Quote:
Originally Posted by Format C:
If some pays you £100 Wire Transfer, you got 100.
If some pays you £100 paypal, you got £96
If you both are in the UK, a foreigner gets rich.
Imho, that's more than enough to avoid paypal.
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If someone pays you $100 in paypal you get $100. Assuming you have a personal account and they pay you from PayPal balance or bank account.
If you have a pro/business account they yes there is a fee to the merchant. But, that is no different than having a credit card merchant account. Granted bigger places like Amazon can get a better merchant rate than the 2% that PayPal charges. But, for the little guy try to find a merchant account that will charge you less than 2% for CC fee is pretty hard. PayPal is the best way for a small online retailer to be able to accept credit cards.
Any merchant should work in merchant account fees into their cost of doing business and set their prices accordingly.
BOb