Stupid Mistake, But i Learned my lesson

Discussion in 'Payment Processing' started by jessecooper, Nov 29, 2006.

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  1. #1
    So I started the website www.ineedquarters.com as a micro-scholarship site and spent some time developing it and submitting to various other sites.

    Well this morning i woke up and check my paypal account. I was impressed people actually donated some quarters!

    Then it hit me right in the teeth.... paypal charges a percentage on any transaction PLUS $ .30 dam

    so next to each payment received was a fee for the same amount... well at least i'll give paypal a scholarship.

    Next time i will not make such a foolish mistake.

    p.s any suggestions on a differant payment service? lol
     
    jessecooper, Nov 29, 2006 IP
    samlocalguy likes this.
  2. Colbyt

    Colbyt Notable Member

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    #2
    Welcome to the real world. Did you think it was free?

    Amounts of less than $2 are 5 cents plus 5% so most of yours were nice donations.
     
    Colbyt, Nov 29, 2006 IP
  3. thedark

    thedark Well-Known Member

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    #3
    try e-gold
     
    thedark, Nov 29, 2006 IP
  4. eXe

    eXe Notable Member

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    #4
    eXe, Nov 29, 2006 IP
  5. bccruzer

    bccruzer Peon

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    #5
    word. thats the best for sites like you
     
    bccruzer, Nov 29, 2006 IP
  6. Mystique

    Mystique Well-Known Member

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    #6
    paypal for personal use do not charge commission, only if thorugh premium and business accounts, and you are allowed to have 2 accounts, one personal and another either biz or premium :rolleyes:
     
    Mystique, Nov 29, 2006 IP
  7. jessecooper

    jessecooper Peon

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    #7
    Is micro payment service still available? I clicked the sign up button and it just takes me to a business account link
     
    jessecooper, Nov 29, 2006 IP
  8. Kel

    Kel Well-Known Member

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    #8
    The fees at Paypal are a bit ridiculous but its still the only payment processor I use lol. :)
     
    Kel, Nov 29, 2006 IP
  9. JeffC

    JeffC Well-Known Member

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    #9
    haha, sorry that happened. Don't mean to laugh but it just seems like something I would have done.
     
    JeffC, Nov 29, 2006 IP
  10. jessecooper

    jessecooper Peon

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    #10
    well it looks like the problem is fixed thx to paypal micropayments!
     
    jessecooper, Nov 30, 2006 IP
  11. eddy2099

    eddy2099 Peon

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    #11
    Actually paypal is the cheapest payment processor around.
     
    eddy2099, Nov 30, 2006 IP
  12. samlocalguy

    samlocalguy Active Member

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    #12
    Hahaha NIce learn. I also learned somthing from your mistake.
     
    samlocalguy, Nov 30, 2006 IP
  13. jessecooper

    jessecooper Peon

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    #13
    lol whats that?
     
    jessecooper, Nov 30, 2006 IP