BestOnlineBid.com
What is the best online auction payment service (secure, reliable, hassle free & the least ridiculous fees)?
PayPal apparently now REQUIRES Sellers, who use them, to accept all payment types from any Buyers who use PayPal. They do not allow Sellers to adjust their selling fees to cover additional PayPal fees (for example, on credit card payments, their fees can be nearly 20%, on debits, there IS no fee), or reject these Buyer payment forms that would COST the Seller. I believe that's ridiculous! Minimally, I believe, they should let Sellers determine what forms of payment they are willing to accept. And, I want to know if anyone can suggest good, functional, and convenient alternatives.
Public Comments
- alipay .china best online auction payment service.
- I have been using PayPal since 2002 and it is the best merchant account I have found. I don't know where you got the 20% charge for credit card transactions i just went and double checked the fees:
Premier/Business Account
Receive payments funded by Credit Card, Debit Card or Buyer Credit
1.9% to 2.9% + $0.30 USD*
* If your transaction involves a currency conversion, it will be completed at a retail foreign exchange rate determined by PayPal, which is adjusted regularly based on market conditions. This exchange rate includes a 2.5% spread above the wholesale exchange rate at which PayPal obtains foreign currency, and the spread is retained by PayPal. The specific exchange rate that applies to your multiple currency transaction will be displayed at the time of the transaction.
