Topic: Ebay/Paypal's ridiculous fees - page 4. (Read 81100 times)
Basically the fees that take ebay and paypal are not good because they are very high I just googled it and they charge 8% for orders up to $50 and additional fees for items more than that sale, and when these two combines their fees are very large, bitcoin is much much better combined with escrow.
I hear allot about this fee why are you thinking that this is ridiculous I don't think it is, simple because lots of people don't know much they do.
Remember they have to hire staff to make sure there is customer support etc.
Suppose that would be the same case with bitcoin, then I would be sure nobody would bother the fees.
It is not a big risk is because if they fail to accept bitcoin they may loose many of their customers who may switch to bitcoin, to avoid that from happening that is why they are trying to adopt bitcoin to make them balanced between the gap that maybe created. Remember they have to hire staff to make sure there is customer support etc.
Suppose that would be the same case with bitcoin, then I would be sure nobody would bother the fees.
yea if you pay 100$ fees about 10$ are so big better use only bitcoin to pay fees only 0.07$ per transaction
The problem is - the fees of PayPal are only applied to sellers/shops. Regular users/customers/clients are not paying anything for using PayPal. So they don't care. And not another problem - say if business owners will adopt bitcoin payments- it is true that they will be earning more - but at the same time bitcoin is not that popular yet...
Many shops now are planning to adopt bitcoins, and steam go for it
Only honest people will be trying bitcoin transactions at the moment, because the issue of dispute, but we do see several companies allowing bitcoin as payments, and the most of them are digital services providers.
yea if you pay 100$ fees about 10$ are so big better use only bitcoin to pay fees only 0.07$ per transaction
The problem is - the fees of PayPal are only applied to sellers/shops. Regular users/customers/clients are not paying anything for using PayPal. So they don't care. And not another problem - say if business owners will adopt bitcoin payments- it is true that they will be earning more - but at the same time bitcoin is not that popular yet...
Many shops now are planning to adopt bitcoins, and steam go for it
Only honest people will be trying bitcoin transactions at the moment, because the issue of dispute, but we do see several companies allowing bitcoin as payments, and the most of them are digital services providers.
yea if you pay 100$ fees about 10$ are so big better use only bitcoin to pay fees only 0.07$ per transaction
The problem is - the fees of PayPal are only applied to sellers/shops. Regular users/customers/clients are not paying anything for using PayPal. So they don't care. And not another problem - say if business owners will adopt bitcoin payments- it is true that they will be earning more - but at the same time bitcoin is not that popular yet...
Many shops now are planning to adopt bitcoins, and steam go for it
yea if you pay 100$ fees about 10$ are so big better use only bitcoin to pay fees only 0.07$ per transaction
The problem is - the fees of PayPal are only applied to sellers/shops. Regular users/customers/clients are not paying anything for using PayPal. So they don't care. And not another problem - say if business owners will adopt bitcoin payments- it is true that they will be earning more - but at the same time bitcoin is not that popular yet...
Many shops now are planning to adopt bitcoins, and steam go for it
yea if you pay 100$ fees about 10$ are so big better use only bitcoin to pay fees only 0.07$ per transaction
The problem is - the fees of PayPal are only applied to sellers/shops. Regular users/customers/clients are not paying anything for using PayPal. So they don't care. And not another problem - say if business owners will adopt bitcoin payments- it is true that they will be earning more - but at the same time bitcoin is not that popular yet...
Even with the fee from the usage of platform been "justified", it's totally abused. PP also has many dumb taxes for everything. Now, the ultimate taxation is the customs. Can you imagine some taxation around 65%, that's what we have in Brazil. Another source of taxes is Amazon, and the worse part is that you can't negotiate international taxes.
Btw, the service is very simple, but the costs are extreme. It's a shame. That's why we're here, to turn the table.
I had made in the past an exchange with brazilian and the fees taken are quite high if paypal its used by someone. The costumers that use paypal doesnt know about bitcoin, and looks like paypal isnt caring about some people mooving out from their big fees, they should readjust their fees. Btw, the service is very simple, but the costs are extreme. It's a shame. That's why we're here, to turn the table.
yea if you pay 100$ fees about 10$ are so big better use only bitcoin to pay fees only 0.07$ per transaction
How do people use paypal so much? Really, what is the reason? They are f-ing people over constantly. Both with their fees (try to convert currencies as a merchant) and account frezing..
Because PayPal is basically a monopoly and people done have much of a choice, while there are other payments systems, PayPal is without a doubt the most used.
How do people use paypal so much? Really, what is the reason? They are f-ing people over constantly. Both with their fees (try to convert currencies as a merchant) and account frezing..
Because PayPal is basically a monopoly and people done have much of a choice, while there are other payments systems, PayPal is without a doubt the most used.
I know, they are like the mob, with 10% fees. But there is no better alternative available yet. 
Paypal has build their reputation from the years, and they do charge accordingly their reputation, and even they have the monopoly as adsense does have, both keep with their prices, and we do use them a lot.
How do people use paypal so much? Really, what is the reason? They are f-ing people over constantly. Both with their fees (try to convert currencies as a merchant) and account frezing..
Because PayPal is basically a monopoly and people done have much of a choice, while there are other payments systems, PayPal is without a doubt the most used.
I hear allot about this fee why are you thinking that this is ridiculous I don't think it is, simple because lots of people don't know much they do.
Remember they have to hire staff to make sure there is customer support etc.
Suppose that would be the same case with bitcoin, then I would be sure nobody would bother the fees.
Remember they have to hire staff to make sure there is customer support etc.
Suppose that would be the same case with bitcoin, then I would be sure nobody would bother the fees.
Even with the fee from the usage of platform been "justified", it's totally abused. PP also has many dumb taxes for everything. Now, the ultimate taxation is the customs. Can you imagine some taxation around 65%, that's what we have in Brazil. Another source of taxes is Amazon, and the worse part is that you can't negotiate international taxes.
Btw, the service is very simple, but the costs are extreme. It's a shame. That's why we're here, to turn the table.
Btw, the service is very simple, but the costs are extreme. It's a shame. That's why we're here, to turn the table.
Well paypal hasnt a monopoly but the most people do trust paypla because you can dispute anytime any transaction with the seller or the buyer, the thing is they have a great service as well high fees.
Out of there great service well they are charging reasonable fees but for me, that is not really going to make their service to become used by more people. Maybe they are already got their investment since it was created, I think they should lessen the fees that they are charging when someone is going to have transaction.
If they are already awared that their customers or users are gradually decreasing because of bitcoin then for sure they would intend to lessen their fees soon.
If they would continue to implement high fees then for sure they would make their customers would go to bitcoin.
But they are not even putting their fees in promo because they are standing firm for their own charging fees and that is keep on stable. Well but I don't know if they are valuing their customers since they have millions of users. So they will not have a problem if they lost maybe hundred thousands of users still they will earn.
Both Ebay and PayPal have crazy fees...but that's what you get when you get "on the street" brand awareness. While ebay is ebay...at least there are a few up and comers that offer a bit better rates for money transfers.
just leave paypal for real and shift to bitcoin
Paypal has build an amazing reputation, and they dont support scams, some projects may use them for a while till they find and ask for some documents, usually this is when the most people loose their money, because they cant proof they own a companie, but those two really do charge too much for the service they provide.
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