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Old 04-29-2020, 11:59 AM   #12
Krylon32
Senior Member
 
Join Date: May 2010
Posts: 4,489
Default Re: New Paypal fees. Be careful, folks

Forgot to mention. I have a special Pay Pal bank account that I transfer my PP money into and from that account it goes into my business account leaving a balance of less than 100.00 in the bank PP account. I've been thinking about assessing a 3% transaction fee on these sales. Most of my sales are under a 1000.00 but I'm afraid that would send customers in another direction. Most of the stores and restaurants in this area have an automatic 3% fee added on a credit card purchase. Going back to checks will probably be the way to go?

Last edited by Krylon32; 04-29-2020 at 12:05 PM.
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