
    85
    #12
    PayPal really isn't all that good, it is just the most popular, and therefore the most trusted. AlertPay is decent, as well as MoneyBookers. I would check those out.
     
    clashctyrokr, Dec 17, 2008 IP
  13. tonystuck

    tonystuck Peon

    Messages:
    195
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    0
    #13
    try out http://ikobo.com
    send every $1000 with only $5 fees.
    you can withdrawal via ATM
     
    tonystuck, Dec 18, 2008 IP
  14. Shafiq Kamal

    Shafiq Kamal Active Member

    Messages:
    646
    Likes Received:
    53
    Best Answers:
    0
    Trophy Points:
    95
    #14
    I are waiting for Google Checkout for this solution.
     
    Shafiq Kamal, Dec 24, 2008 IP
  15. cool_78

    cool_78 Guest

    Messages:
    11,409
    Likes Received:
    339
    Best Answers:
    0
    Trophy Points:
    0
    #15
    Well I make less than $500 using a paypal personal account so I do not have any problems their fees. But I do hope paypal reduces their fees especially for smaller amounts.
     
    cool_78, Dec 25, 2008 IP
  16. I-G4L

    I-G4L Peon

    Messages:
    312
    Likes Received:
    6
    Best Answers:
    0
    Trophy Points:
    0
    #16
    6% fee, which is less than Tax..... (Tax in USA is 8%+)

    Get over it....
     
    I-G4L, Dec 25, 2008 IP
  17. eddy2099

    eddy2099 Peon

    Messages:
    8,028
    Likes Received:
    568
    Best Answers:
    0
    Trophy Points:
    0
    #17
    It should also be much less than your own profit margin.

    If you think that the fees you pay paypal is not worth the while then do the payment processing yourself or find some other alternative.
     
    eddy2099, Dec 25, 2008 IP
  18. wisdomtool

    wisdomtool Moderator Staff

    Messages:
    15,825
    Likes Received:
    1,367
    Best Answers:
    1
    Trophy Points:
    455
    #18
    Correct, it is a Willing Buyer Willing Seller market. No one is forcing you to make use of Pay Pal services. You only use it if you feel that it is worth it. For me it is, it helps me link to many places where traditional banking failed.

     
    wisdomtool, Dec 25, 2008 IP
  19. Dugra

    Dugra Banned

    Messages:
    143
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #19
    I think that is depend on our requirement. My personal account is cheap for me
     
    Dugra, Dec 25, 2008 IP
  20. majormaz

    majormaz Peon

    Messages:
    28
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #20
    Paypal is fine. It's ebay which is bad.
     
    majormaz, Dec 25, 2008 IP