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I think their pricing is too high. 5 percent plus 5 cents for purchases under $12. An item priced 50ct (used as example in their screenshot), that'd be 15%. Qui
by JCB_K 16y ago
I think their pricing is too high. 5 percent plus 5 cents for purchases under $12. An item priced 50ct (used as example in their screenshot), that'd be 15%. Quite a lot.
- noonespecial 16y agoWhen I first started in ecommerce, it took us a year to get anyone to allow us to take credit cards, the rate was 28% when it was all said and done, and minimum transaction fees just clobbered us on any purchase less than $10 or so. 15% is fan-frikkin-tastic if its really as easy as they are making it out to be. Then again, it is paypal, so once I've collected about $1000 or so, I'd expect it to be frozen for no good reason until 2014...
- JCB_K 16y agoI do some e-commerce (secondary to our core business) and the fee usually works out at about 5%...
- Kilimanjaro 16y agoThey should drop the 5cts and take 5% only for purchases less than a dollar. Use that as good PR to spread use of micropayments for purchases under a dollar, which is in reality what a micropayment is.