Introducing PayPal Micropayments

October 20th, 2008 admin

Good news for sellers who sell low cost items on eBay (typically, $10 and below). PayPal has launched a special pricing solution called Micropayments that can save you money if you regularly accept payments with small total dollar amounts. The Micropayments account pricing is 5% plus 5 cents per transaction (for USD accounts). Compared with our usual 2.9% plus 30 cents, micropayments pricing will cost you less if the total transaction amount is under $12. You can only either have micropayments or “regular” pricing on any given single PayPal account, so PayPal suggests maintaining two accounts if you’re a seller of low cost items who also sometimes has higher dollar amount transactions – one account that is setup with micropayments pricing, and one with the…


Originally posted on eBayChatter

 
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