PayPal management has failed
frankni
Contributor
Options
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Posted on
Nov-04-2022
07:54 AM
I have been using PayPal for almost 20 years to power and process my recurring subscription website. PayPal has kept raised the processing fee. Does this help PayPal stock? No, PayPal stock has crashed many time because PayPal continues to raise it fee. I have switched credit processing to Stripe and many others do the same. PayPal is going to continue to lose its customers if you don’t reduce the fee. I have even considered to disable my customers to use their PayPal account to do purchases, and force my customers to use credit card, which is then processed by Stripe at much less fee. PayPal, you have competitors, your stock will go to $30 if you don’t return your over charge.
Labels:
- Labels:
-
Recurring Payments
-
Transaction Fees
2 REPLIES 2
mlouherrera
Member
Options
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Nov-04-2022
07:59 AM
In every situation I had open a Dispute, Paypal alway takes the sellers silde. You as a customer have to make a choice of staying or leaving. I choose to leave, it's better to just use your credit card and get better service.
frankni
Contributor
Options
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Nov-04-2022
08:08 AM
My next movement is to cancel all my existing recurring payment customers under PayPal, and re-create them so they will be processed by Stripe at much less fee. Greed doesn’t pay.
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
Related Content
- Payment On hold in Transactions Archives
- Business account money transfer to linked bank account issue in Transactions Archives
- My account was restricted permanently. in Security and Fraud Archives
- Will Debt Management Plan affect my ability to use PP for buying & selling? in Products & Services Archives
- Payment made but money not taken from my account in Transactions Archives