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since ‎Jun-30-2021
Country: United States
Type: Personal
OuchFeeIncrease
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Anyone understand why PayPal is incentivizing merc...

by OuchFeeIncrease in PayPal Basics Archives
‎Jun-30-2021 01:33 PM
‎Jun-30-2021 01:33 PM
Have you seen the new fee structure for the U.S.? It is hard enough to get people to accept PayPal and now they're greatly increasing the fees. Before, I could argue that the fees were about the same as accepting credit cards. That won't be true anymore. I often have to offer to cover the fees to get people to accept it now. These higher fees could result in places I regularly shop deciding to stop accepting PayPal. Does anyone have a theory on why they would want to incentivize merchants to stop accepting PayPal? See New U.S. Fee Structure https://www.paypal.com/us/business/business-rates and the FAQ about the change at https://www.paypal.com/us/smarthelp/article/what-are-we-changing-for-merchants-in-the-us-faq4503. ... View more
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