Paypal

[arrowhead]

Why would WEBIDZ want to have anything to do with Paypal, Paypal is owned by Ebay, Webidz is supposed to be a free online auction site, with no hidden fees, the seller verification fee is through paypal, why would anyone want to sell there items and increase Ebay profits when they are trying to get away from Ebay through Webidz a alternative auction site. Looks like Ebay is trying to corner the market for free online auctions through paypal. Or they are trying to do research through paypal and offer free sites the ability to accept payments through them at no charge through paypal, so they wont lose customers or eventually go out of business.Why would anyone want to sell on ebay and pay fees when they can get the same for free.The only thing saving Ebay is the feedback and purchase insurance.If free sites could offer the same feedback options and purchase insurance, goodbye EBAY.

[thecraftytazz]

You have other payment options other than paypal to choose from.

Just click on on of the other oness when you making your listings.

I hear google is a good one. Although I've never tryed it myself.

tazz

[katandron1]

My pay-pal is not only linked to this site. Many sellers who have online stores (not just auctions) use pay-pal to receive or make payments. Yes we all know that Ebay has their hand in Pay-Pal. However, I for one do not want my credit/debit card information linked to all the different online payment sources. And each site is different on payment sources that they accept, but one of the major universal ones is Pay-Pal. Kinda like when someone asks about an online auction site, the first one that generally comes to mind is Ebay. I have an online retail store, Pay-Pal is the account that I have to use for it. And I obtained the retail store before I joined Ebay. So yes, Ebay is still getting a small fee, but it is in no way gonna support them in the lifestyle that they have become accustomed to. And it's not a hidden fee, anyone that uses pay-pal knows about the fees that it charges for money exchanges when they sign up for pay-pal.
Does anyone know for sure that Ebay is the one that started pay-pal?? Or do they own some kind of stock in pay-pal?? Since so many different websites (not just auctions) accept it as a payment source, I would think that they only own some stock. Or all of these websites that accept pay-pal as a payment source are sure to feel the hit if and when Ebay controls itself into the ground taking pay-pal with them, and all the world wide consumers are scrambling to find other payment options that they are not currently signed up with.
Sorry to keep editing this but, one more thing to add, I checked into Google, I'm sure its a great payment source, however, They also charge a fee for using their service. I believe it said 2%+.20. So does Ebay own Google also?? All of the online payment sources will charge a fee for using their service. Pay-Pal just happens to be the one for sure that we all know Ebay has a hand in.

[admin]

eBay does own Paypal 100%. I believe they bought them back in 1998, or somewhere around then.

The reason why we offer Paypal is because many buyers and sellers use them. We have other integrated payment gateways for sellers to use as well. Including Google, Authorize.net, 2Checkout, Worldpay, Nochex, Ikobo, Protx, and Moneybookers. So sellers do have a choice. Regarding the cost to use, Paypal is fairly close to other merchant accounts prices. Paypals policies on the other hand, are not very seller friendly.

For our own purposes, we would rather just accept Google. But like I said previously, many people use Paypal. So we offer both for our payment system.

[katandron1]

Admin, Sorry if I sounded a little "testy" this mornin on this post. It clearly shows when you set up your account here all the different payment sources a seller will accept, Both online and offline. But to have someone come in and say (and yes I believe in freedom of speach) how dare Webidz even consider doing this or that with pay-pal knowing that they charge and are associated with Ebay is rediculous. Even more rediculous is the whole "hidden fee" statement. All the fees are clearly listed when signing up for anything, so nothing is hidden. Yes I paid my $5.00 fee to get verified/certified but it was certainly not a hidden fee. And Ebay will not be able to sit on their cushioned thrones for long on Pay-Pal transactions if alot are leaving the auction site. I have and still would consider branching out to Google as that one is the one that I have heard about other than Pay-Pal. As for all the other online forms of payment services, have never heard of them and so naturally I would be leary to sign up with them. And apart from that $5.00 verification fee, I have had to pay nothing else since being with Webidz. Unlike I did with Ebay. So it's the sellers choice what payment form to accept, I know plenty that only accept and pay with USPS Money Orders, as they do not want their banking information ANYWHERE online. My point to the OP was, use whatever online payment source you would like, they will all charge a % for transactions. But to come in and "downgrade" a site for having Pay-Pal as part of the site is (IMHO) rediculous in it's own right.
If you don't like pay-pal, don't use them.
Thanks for listening to me vent.
Now on an upbeat note.............Keep on Keepin on Webidz!!!!!!!!!!
Kat.

[admin]

Kathy,

I did not feel you were "testy", and I actually agree with a lot of what you say. Arrowhead was simply expressing their opinion, which many do in different ways. We do not try to hide any fees, or force anyone to use an eBay owned payment gateway. Arrowheads' statement was their opinion, which is right (for them), as this is evidently how they viewed things. A forum is about a variety of people expressing their opinions and facts. People will not always agree with each other, but it is still nice to see others opinions (even if you think they are wrong). Debates or indifference's do not need to be looked as a bad thing, as many times it is actually educational. At least this is the way I see it...

[Lanascountry]

eGREED bought paypal in July 2002. I have used them since they came on the WWW..
Just easier access for us..would love to try something else though!! :D

[mj-trading]

We would go to Google , but they have a limit on how much you can draw or spend out of your account each month untill you stable a relationship! We sell alot of large items in our stores and auction sites and just 1 of those would put us over the monthly limit to draw it out! How are we suppose to pay the company were we order it if we can only draw so much out in a mounth! Wait a month to get the rest out! Buyer woun't like that! So if Google lifts that restriction we will add them to our payments! As for now we'll stay with Paypal!

