The PayPal Advantage I Would Like to See

[Farmer-Jim]

I would like to see PayPal give us a Reduction on the fees they Charge on Good Customers like us when we reach the Advantage Reward. Like the transaction fee waived or a Reduction from 2.9% to 1.9% - It seems as we have well paid for our upkeep if we have done this much business through PayPal.

What do you say PayPal?

Thanks,

Farmer Jim

Lighthouse Food Farm - A Nonprofit Organization

http://www.jimbonham.com/

Survival 2.0 - Be a Survivor

[minnichsmetals]

Hey Jim how are ya?  My name is Bob, I am a small business owner (Minnichs Metals) (www.MinnichsMetals.com www.YourChallengeCoin.com), and I had the same questions about this program, until I realized it is for people who spend money, not the people who bring it in....  This "advantage" program is actually only for being a high volume buyer, not seller...  You have to SPEND $5k or more a year, and your automatically invited into the program...  For sellers like us (which Im assuming you are since buyers dont pay fees), Paypal and Ebay do offer SOME discounts, based on performance, and so on...

The lower fees are based on monthly income for paypal.   Once you hit the threshold, you simply need to apply to paypal, and request to begin being charged the "Merchant fees".  Once you are approved (which is immediately if you meet the monthly income requirement), you must maintain the intake of funds monthly, if you dont, you go back up to the normal fee rate, but then you are re evaluated again the next month, and will automatically go down again if you meet the requirements (no need to re apply).  I have been in a lower tier (2.5% + .30) due to the money we bring in every month for a few months now, and although it's not a huge decrease, you can definitely see the difference (especially with large payments).  They also have a program for ebay sellers who bring in a high volume of sales of $10 or less, its some sort of flat rate program, that really benefits some people (not us though..).  Work towards these goals, and then apply, if their gonna offer some relief on the fees, why not take it right!?  As for Ebay, if you maintain "Top Rated Seller" status, as I do (ebay name RandomSales22), you will receive 20% off of your entire invoice at the end of each month, which is a HUGE savings!  To be Top Rated on Ebay, you must be invited by Ebay, and you will only be invited if you bring in AND maintain (I believe) $3k per month, have like 99.8% positive feedback, and have less then two 1 or 2 star ratings for the year.  As soon as any of these are not met, your out of the program...  These are discounts that us as sellers have to earn, and have to maintain..  Please dont think Im totally happy with, or condone the super high fees, but I will say, if there is an opportunity to save money, it's better then nothing!  I hope I've been able to help a little bit, if so, please feel free to click the thumbs up below, thanks!  PS. Below are the discounted fees, and thresholds you have to meet for the merchant rates.  Thanks,

Bob

https://www.paypal.com/us/cgi-bin/webscr?cmd=_fees​-rate-about-outside&bn_r=m

Purchase payments received (monthly)	Fee per transaction
$0.00 USD - $3,000.00 USD	2.9% + $0.30 USD
$3,000.01 USD - $10,000.00 USD	2.5% + $0.30 USD
$10,000.01 USD - $100,000.00 USD	2.2% + $0.30 USD
> $100,000.00 USD	1.9% + $0.30 USD