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#16
04-07-2010, 09:39 PM
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Call it fraudulent or a bending of the rules, but when you can transfer $1 million at a bank for a $30-45 wire fee, and paypal charges that same amount for a $1000-1500 transfer, then there should be a cap. The 3% fee I also don't mind paying when they are offering buyer or seller protection. But when a fellow board member and I have an agreement on a card, and we're not using their parent company eBay's services, and neither of us are offered any customer protectionir services other than the transfer of money, then I don't mind circumventing the system. eBay and Paypal have hiked up their fees, and as eBay sellers flee en masse, they continue to hike up fees to make up for it. Not good business.
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