Paypal fees again- competitive merchant accounts

On Thu, 17 Jul 2003 14:45:56 +0100, "pda700" <pda700N05PAM@yahoo.com>
wrote:

>US paypal fees are 2.9% + 30c and Uk fees are 3.4% + 20p. Over there sellers
>can't surcharge for the fees but we can and do here.
>
>I just had a message from ebay suggesting that I would get 5% better results
>if I didn't surcharge. OK, credit cards do cost and I would be happy to
>absorb the US rate but not 3.4%. Paypal say they will reduce their fees if
>you can provide a competitive merchant rate
>http://www.paypal.com/cgi-bin/webscr...-about-outside. Has
>anyone tried this? Would anyone dare mention Fastpay's 0% + 20p to Paypal? I
>see that Paypal won't accept Yahoo Paydirect ( 2.2% + 50p).
>
>
For what it's worth, I was selling on Ebay for a year with Paypal as a
payment choice and used to curse the fees that they charged.
Now I have an internet shop and accept credit and debit cards on
Worldpay (I haven't a merchant account).
My fees are approaching 10% and they keep my dosh for 8 weeks before
transferring it into my bank.
Now when I get a Paypal transaction, I breathe a sigh of relief...

Best wishes
Maria
http://www.tajarts.co.uk