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Payment Processor 

Major Paypal Policy Changes (more Fees on the way)

Looking forward to the day that Paypal files for bankruptcy.
Nowadays? I'm just here for the nostalgia.
This is game changing. A lot of sellers will move from paypal to something else.
Contact Me: Discord: NixA#4919 | Telegram: @NixAAAA
(Oct 9, 2020 08:26 AM)UnoOne Wrote:  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...icies-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."

that just sounds like a scam. They can take my money if I don't login once in a whole year?
(Oct 9, 2020 04:36 PM)slaugtherman64bites Wrote:  that just sounds like a scam. They can take my money if I don't login once in a whole year?

Lmao, what does that even have to do with dispute fees...
Your money is safe even if you're afk for 5 years. It's like a digital wallet.
My PayPal got banned a year ago and even though I used PayPal for pretty much business related reasons, I still hated the whole holding process with it being released for 28 days + other fees that didn’t make sense.

I’m actually not surprise that they’re adding new fees dispite the whole e-commerce phase rising do to the pandemic. It’s a rip off.
I Do Not Deal Without Contract! PM Me BEFORE Dealing to validate its my contact info. You’ve been warned
PayPal is becoming trashier by the day, and I really hope a new e-payment company / digital wallet overtakes them soon

Also, its always good to read the TOS of any company or website you are signing up on no matter how long it is.


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