OT question about paypal and fees

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Posted By: Chris

I for one prefer to pay with Paypal for the convienence. Much easier than writing a check and addressing an envelope. As far as fees, sellers are charged for each transaction whether it is by bank transfer or e-check unless you have a personal account and those have limits on how much you can receive. Otherwise you will be charged. I think accepting Paypal is well worth it to a seller. It is very convienent for both buyer and seller, and in most cases the buyer does get their item quicker. Besides, most sellers make a little on shipping anyway and I would say the few times you do get chargebacks from Paypal have more than been covered in excess shipping charges for most sellers. You have to think of it as a cost of doing business. Big corporations like Wal-Mart and others have to pay credit card fees as well, butit is a convienence for their customers and a cost of business to them. Like David, I almost never bid with the people that only accept money orders and have passed on items where people did not accept Paypal.