Unfair paypal fees

[cathym]

How many other pay pal users are fed up with the outrageous fees paid by the buyer and seller to pay pal?

Please let me know.

I would like to start a movement to ask paypal to lower its fees or look for another bank that would love to have our business for a lot less.

Reason: I sold a jacket for 125.00. Pay Pal charged my customer 9 dollars and charge me 3.93. That is 12.93.

That equates to 12.5 percent. Its is like getting the same amount everyday that a Wall Street CEO gets a year for a bonus.

Dosen't anyone else think this is outrageous?

Its as bad as the fees that banks/credit card co. collect that makes the interest rate your actually paying more than a pawn shop or worse.

Please let me know if you are sick of it.

Thank you

shevykatatyahoodotcom

[sukmukdik007]

You can use online escrow services; but even with paypal it has risks of losing money. Me if item is cheap price I send the money certified mail with receipt. This is proof they got the money if they decide to rip you off. I had a pawnshop that sold and still does in an online auction site. Won the item for a grand and sent him $500.00 payment. Rest when he came to my town for a pawnbrokers convention. Needless to say he didn't show up and tried to **bleep** me. Filed a police report they sent it to his town and they went banging on his door for felony intrastate wire fraud - one felony count each time a state line was crossed. He sent the money back and went to jail.

Paypal and Ebay ARE THE SAME COMPANY. If your eBay account is terminated or blocked and you sent money before this happened; YOU ARE BLOCKED FROM FILING A CLAIM... So WTF I filed a chargeback and got a user violation notice from you know who... Thing is THEY ARE THE ONE WHO VIOLATED THE AGREEMENT BY BLOCKING ME FROM CONTACTING THIS SELLER WHO WAS PAID WEEKS AGO AND I HAVE NOTHING... THEY have caused me FINANCIAL LOSS by their DIRECT ACTIONS... My Bank agreed..

Here are some information links:

http://www.nclnet.org/shoppingonline/escrowtips.htm

http://news.cnet.com/Few-in-online-auctions-use-escrow-services/2100-1017_3-238838.html

[tomnchoctaw]

This not only sounds very unfair but think about this ebay owns pay pal. Add what you've already paid ebay and see what the percentage is.