DeathRat Posted April 3, 2003 Share Posted April 3, 2003 Is there a way to add a 3% Fee charge to all Pay Pal orders only? -- Alan Ralston GM Partsman for a Pontiac Dealership Administrator/Founder of Bonneville Attitude Bonneville Attitude Owner of Pure Performance Fever (A Division Of Bonneville Attitude.Com) Link to comment Share on other sites More sharing options...
rseigel Posted April 3, 2003 Share Posted April 3, 2003 That would be against PayPal's terms and would get your account nuked if they caught you. Still want to do it? :shock: Link to comment Share on other sites More sharing options...
DeathRat Posted April 3, 2003 Author Share Posted April 3, 2003 That would be against PayPal's terms and would get your account nuked if they caught you. Still want to do it? :shock: So if I chose to use Pay Pal as a form of payment, I have to take a 3% loss of profit then or loose my "Pay Pal" account? -- Alan Ralston GM Partsman for a Pontiac Dealership Administrator/Founder of Bonneville Attitude Bonneville Attitude Owner of Pure Performance Fever (A Division Of Bonneville Attitude.Com) Link to comment Share on other sites More sharing options...
rseigel Posted April 3, 2003 Share Posted April 3, 2003 That's correct. :D It's called the cost of doing business. Welcome to the real world. :wink: Link to comment Share on other sites More sharing options...
burt Posted April 3, 2003 Share Posted April 3, 2003 That would be against PayPal's terms and would get your account nuked if they caught you. Still want to do it? :shock: Unless you are a UK national, and then it is 100% legal, and Paypal can do zero about it. Likewise for all othe other payment processors :) Link to comment Share on other sites More sharing options...
DeathRat Posted April 3, 2003 Author Share Posted April 3, 2003 That's correct. :D It's called the cost of doing business. Welcome to the real world. :wink: Well kinda sucks then..... :cry: -- Alan Ralston GM Partsman for a Pontiac Dealership Administrator/Founder of Bonneville Attitude Bonneville Attitude Owner of Pure Performance Fever (A Division Of Bonneville Attitude.Com) Link to comment Share on other sites More sharing options...
Guest Posted April 3, 2003 Share Posted April 3, 2003 Why does it suck ?? Real business who takes mastercard and visa at there physical store,pay a 3% fee ( use to be 3% maybe more today) to those company ! Regards The_Bear Link to comment Share on other sites More sharing options...
Guest Posted April 4, 2003 Share Posted April 4, 2003 Your prices should include a markup of 3.1% as it is part of the cost of the product. If the product sells for $100 then PayPal will take $3 so you will receive $97. Therefore you need to markup the price about 0.031 or 1.031 to break even on the transaction fee from PayPal. 3divided by 97= 3.09% Thomas Link to comment Share on other sites More sharing options...
grassmole Posted April 4, 2003 Share Posted April 4, 2003 Mark up all your prices and give discounts on other forms of payment. Link to comment Share on other sites More sharing options...
xGrendel Posted April 6, 2003 Share Posted April 6, 2003 Someone with the time could make a contribution that would calculate the fees for a purchase through ANY payment gateway and add it as the handling fee. It is ok with PayPal to pass an additional fee through a handling fee to cover your expenses Just marking up your prices is the BEST method. Why would you want to penalize your customers for their choice of payment method???? Link to comment Share on other sites More sharing options...
rseigel Posted April 6, 2003 Share Posted April 6, 2003 Visa/Mastercard regulations require that you charge exactly the same price for an item no matter how the customer is paying (which is why offering a discount for other payment methods wouldn't work either). Link to comment Share on other sites More sharing options...
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