Well it depends on your needs...
If you are looking to increase sales on e*ay then it is almost essential for
getting the best prices. About a year and half ago I transitioned from
postal payments preferred to Paypal preferred. The final straw for me was a
week when I decided to see if not accepting Paypal made a difference in
selling price. I found it did, to the tune of prices about 20% down from the
typical selling price for the items. I will note that they were common items
and not rarities which I think are less affected by whether the seller
offers Paypal. Of course Paypal is only one part of successful e*ay selling.
I have found that playing within the Paypal protection policy rules is a
must and as a result I have not had any problem buyers myself. For me this
means only shipping to confirmed addresses and only accepting Paypal in the
US. It is true that some Canadian and UK buyers can have confirmed addresses
but not all at the present time. Added to which Paypal does not allow US
accounts to filter incoming international payments to auto reject non
confirmed addresses (which it does allow for US originating payments). I
always ship using USPS delivery confirmation or better UPS and add signature
on delivery for items over $250 (this is a Paypal seller protection policy
requirement BTW).
If you are looking to add Paypal as an option to a website then hire a web
designer to implement it that has experience with Paypal. Paypal are now
offering some serious backend options for website payments. Alternatively
you could look at turnkey third party shopping card providers who offer
Paypal as well as other merchant services. I believe that the protection
policies are different for this type of Paypal implementation so you would
do best to consult their site for that information. My wife did a simple
Paypal cart system a couple of years back which now looks positively stone
age.
I assume that in your case you would probably be looking to offer Paypal as
an option on the payments for repairs? In that case I would consider
offering it to known regulars internationally and rolling it out as option
for US customers would seem to the best way to go about starting it. See how
popular it is and go from there.
As far as the fees for incoming payments it depends on your volume (assuming
you are registering as a business). For up to $3000 of monthly volume the
fee is 2.9% plus $0.30 per transaction. So on your $500 payment you would be
paying $14.80.
HTH, Dan S.
> -----Original Message-----
> From: olympus-owner@xxxxxxxxxx
> [mailto:olympus-owner@xxxxxxxxxx] On Behalf Of John Hermanson
> Subject: [OM] Re: paypal
>
>
> What's the consensus on paypal? Have they cleaned up their
> act? If, for instance, I sell an item for $500 and accept
> paypal payment, how much of a fee do they take out of the
> payment? I'm thinking of signing up, but still have reservations.
>
> ___________________________________
> John Hermanson
> Camtech Photo Services, Inc.
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