Originally Posted by w0rM That said, I avoid any sale that expects me to pay the fees... +1
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09-03-2012, 04:43 PM | #17 (permalink) | |
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Hey, you think this is trivial children starving in our nation issues!!! It's paypal fees, something to really be concerned about. lol. Shame on you mod for not seeing the seriousness of this. We even have business owners highly concerned while you force us to take it down a notch. |
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09-03-2012, 05:37 PM | #18 (permalink) | ||
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Since you obviously didn't actually look up the user agreement, I did it for you. It actually confirms that you're right. You might have gotten a better response if you had posted this instead of your rant and a link to page that has nothing to do with the actual polices of PayPal. The Rules are Actually Here: Section IV-5 This is what it says about surcharges: Quote:
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09-03-2012, 09:22 PM | #21 (permalink) |
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Hmm so you don't have to pay sales tax, which can be upwards of 8% yet we're griping about 3% PayPal fees. If you don't like it just buy the products from someone else. The whole point of the forsale section is to make it easier to find parts specific to our cars (370s) its not a surprise charge if the seller asks for it. Honestly the parts are cheaper than brand new and good luck finding such an inventory of used items.
And look at the quote up there, can't be a surcharge fee but there can be a handling fee so all they have to do is change from "fee" to "handling" in their posts. Just be thankful theres a solid community of people that come together to make getting parts cheaper and easier.
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09-03-2012, 10:16 PM | #22 (permalink) |
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I account for any fees in my pricing, its just a cost of doing business. Sometimes people pay me as a gift, and I actually am not comfortable with that. I like to keep all the accounting strictly on the up and up. Paypal fees are probably the tiniest expense of the business.
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09-03-2012, 10:21 PM | #23 (permalink) |
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It's really semantics. No vendor is going to just eat the cost. They're going to charge a little more to cover expenses. Just because they don't call it a surcharge or tell you it's $5 more to cover PayPal doesn't mean your some how saving money.
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09-04-2012, 12:47 AM | #24 (permalink) |
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I'm glad someone posted this
There has been a few times I wanted to make a post about this myself but I haven't. Essentially that 3% is the cost of having the convenience of accepting credit cards or bank payments. To pass that onto someone else is really silly. Now I have paid it, but didn't like it. If anything like its been said before, bake that cost into your price...but saying "please include the PayPal fee" is super tacky and not something a business looking to be taken seriously should do. I guess also because I work for a credit card processor...I shake my head when I see that.
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09-04-2012, 01:02 AM | #25 (permalink) |
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I know how you guys feel... In all honesty I had to factor that into my pricing when I sold parts to customers... Thats 3-4% off the top they take and a big dent into your profits if your bargained down to be competitive with your competition. I also gave customers multiple options and discounts for different payment methods. It is up to the vendor to work with the customer.
Mike
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09-04-2012, 09:29 AM | #26 (permalink) | |
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09-05-2012, 11:01 AM | #27 (permalink) |
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The convience of using a credit card is exactly what you are paying for. When you swip your card at a gas station, the gas station has to pay the credit card company a fee for using the service. I used to live in NJ and this was such a big deal that for a while the price of gas was cheaper per gallon if you paid cash instead of a credit card. It's the same at restaurants and stores in the mall, everytime you swip the credit card companies take a piece, it's a part of doing business. I'm not defending it but just realize that the cost is put into the merchandise you are paying for. I don't see what you're actually looking to change, people might not say "buyer pays paypal fees" now but people will just include it in their asking prices, the same way every other place that accepts credit cards does.
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