The new fees are basically going from 2.9 to 3.49%, which is a whopping 20% increase, not counting the increase per transaction from $0.30 to $0.49. In my case, the total fee for a $49 transaction goes from $1.72 to $2.20 - a 28% increase. How can they justify this? I am still smarting. PayPal transactions have gone up for them sharply, their YTD revenue is WAY up, so they are taking money from my pocket? I am probably going to take the PayPal option off my webstore. A Stripe credit card transaction now costs me LESS.
... View more