PayPal Fees Query

Discussion in 'PayPal' started by KiHack, Sep 18, 2007.

  1. eddy2099

    eddy2099 Peon

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    #21
    That's not true. If you receive funds into your Premier or Business account, you will get to pay the fess. It does not matter if the sender has a premier account or not.

    Actually, technically speaking, if you are in the US, you will need a credit card to lift the limits and if you are in other countries, you need to have a credit card to verify your account.

    So that said and done, you should technically not lose any business if you accept credit card purchases exclusively since you will actually accept a larger and more global clientele.

    At least that is my experience. I have been using a 3rd party credit card processor for many years and added Paypal for a short 6 months period last year and sales only went up by about 5% with Paypal. I removed it because it was too much trouble and also the higher chances of disputes which I learn was from being using fake identity to verify their accounts. I removed Paypal and I did not lose any business, in fact, it went up instead.

    In short, you need a credit card if you want a Paypal account but you don't need a paypal account to have a credit card.
     
    eddy2099, Sep 20, 2007 IP
    deluxdon likes this.
  2. johnpccd

    johnpccd Well-Known Member

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    #22
    paypal don't charge fees for Personal accounts.
     
    johnpccd, Sep 21, 2007 IP
  3. madmoody

    madmoody Peon

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    #23
    Paypal is not at all bad in terms of what facilities they provide. A very good payment processor across the globe
     
    madmoody, Sep 22, 2007 IP