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Old 04-29-2020, 12:20 PM   #19
Tim Ayers
Senior Member
 
Join Date: May 2010
Location: NJ
Posts: 6,181
Default Re: New Paypal fees. Be careful, folks

Quote:
Originally Posted by 38bill View Post
PP isn't really any different than what merchants have to deal with when accepting credit cards. There are transaction fees and a percentage of the sale price that are about the same with both CC's and PP.
Right. Most private sellers (like myself), don't want to absorb the cost so "friends and family" became the default mode to pay using Paypal. I guess they caught on to this and want a bigger piece of the pie now.

All of this is a moot point if you either link your bank account to your Paypal or you carry a balance from previous sales.
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