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I run a "small" business (designing and producing race parts and accessories) and only accept Paypal at a rate of $5k /week and never had a problem, nor my clients. I sure hate the 3% fee, but it would be similar if accepting credit cards.
Lee |
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Well said, in the early days of ebay/paypal the system worked great because there was an adequate checks and balances system on buyers and sellers. When Meg Whitman came in, I'm pretty sure she tried to mimic Amazon's system of courting 'the mega sellers." She did her best to tip the playing field towards the big guys and I think that strategy worked to increase profits for a while, but now ebay has lost of its core following. As a seller on ebay, I think a lot of the issues have to do with what demographic of people you are normally dealing with. If you are selling used electronics/ video games then it is going to be a lot of young kids buying your products. If you are selling new race parts then it is going to be 35-65 year old high income people. |
I recommend being wary of all large companies. Not just eBay and Paypal, but Amazon, Google, Facebook, even Apple throw some weird shit at times. I've heard multiple horror stories about all of them.
Its ridicilous what they sometimes get away with, but most of the case it goes well though. I haven't had any issues myself personally, but I'm trying to make sure that I always have a plan B. |
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I think the above 2 posters must have been high when posting. :offtopic: |
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