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Author
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Topic: Paypals new policy
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Hooskdaddy
Member
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posted September 13, 2010 04:44 AM
      
So I got an email from Paypal saying that personal payments used to pay for merchandise were not allowed and if I continued doing so after September 26th it would be revoked and ALL my payments would incur fees. SO my question is where do we go from here? Do we start taking the 4% for ALL Paypal payments? I doubt Im the only one who has gotten such an email as I do very little business with personal payments. Chime in with suggestions.
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Tha Gunslinga
Moderator
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posted September 13, 2010 05:52 AM
  
quote:
Originally posted by Hooskdaddy:
Do we start taking the 4% for ALL Paypal payments?
Basically, yeah. See, what's interesting is that their policy update that's effective Sept 22 has this included: quote:
Third Party Permissions. A new subsection has been added to Section 2 (Accounts) that relates to permissions you grant to third parties. It describes how to set third party permissions for your Account, and explains that if you grant a third party permission to take actions on your behalf you allow PayPal to disclose certain information about your account to this third party. It also states that you agree that you will not hold PayPal responsible for, and will indemnify PayPal from any liability arising from the actions or inactions of a third party in connection with the permissions you grant.PayPal Online Check Payments. A new payment option will be offered for payments between Users in the United States made through certain third parties’ products or services where the sender must fund their payment exclusively using either (or both) their Balance or eCheck and for which a new fee, the PayPal Online Check Payment fee, will apply. Section 3.4 (Payment Method Limitations) has been updated to note that your Payment Methods will be limited to Balance or eCheck for PayPal Online Check Payments. A new section was added to Section 4 (Receiving Money) to state that if you offer PayPal Online Check Payments in a payment flow, you shall not offer any other PayPal-branded payment option in the same flow. Section 8 (Fees) has been updated to add the transaction fee applied to each PayPal Online Check Payment: Activity
PayPal Online Check Payment Fee
Sending or receiving* $0.50 USD per transaction
* The PayPal Online Check Payment fee is paid by the recipient unless it is disclosed to you before you send the payment that you, the sender, must pay this fee. Section 11.5 (Items/transactions not eligible for Seller protection) has been updated to add PayPal Online Check Payments to the list of transactions that are not eligible for seller protection.
So what does that mean? It sort of sounds to me like they'll let you do personal non-cc with a $.50 fee on goods, but I don't get what the whole third-party thing means, so I may be totally misinterpreting it. __________________
Ebay problems?
File a claim, leave a neg, buy on MOTL.Wanted: Russian foil Niv-Mizzet
Russian foil Ob Nixilis
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98ViperGTS
Member
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posted September 13, 2010 08:15 AM
Sounds to me like its time to use another banking option.
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Morbid-
Member
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posted September 13, 2010 08:43 AM
My most recent email from PayPal had something to do with holds on my account, haven't gotten the dreaded email like yours, but this is still pretty bad.
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mm1983
Member
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posted September 13, 2010 08:58 AM
Paypal seems to be the most convenient and easiest method of payment. On Ebay, the seller pays the 4% paypal fee and can't pass it down to the buyer unless they simply just charge more for shipping which is not always the best option if your item is on bid. Sellers on MOTL can pass the paypal fee to the buyer but paypal only sees it as the seller paying the paypal fee.
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MTDetermine
Member
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posted September 13, 2010 09:27 AM
quote:
Originally posted by Hooskdaddy:
So I got an email from Paypal saying that personal payments used to pay for merchandise were not allowed and if I continued doing so after September 26th it would be revoked and ALL my payments would incur fees. SO my question is where do we go from here? Do we start taking the 4% for ALL Paypal payments? I doubt Im the only one who has gotten such an email as I do very little business with personal payments. Chime in with suggestions.
That is why you need the buyers to stop putting in anything that suggests the payment is a purchase of goods/services!
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davef139
Member
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posted September 13, 2010 12:22 PM
Technically adding the 4% to any transaction is violation and you can loose your account that way or in the event of a chargeback against you, its an automatic loss.
