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Paypal

Discussion in 'Logistics - Payment & Shipping' started by TOF_Victor, Jan 25, 2004.

  1. TOF_Victor

    TOF_Victor

    Joined:
    Nov 18, 2003
    Messages:
    18
    Hi everyone,

    I've been selling for about four months on ebay and I offer Paypal as a means of payment. I do not ask customers to pay excess. However, I do find Paypal quite expensive, especially for smaller priced items.

    Recently with great fanfare Paypal announced they were moving their service to Europe, that I was do nothing, and I would get a better service. Does anyone know if they will be reducing their charges when they actually operate on this side of the pond?

    Victor [​IMG]
  2. BlackBox

    BlackBox

    Joined:
    Dec 18, 2003
    Messages:
    607
    Hi,

    They are not moving their operations, but due to the expansion of users within eBay.co.uk etc an increase of growth of 168% last year, quite rightly they will now have a Paypal (Europe) operation going live in late February 2004.

    This will cater for all Eurpean Customers as to charges they all ready reduced the cost of withdrawls to FREE and also other costs reduced.

    They will also be covered by FSA which I feel can only benefit the User.

    I would also expect the withdrawing of funds to be quicker than the current 7 days.

    You may not be aware also that if you are earning about £1000 a month via Paypal you can apply for merchant rates to reduce costs.

    Also I am not sure what your rating is on eBay but you may wish to look at wether you qualify for Powerseller status, if successful you automatically qualify for Merchant Rates for Paypal.
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