PayPal issues
The problem with PayPal in my opinion:
eBay effectively force you to accept PayPal payments by their extensive advertising of PayPal and their buyer protection schemes. The majority of the free days now have PayPal as a requirement too.
A personal PayPal account is free to receive payments but how long can you keep a personal PayPal account before they effectively force you to upgrade to the fee-paying Premier/Business account?
They do this by only allowing you to accept a small number of credit card transactions each year (5 from memory).
No problem, you think, I just won't accept credit card transactions. Wrong! According to eBay/PayPal rules you must accept all forms of PayPal-accepted payment types if you list PayPal as a payment option.
Ok, so looks like you will have to upgrade to a Premier/Business account after all. So you will just advertise a small surcharge for PayPal payments. Wrong again! Another eBay/PayPal rule violation.
See my other blog entry, "The real cost of selling on eBay", for how much PayPal fees impact on selling low cost items on eBay.
eBay effectively force you to accept PayPal payments by their extensive advertising of PayPal and their buyer protection schemes. The majority of the free days now have PayPal as a requirement too.
A personal PayPal account is free to receive payments but how long can you keep a personal PayPal account before they effectively force you to upgrade to the fee-paying Premier/Business account?
They do this by only allowing you to accept a small number of credit card transactions each year (5 from memory).
No problem, you think, I just won't accept credit card transactions. Wrong! According to eBay/PayPal rules you must accept all forms of PayPal-accepted payment types if you list PayPal as a payment option.
Ok, so looks like you will have to upgrade to a Premier/Business account after all. So you will just advertise a small surcharge for PayPal payments. Wrong again! Another eBay/PayPal rule violation.
See my other blog entry, "The real cost of selling on eBay", for how much PayPal fees impact on selling low cost items on eBay.
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