Paypal problem

Discussion in 'PayPal' started by MrHarper, Nov 5, 2008.

  1. #1
    I just recieved payment (10c), I click accept payment in my account and it says a recipient fee of $0.10 USD will be deducted.. would you like to convert $0.00 into british pounds or create a new balance for that currency.

    Lol, what use is that if I get nothing? Any help?
     
    MrHarper, Nov 5, 2008 IP
  2. jestep

    jestep Prominent Member

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    #2
    Paypal and any other electronic payment service is pretty much useless for payments less than a few dollars. Even with a micro-payment option, you should be charging at least a dollar or the transaction fee will eat up your revenue.

    Your best bet is to model your service so you charge $5 or more minimum. You can do this by using credits or by making a minimum time length for monthly payment type services.
     
    jestep, Nov 5, 2008 IP
  3. MrHarper

    MrHarper Guest

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    #3
    Thanks, I've devised a price-goes-up-by-one-dollar-every-day scheme, this should not only increase sales but also stop me losing every single payment :p
     
    MrHarper, Nov 5, 2008 IP
  4. ph1102

    ph1102 Well-Known Member

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    #4
    Do you have premium or personal account?
     
    ph1102, Nov 5, 2008 IP
  5. vividbeauty

    vividbeauty Peon

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    #5
    you are probably getting fees deducted for a premium account if not best thing would be to contact paypal customer service
     
    vividbeauty, Nov 5, 2008 IP