Those of you who use Paypal for business transactions... - GoFuckYourself.com

Arousal Design · 12-13-2003, 07:47 PM

Here's a scenario i'd like some opinions. As you well know paypal takes 3% of all incoming transactions.

What do you think is most fair:

1. Charging the client for the extra 3%.

2. Splitting the 3% 50/50.

3. Absorbing the 3% totally. (what we do now).

Obviously, one could just add 3% fee's to the prices... but in the case where this doesn't happen, what do you guys think is most fair?

Brad-Wishing · 12-13-2003, 07:48 PM

Absorb it. I mean 3% does at up over time. But adding 3% to the charges seems kinda ... not cool.

Adult Site Traffic · 12-13-2003, 07:49 PM

Isn't charging the client the fees illegal?

I really don't know, but I had heard that before. We don't, so I never much thought about it.

Kick Ass Chat · 12-13-2003, 07:59 PM

If you process 1k a month their fee is actually only 2.2% plus 30 cents per transaction. This is not a very big fee as far as processing fees go...

tootie · 12-13-2003, 08:02 PM

I just absorb the fee. I do ask for the wire fee when people ask to send me wires, though. My bank charges me alot for them

DaLord · 12-13-2003, 08:05 PM

I cover the fees... no need to force the client to pay more than already listed.
If you feel it's so hard to figure out just add it to your price.

Imageauction · 12-13-2003, 08:11 PM

http://www.paypal.com/cgi-bin/webscr.../terms-outside

5. No Surcharges. Under Visa, MasterCard, Discover and American Express regulations and the laws of several states, including California, merchants may not charge a fee to the buyer for accepting credit card payments (often called a "surcharge"). You agree that you will not impose a surcharge or any other fee for accepting PayPal as payment. This restriction does not prevent you from imposing a handling fee in connection with the sale of goods or services, as long as the handling fee does not operate as a surcharge (in other words, the handling fee for transactions paid through PayPal may not be higher than the handling fee for transactions paid through other payment methods). Nor does this restriction apply to Pound-denominated transactions by sellers residing in the United Kingdom listing items for sale on a UK-based website

Adult Site Traffic, you're probably thinking about the Visa/MC rules. Its not illegal, just against their merchant rules.

12-13-2003, 07:47 PM	#1
Arousal Design Confirmed User Join Date: Jun 2002 Location: Connecticut. Posts: 1,358	Those of you who use Paypal for business transactions... Here's a scenario i'd like some opinions. As you well know paypal takes 3% of all incoming transactions. What do you think is most fair: 1. Charging the client for the extra 3%. 2. Splitting the 3% 50/50. 3. Absorbing the 3% totally. (what we do now). Obviously, one could just add 3% fee's to the prices... but in the case where this doesn't happen, what do you guys think is most fair? __________________ Make Major Bank With Major Personality - NaughtyBank! Featuring NaughtyAllie and NaughtyJulie!

12-13-2003, 07:48 PM	#2
Brad-Wishing Confirmed User Join Date: Oct 2003 Posts: 2,415	Absorb it. I mean 3% does at up over time. But adding 3% to the charges seems kinda ... not cool. __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

12-13-2003, 07:49 PM	#3
Adult Site Traffic Confirmed User Join Date: Mar 2003 Location: South-East of the Border of Disorder Posts: 5,093	Isn't charging the client the fees illegal? I really don't know, but I had heard that before. We don't, so I never much thought about it. __________________ ALL Domains and Websites are GOING AWAY NOW! Ask me! Many great domains, mainstream and adult, some complete sites with databases, some names with traffic and PR, some investment quality names. Come take a look! { Traffic Orders: Please go here } .:: SHARPEN the Elite - BURN the leftovers! Ooh-Rah!! ::.

12-13-2003, 08:02 PM	#5
tootie Confirmed User Join Date: Jun 2003 Location: Planet Earp Posts: 6,041	I just absorb the fee. I do ask for the wire fee when people ask to send me wires, though. My bank charges me alot for them __________________

12-13-2003, 08:11 PM	#7
Imageauction Confirmed User Join Date: Dec 2002 Location: Tampa Posts: 355	http://www.paypal.com/cgi-bin/webscr.../terms-outside 5. No Surcharges. Under Visa, MasterCard, Discover and American Express regulations and the laws of several states, including California, merchants may not charge a fee to the buyer for accepting credit card payments (often called a "surcharge"). You agree that you will not impose a surcharge or any other fee for accepting PayPal as payment. This restriction does not prevent you from imposing a handling fee in connection with the sale of goods or services, as long as the handling fee does not operate as a surcharge (in other words, the handling fee for transactions paid through PayPal may not be higher than the handling fee for transactions paid through other payment methods). Nor does this restriction apply to Pound-denominated transactions by sellers residing in the United Kingdom listing items for sale on a UK-based website Adult Site Traffic, you're probably thinking about the Visa/MC rules. Its not illegal, just against their merchant rules. __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

12-13-2003, 07:59 PM	#4
Kick Ass Chat Confirmed User Join Date: Dec 2002 Posts: 2,057	If you process 1k a month their fee is actually only 2.2% plus 30 cents per transaction. This is not a very big fee as far as processing fees go...

12-13-2003, 08:05 PM	#6
DaLord Confirmed User Join Date: Aug 2001 Location: Denmark Posts: 3,318	I cover the fees... no need to force the client to pay more than already listed. If you feel it's so hard to figure out just add it to your price.