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PayPal Increasing Rates

Website Payments Pro and Virtual Terminal

         

pageoneresults

3:28 am on Jul 20, 2007 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



Effective September 1, 2007
  • The monthly service price for Website Payments Pro and Virtual Terminal will increase from $20 to $30 per month.

  • Transaction prices will remain at $0.30 per captured transaction, but a $0.30 fee will now also be assessed on all successful authorizations that have not been captured within 29 days.

  • Virtual Terminal transactions will cost between 2.4% and 3.1% depending on your processing volume.

sun818

3:56 pm on Jul 21, 2007 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



It was a matter of time since Paypal is providing the same rate regardless of the card being used. I'm sure the Discover and AmEx rates was not helping their bottom line. Paypal can keep their rates the same for their main service since there is only a one-time fee of adding to your Paypal balance via credit card. Then any time you pay someone else from your Paypal balance it's all profit for Paypal.

apauto

10:01 pm on Jul 21, 2007 (gmt 0)

10+ Year Member



Rates will never stop going up.

JohnRoy

11:38 pm on Jul 22, 2007 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



For the time being until Dec 31 07 there's google checkout trying to set base and charging $0.00