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[Payment Processor] Major Paypal Policy Changes (more Fees on the way) - Printable Version

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+---- Thread: [Payment Processor] Major Paypal Policy Changes (more Fees on the way) (/showthread.php?tid=6114763)

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Major Paypal Policy Changes (more Fees on the way) - UnoOne - Oct 9, 2020

Paypal is making major changes ,effective November 6, 2020 for US and Canada. December 16 for Europe

https://www.paypal.com/ca/webapps/mpp/ua/upcoming-policies-full

buried in the text is

Dispute Fee :

Every time a buyer files a dispute, the seller gets charged a flat rate

[Image: 7306609_original.jpg]


Currency Conversion Fee

Paypal is quietly raising currency conversion to 3.5%

Inactivity Fee

"If your PayPal account is inactive for at least 12 consecutive months, we may charge an annual inactivity fee. Inactive means that you have not logged into your PayPal account or otherwise used your PayPal account to send, receive or withdraw money."

RE: Major Paypal Policy Changes (more Fees on the way) - Agent Shark - Oct 9, 2020

Maybe I am crazy but doesnt this seem to not apply the United States?

RE: Major Paypal Policy Changes (more Fees on the way) - -PUBG- - Oct 9, 2020

Code
We are updating the PayPal agreements listed below for all PayPal users in Canada. The changes described below will go into effect on November 6, 2020
Doesn't say USA from what I'm seeing.

RE: Major Paypal Policy Changes (more Fees on the way) - Mark Ronson - Oct 9, 2020

Still waiting for Gaypal to implode honestly. They are using their monopolistic position to impose this new BS. Wonder how much this will still last. Their service isn't unique anymore or anything. It's a fucking payment processor like hundreds others.

RE: Major Paypal Policy Changes (more Fees on the way) - Corleone™ - Oct 9, 2020

(Oct 9, 2020 08:47 AM)Epic™ Wrote:  
Code
We are updating the PayPal agreements listed below for all PayPal users in Canada. The changes described below will go into effect on November 6, 2020
Doesn't say USA from what I'm seeing.

The rule only applies to 'CANADA'. I checked details, nowhere it says 'USA'

RE: Major Paypal Policy Changes (more Fees on the way) - -PUBG- - Oct 9, 2020

(Oct 9, 2020 09:00 AM)Corleone™ Wrote:  The rule only applies to 'CANADA'. I checked details, nowhere it says 'USA'

Just goes to show how petty and messed up paypal is, I am guessing since CA does not need verified to accept money (Or that is how it used to be) they get a LOT more charge backs and scammed accounts made, So that's probably why they implemented this.

RE: Major Paypal Policy Changes (more Fees on the way) - Laughing Man - Oct 9, 2020

This simply makes it so countries that don't do verification with get punished more for it because in many other countries charge-backs against each other are rampant.

RE: Major Paypal Policy Changes (more Fees on the way) - AmineB - Oct 9, 2020

I think this is not In USA but for Canada

RE: Major Paypal Policy Changes (more Fees on the way) - UnoOne - Oct 9, 2020

(Oct 9, 2020 08:41 AM)Agent Shark Wrote:  Maybe I am crazy but doesnt this seem to  not apply the United States?

I accessed from Canadian account and it refers to Canadian users
But I think it is same for USA

RE: Major Paypal Policy Changes (more Fees on the way) - VisualSoft - Oct 9, 2020

What about that Dispute Fee :
Will it be charged from both sides or only the buyer or seller?

RE: Major Paypal Policy Changes (more Fees on the way) - Cyam - Oct 9, 2020

(Oct 9, 2020 11:54 AM)VisualSoft Wrote:  What about that  Dispute Fee :
Will it be charged from both sides or only the buyer or seller?

"Every time a buyer files a dispute, the seller gets charged a flat rate"

Only seller.

This is outrageous lmao

RE: Major Paypal Policy Changes (more Fees on the way) - VisualSoft - Oct 9, 2020

(Oct 9, 2020 03:03 PM)Cyam Wrote:  "Every time a buyer files a dispute, the seller gets charged a flat rate"

Only seller.

This is outrageous lmao

this will make seller move to other platform.
thats insane.

RE: Major Paypal Policy Changes (more Fees on the way) - 123 - Oct 9, 2020

I stopped using Gaypal around a year ago. Best decision indeed.

RE: Major Paypal Policy Changes (more Fees on the way) - ✔ Soufian ✔ - Oct 9, 2020

I'm not worried at all. Using my method to win every chargeback for years now, won every single of them. Even unauthorized.

However, before my method I was annoyed as f*ck by them. Constantly charging me $20 USD EVEN AFTER I LOST THE CHARGEBACK.
So losing my product, the money the customer paid AND an additionional damn fee.
This is true monopoly.

RE: Major Paypal Policy Changes (more Fees on the way) - PsyDovah - Oct 9, 2020

Gaypal is fucking trash, wish people stopped using it tbh.