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Old 08-09-2004, 02:54 PM
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Default Another PayPal Horror Story- Please Read

Posted By: jay behrens

The big reason most sellers use it is becuase their merchant is rate is far cheaper than anything you can get from your local bank. Add to that a 1.5% rebate when you use their debit card and you are looking at about 1% vig on your sale via credit cards. I know my bank can't touch that.

The only thing you can really do as a seller is go thru your local bank and pay a larger vig, or do everything possible to protect yourself from the few scumbags out there and keep taking PayPal.

Jay

I like to sit outside, drink beer and yell at people. If I did this at home I would be arrested, so I go to baseball games and fit right in.

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