[admin]

We would go to Google , but they have a limit on how much you can draw or spend out of your account each month untill you stable a relationship! We sell alot of large items in our stores and auction sites and just 1 of those would put us over the monthly limit to draw it out! How are we suppose to pay the company were we order it if we can only draw so much out in a mounth! Wait a month to get the rest out! Buyer woun't like that! So if Google lifts that restriction we will add them to our payments! As for now we'll stay with Paypal!


I didn't know Google had limitations... What are they set at? They have never limited us, but we only do about 2-4k a month through them right now. We thought about switching over to them... but may have to check into this further.

[mj-trading]

I can't remember for sure what the limit was but i think it was like $500.00 a month then goes up from there when they (GOOGLE) see's your better! Best for you to go on there and look at the terms and payments is were we found it before! That $500 a month would do us no good as we sold a motorcycle yesterday in our main store for $2600.00! The poor buyer would have a long wait for it! LOL!

[unclejunk1]

There is an alturnative to paypal out there, many are listed here with the exception of a new one that is paying $25.00 to sign up. Unlike the others they don't charge the seller a fee to use it. That is big if you sell lower priced items. No credit card is required, just a checking account, also safer than paypal. If you are like me you look for every break you can get. I started in 1998 and remember paypal before ebay bought it - no fees and they paid $10.00 to join then. Now it is all about the fees like ebay. LOOK UP REVOLUTION MONEY EXCHANGE - SIGN UP AND GET $25.00 BEFORE IT STOPS - Give ebay some competetion! tell folks you prefer any service other than Paypal - everytime you use paypal you are working for ebay!!!! I really believe that if you keep your cost down and be honest with your buyers and pass the savings down to them as well you will do well. Call me a dreamer if you like but I see ebay going down. Do the math if you sold an item for $5.00 and paypal charges you .50 to accept payment - that is costing you 10% take away ebays fees and what do you have? Shipping is always going up - you can look it up on the internet and it will still be higher when you get to the post office. You have to cut cost where you can.

[mj-trading]

A monthly payout limit is a restriction on the total amount of earnings you can receive at one time.

When you process transactions through Google Checkout, your payouts are sent to you according to the standard payout schedule. With a monthly payout limit, however, your earnings will be paid to you over a longer period. For example, say you have a monthly payout limit of $500. If your total sales in July equal $600, only $500 will be paid to you in July; the remaining $100 will be carried over to your August payouts.

[unclejunk1]

Just wanted to add just a little more information about paypal. Those that were around when paypal started remember it did not charge a fee to use it. Plus they paid you to open an account like banks have for years. Think about it how can a bank offer you free checking or pay you interest on a checking account? They use your money when it is in your account and make money off of it. The amount of money involved can make them a large amount daily. Greed is the only reason you are charged for transactions at paypal or your local bank. They don't have too - well up until they made bad decisions on bad mortgage loans - their fault not yours! Banking is normally very profitable.

Paypal started charging transaction fees after ebay bought them. Does not matter if ebay owns all the stock or not the fact still remains - after ebay.

I am telling you that you really should look into Revolution Money Exchange - no credit card needed. You do need a checking account for them to draw from and add to. Early fall they are scheduled to launch a new credit card that will set the credit card world on its ear. Just show me one merchant that will not prefer to accept a card that only charges you .05% instead of 2 to 5% to accept and I will show you an idiot. The card will also be safer because it will not have the users name on it. You use a pin number like a debit card. If the card is lost or stolen it is no good without a pin number. Now if you lose a card most any clerk will take it and not even check an ID.

[katandron1]

Thanks Mj for the information. This whole internet thing has so much to learn. Security is always a main issue. Nothing is 100% safe, so to get away from pay-pal a user would have to give out the banking information to yet another site. Not sure I'm ready to do that yet. We all hear horror stories of identification theft. A woman that lives here in Dibble purchases and sells off Ebay (yes I have told her about this site ;) )
and she doesn't have ANY banking information online. She doesn't deal with pay-pal or any other source of online banking. She strictly accepts and sends USPS money orders. Even those are not 100% safe but at least you can take those to the post office and know immediately if they are fraud money orders. So in order to get away from pay-pal and accept other forms of payment you would have to give information out. Let's see,,,,,,identity theft greater the more your information is out there vs. pay-pal getting their .50 off of a $5.00 sale. Figure it up....Ebay makes millions not just on the fees that they charge through pay-pal. If sellers are not on the site selling, Ebay cannot collect listing fees and fvf. Those charges (at this time) far outweight the fees you pay in pay-pal. It will most certainly hurt their pocketbooks. What to be looking for will be when the pay-pal fees start to rise because of the loss of business on the site itself. Time to bail at that point and in the meantime do some investigating on other sources of payment.
The price of shipping will go up as the price of gas goes up. Don't know about you guys but I drive a full size truck. Anytime I leave this community there goes at least a $20.00 bill. I believe that online shopping will become more and more popular due to that point. Even using UPS/FedEx/DHL if I can get an item sent to me from online for say around $10.00 in shipping then I have saved money and I don't have to fight the crowds in stores or the mall. And when I can purchase multiple items with combined shipping, that's even better.

[mj-trading]

Like you said the money orders and cashier checks can be bad too! We have over $7500.00 in BAD ones in the last 3 years sitting on the shelf here! They are USPS, Company Checks, The ones Walmart does too! Some came by mail and others came on UPS & Fedex! Everytime we get a money order or cashier check we call the Financel place were it is from to see if there good!
Another thing we do for Canada orders is except paypal only as the banks are holding the funds from Canada money orders and cashier checks till they clear now! Depending on the size of it, it could take 1 to 8 weeks to clear! The bigger it is the longer it takes! They told me that this is a policy now for Home Security Act!
So if Google lifts there limits and supply a Dept Card like paypal (we use the card alot to pay our suppliers and we get 1% cash back) We will add GOOGLE to our payment system!