sick of paypal fees

I'm sick of paypals stupid fee system.

I had $1.33 tonight and got $9 more and ended up with $9.77

Enough is enough, after this month or so I'm never using paypal again.

This is for a hosting bill of $9.95 so it's pretty important stuff.

First payment : $9
First fee : .56 cents

Second payment : $1
Second fee : .34 cents

You rock paypal !

 

Yea those transaction fees are great. It shoud just be a percent not how it is done now.

 

For what it's worth this is a business account also. I don't know how paypal sets their 'standards' but maybe they've heard a little something about how customers like consistency.

 

I was charged US$5 for currency exchange plus their fees just to pay for hosting which cost US$9.95 and end up paying US$14.95.

Since than, use my CC to pay for my hosting instead and they charge whole lot lesser. Though I wish more places accepts moneybookers

 

They have a minimum fee of 30 cents. In addition to that, they charge a particular % of the value of transaction.

Use a personal account for low value transactions. Paypal aren't doing business for free- they need to make profit too.

 

guys, is USD100 a day is consider low? How if I have 100USD comes in and 100USD comes out every day?

 

It depends on you. If you are running a business, you can't really use a personal account because you are restricted to getting only five credit card payments.

If the person in question is paying out of his paypal funds, then why not ?

 

For a personal account, there is no fees unless they came from credit card funds. But their business account fees are pretty high especially for smaller amounts.

 

Try getting both a personal account and a premium account. Personal account allows you to get money without charges but it can only take 5 credit card payment a year.

I would only use premium to take credit card payments.

Paypal charges 1.9% to 2.9% + $0.30 USD

Dont bother selling products for $1 because you wont earn much from it. The bigger your payment is, the more you save from this.

 

They might have high fees, but understand they're a bsuiness and not a charity.

I'd be happy that they didn't kept all $10.

 

Two alternatives:

1) a merchant account
2) Google checkout

I don't know enough about your business to say whether either might be helpful, but the merchant account makes sense if you're doing high-volume and/or high-ticket items.

And Google checkout isn't charging any fees to accept credit cards until 2008.