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---- Paypal has new fee structure (August 6, 2004)


caine - 9:09 am on Jun 16, 2004 (gmt 0)


just double checked the 1.215% is incorrect. (scared you all - no didn't have the paperwork to hand)

the rates are as follows:

Mastercard 1.560 %
Visa 1.560 %
AmEx 2.95 %
Debit Cards 0.2250 GBP per transaction (22 pence)

also a £15.00 a quarter rental

Thats it folks - so from my end - paypal is a more expensive option regardless of whatever level of business we are doing. Until Paypal can seriously compete with the above rates, its not in my companies interests to pursue it, also customers have problems (unfounded) with using the system still. Don't read into this wrong - i don't have any problems with using the system.

These are British rates, also we have had this account for several years and phone every year to hassle on their rates - lets put it this way it will be going down next year!


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