your opinion on online stores with extra charges for using paypal

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Originally Posted by Adam_Wysocki

PayPal, certified checks, personal checks, business checks, e-checks, money orders, credit cards (VISA/MC/AMEX/DISCOVER), wire transfers, payment plans, trades, trades/cash, cash ... I try and be as convenient as possible for my customers! :D

-adam

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what about organ donations and little siblings?

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Originally Posted by alexrls

what about ... and little siblings?

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Are they good workers? :twisted:

-adam

well i think the part of this entire transaction that upsets me the most is they even want me to give them the 55 cents it costs them to transfer the funds from their paypal account.

i'm going to be talking to the others going in on the order and possibly cancel the entire transaction.

i have also run many businesses (but don't do start ups for a living like you adam) but i just accept that if i want to offer my customers an easier way to pay ME than i eat those costs. simple. the ease of payment brings the customers to me and then to slap them with extra costs is silly... and bad business IMO.

with the right incentive. (branding irons and cat-o-ninetails) :devil: :devilish: :twisted:

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Originally Posted by alexrls

with the right incentive. (branding irons and cat-o-ninetails) :devil: :devilish: :twisted:

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That's the way I'm already "motivating" my employees! :D

-adam

Confused....

Someone wants the 3% extra for the paypal fee. The item costs $100. So with the fee it would be $103 transfered via Paypal.....so when you transfer them the $103, paypal will determine the 3% fee based off of the $103 not the $100 and the actual fee will be $3.09 instead of $3.00...so technically they are still not getting all of their fee ;)

If I see an ad that asks for an additional 3%.....I just exit the ad...I would never buy from someone with those kinda practices.

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Originally Posted by daniel1983

Confused....

Someone wants the 3% extra for the paypal fee. The item costs $100. So with the fee it would be $103 transfered via Paypal.....so when you transfer them the $103, paypal will determine the 3% fee based off of the $103 not the $100 and the actual fee will be $3.09 instead of $3.00...so technically they are still not getting all of their fee ;)

If I see an ad that asks for an additional 3%.....I just exit the ad...I would never buy from someone with those kinda practices.

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hahahaha i never thought about that hahahahaha thanks for making me smile in all of this daniel!

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Originally Posted by daniel1983

paypal will determine the 3% fee based off of the $103 not the $100 and the actual fee will be $3.09 instead of $3.00...so technically they are still not getting all of their fee ;)

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They're actually making a profit on it.... check this out...

Paypal fee (2.5%) on $100 = $2.50
Paypal fee (2.5%) on $103 = $2.58

Actual amount going to seller = $100.42

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Originally Posted by ddbjdealer

They're actually making a profit on it.... check this out...

Paypal fee (2.5%) on $100 = $2.50
Paypal fee (2.5%) on $103 = $2.58

Actual amount going to seller = $100.42

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$100 purchase

Paypal fee (2.5%) on $100 = $2.50

So ad the $2.50 fee to the $100:

Paypal fee (2.5%) on $102.50 = $2.56

They loose 6 cents.

But ya....If they charged 3% extra for a 2.5% fee....yep...they would actually be makeing a few extra cents and it makes alot more sense.

it's 2.9%