I Love Paypal

Koenig Posted by: Koenig on February 22 2009
I've often purchased items on eBay and then changed my mind or just needed something to use once. No problem, I'd just sell it back, but the fees are becoming out of hand. They used to be negligible, but now every feature has a fee. Say you want to start the bidding low and put a reserve price to protect you. You save on the insertion fee but it would cost $2.00 for the reserve feature. List in two categories and the fee there is doubled. But what really bugs me is Pay-f'in-pal. People either pay you via instant transfer or by credit card. 4.9% fee on credit card payments. Bank payments are free to accept, but only if you have a personal type account. If you accept a credit paypment, then your account must be upgraded to a business type account. Then even instant transfers have a fee (although its a lesser fee). I asked paypal to downgrade me back to personal status and they said fine, but it can only be done one time. Well, the next payment I received put my total payments received that month over $500. Turns out if you make over $500 per month you must upgrade to a business account. So, now I'm back to business status. So I opened another paypal personal account for future transactions. I just put on my auction a message that I prefer instant transfers, but gladly accept good old money orders and cashiers checks. Mind you, the things I've been selling lately are mostly old things of my own such as CDs.

Comments:

1.) Welcome to the Craptank! Bout time you posted something. I actually haven't
used ebay in a long time... Ever tried selling your stuff through Craigslist? Posted by j-man at 12:38am on Feb/23/2009
2.) Not yet, but my 88 Cougar will be going up on Craigslist. I took some pictures
of it last week but didn't post it yet. And my mechanic has stuff I'm going to
sell for him for half the profit. Although that will probably be thru eBay
depending on how many items there are. It will be easier to manage in eBay if
its alot of stuff. Posted by Koenig at 9:56am on Feb/23/2009
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