PayPal making changes
Looks like PayPal is going to start charging more for their service. ( Just a small example of the changes)
We are changing the standard transaction fee for sellers selling goods or services online to buyers outside the U.S. from 3.9% to 4.4% plus the existing fixed fee based on the currency.
We are changing the standard transaction fee for in store transactions received from buyers outside the U.S. from 3.7% to 4.2%.
We are removing the tier based fees we charge to nonprofits who receive payments from senders outside the U.S. and are charging a flat rate of 3.7% plus the existing fixed fee based on the currency for all such transactions.
We are changing the micropayment fees for in store transactions received from buyers outside the U.S. from 6.0% to 6.5% plus the existing fixed fee based on the currency.
We are clarifying that we will assess the $20.00 chargeback processing fee for sellers who win a chargeback but are not eligible for Seller Protection.
We are adding the ability to create a negative balance in your PayPal account when we reverse a payment to cover eBay buyer protection claims that the seller loses.
We are updating the basic requirements for Seller Protection by requiring that you must respond to PayPal’s request for documentation and other information in a timely manner or you will not be eligible for Seller Protection.
There is a ton of other stuff that may or may not effect you ?
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