If you have done eBay auctions for any length of time, you soon realise that Paypal takes quite a bit in fees from your sales, but they have also extended their reach into a lot of other enterprises on the Internet. For example, most of our advertising is paid for through Paypal payments. That means that if I can reduce the fees of Paypal, I’ll see hundreds of extra dollars go directly into my wallet.
When I first began selling on eBay there were no fees involved with Paypal. In fact, they were paying bonuses for referring people at that time so it ...
Nothing like competition to reduce costs and improve service. Looking forward to Google’s offering.
ditto! I can’t wait to get a look at it….
if they drop the rate just a wee bit I’ll be a happy camper.
a friend of mine who works for a CC processing company, asked me about paypal’s rate.. and he shakes his head wondering why so many people use it.
because its easy. sorta.
Will be an interesting competition.
I believe paypal will still stay a step ahead due to ebay.