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Pippincro
Banned
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posted September 13, 2010 02:14 PM
What do you guys think about moneybookers?I've used this option for both money sending (purchase) and receiving and it worked great on numerous occasions, though I'm not really familiar with their stance towards online goods/ebay sales. Too bad its not used more, as a viable alternative to Paypal. Paypal is good, but there is one serious problem connected to it with certain countries. For example, in Croatia (my country) - you can send money through paypal, but you can't receive it (you can just get refunded if you do chargeback). With moneybookers, there's no such problem and transactions work flawlessly both ways...
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airwalk
Member
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posted September 13, 2010 03:21 PM
I've used Netteller for years for my online poker playing... seems like every poker site uses it, not sure why it's not popular other places.
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I3Iood
Member
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posted September 13, 2010 03:56 PM
quote:
Originally posted by airwalk:
I've used Netteller for years for my online poker playing... seems like every poker site uses it, not sure why it's not popular other places.
Notice that the United States is banned, here is the list from netteller.
Finally, NETELLER classifies the following as 'banned countries', and does not provide any service at all to them. These countries are normally banned either due to their own government legislation, or due to international financial standards. Members who are travelling to these countries may still use their Net+ Prepaid MasterCards®, but will be unable to sign in to their NETELLER accounts while within these borders:American Samoa
Iraq
Serbia
Belarus
Lebanon
Somalia
Burma (Myanmar)
Liberia
Sudan
Congo, Democratic Republic of the
Marshall Islands
Syria
Côte d'Ivoire (Ivory Coast)
North Korea
United States
Eritrea
Northern Mariana Islands
US Minor Outlying Islands
Guam
Palau
Virgin Islands, U.S.
Guinea
Puerto Rico
Zimbabwe
Iran
[Edited 1 times, lastly by I3Iood on September 13, 2010]
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airwalk
Member
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posted September 13, 2010 04:05 PM
That's pretty strange... but interesting none the less. Never knew. Kinda odd to see America on that list with places like Iran, Somalia and North Korea.
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stizkidz
Member
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posted September 13, 2010 04:31 PM
Another reason why I'm glad I stopped using Paypal in 2006.
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caquaa
Member
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posted September 14, 2010 01:16 AM
quote:
Originally posted by airwalk:
I've used Netteller for years for my online poker playing... seems like every poker site uses it, not sure why it's not popular other places.
I'd assume its banned for the reasons you use it. We have stupid laws about using credit cards to pay for online poker. Basically hold 'em became huge, US was pouring money to other countries (tax free), government wants a piece of the action so puts a stop to this. Most places play nice and won't let you use them for poker or the ones that can be used for poker can't be used in the US.
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Tha Gunslinga
Moderator
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posted September 14, 2010 08:23 AM
It was just a bunch of Republican morality crap, from what I understand. Should be reversed fairly soon (few years at most) as the gov't searches for more revenue.__________________
Ebay problems?
File a claim, leave a neg, buy on MOTL.
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slurpee
Member
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posted September 14, 2010 10:32 AM
anyone else heard paypal and ebay start reporting to the irs next year?
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CubFan81
Member
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posted September 14, 2010 11:24 AM
quote:
Originally posted by slurpee:
anyone else heard paypal and ebay start reporting to the irs next year?
I read something about that a while back but it only applies if you're over $20,000 or conduct more than 200 transactions a year. Probably no big deal for most of us, though that transaction count seems pretty low for small businesses who do multiple small transactions instead of fewer large ones.
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iccarus
Member
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posted September 14, 2010 11:32 AM
quote:
Originally posted by CubFan81:
I read something about that a while back but it only applies if you're over $20,000 or conduct more than 200 transactions a year.Probably no big deal for most of us, though that transaction count seems pretty low for small businesses who do multiple small transactions instead of fewer large ones.
There's a massive amount of people who fall between 20k and 200 transactions a year. I'm pretty sure I hit 200 a year, between ebay and MOTL stuff. None of those are very large either. __________________
Wisconsin - smells like dairy air!
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dwiz
Member
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posted September 14, 2010 01:58 PM
quote:
Originally posted by iccarus:
There's a massive amount of people who fall between 20k and 200 transactions a year. I'm pretty sure I hit 200 a year, between ebay and MOTL stuff. None of those are very large either.
It's $20,000 AND 200 transactions. Not one or the other.
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