Forum Moderators: buckworks

Message Too Old, No Replies

Paypal annouces new pricing today

just got skyped from someone in a dev session

         

pontifex

7:47 pm on Nov 3, 2009 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I just got a quick skype note from a friend, who sits at the paypal dev conf "innovate 09" in san francisco at the moment: paypal will change prices for transactions soon...

as I know them: without prior notice :->

word is: at least 0.50 per transaction plus 0.75% (which is kind of cheap compared to 2.2%)... that is not yet confirmed!

P!

PS: found the first news posting also... [reuters.com...]


New Pricing for Services Payments

Starting in Q2 2010, PayPal will offer pricing for developers building
applications in markets that are traditionally served by cash and checks, such
as rent, consulting businesses or payroll. The introductory pricing is:

* A flat fee of 50 cents for service transactions funded by a bank account or
PayPal account balance, with a three-day settlement period; or
* A 0.75 percent fee for service transactions funded by a bank account or PayPal
account balance, with instant settlement.

With the introductory services pricing, PayPal now offers a comprehensive
pricing package for developers. This includes PayPal`s tiered e-commerce pricing
of 1.9 - 2.9 percent plus 30 cents; and PayPal`s micropayments pricing of 5
percent plus 5 cents, ideal for transactions under $10. In addition, PayPal will
soon extend its free P2P pricing to developer applications.

LifeinAsia

8:37 pm on Nov 3, 2009 (gmt 0)

WebmasterWorld Administrator 10+ Year Member Top Contributors Of The Month



rent, consulting businesses or payroll

I love it- PayPal is "reaching out" to payments for services that are NOT covered by their (worthless) Seller Protection program.