PayPall offer new option that can reduce seller fees

Poster
Message
Supplier
United States United States
Vendio_Crystal
Kudos: 113
Joined: Oct 16, 2008
PayPall offer new option that can reduce seller fees
20 Oct 2008
PayPal has introduced a new price structure for those accounts who typically sell lower priced merchandise.

The new method reduces the per transaction cost, but increases the percentages. If most of your items are under $10.00, you can realize a significant savings.

vendable.vendio.com/2008/10/20/new-paypal-option-can-lower-fees/
Crystal Wells
Vendio Services, Inc
www.vendio.com
Blog: vendable.vendio.com/
Herts, England United Kingdom
Andy
Kudos: 11,661
Joined: Jan 1, 2001
Re: PayPall offer new option that can reduce seller fees
22 Oct 2008
The catch that some may miss is that if you signup to PayPal micropayments, it will apply to all transactions through your PayPal account.

PayPal wrote:

TIP :If you process both micropayments and higher value payments we recommend having two accounts - one set up with micropayments pricing and one with the regular merchant rate.

From micropayments.paypal-labs.com
That's worth considering, but hardly convenient!
Andy Geldman, Web Retailer
Please follow on Twitter, Facebook, LinkedIn or Google+
Supplier
United States United States
Vendio_Crystal
Kudos: 113
Joined: Oct 16, 2008
Re: PayPall offer new option that can reduce seller fees
22 Oct 2008
Thanks Andy,

I agree. I think it will be helpful to sellers who sell a lot of low cost items..
I think most sellers can put together a quick spreadsheet and figure out which saves them the most money..items like vintage postcards, paper ephemera, etc can benefit. I wish you could choose either/or or they could just give you the best rate !!
Crystal Wells
Vendio Services, Inc
www.vendio.com
Blog: vendable.vendio.com/

Seller Dynamics
ReplyManager
Sellware
Ad-Lister