Updated:06:14 PM EDT Oct 20


this is ggmania.com subsite PayPal's New Refund Policy Sticks It To Sellers With Fees - TechAmok

TOP STORIES

HEADLINES

Greta Thunberg sings Swedish Death Metal
2 Hands 2 Drawings at the same Time - DP Truong
Naruto Running in Area 51
App vs website
Experiment: Coca Cola and Mentos Under Water
Wi-Fi 6 Launches Today As 802.11ax
How Close Are We to Immortality?
20 MOST EMBARRASSING MOMENTS IN SPORTS
7 Best Xbox Emulators For Your PC
Kodi 18.4 released
The Rise And Fall Of The Headphone Jack
Windows 10 20H1 major improvements revealed
Slipknot - Gun Cover!
10-Second Video Of A Mom Embarrassing Her Daughter
Lock Picker Bypasses Popular Security System With $2 Device
NVIDIA Issues Warning to Upgrade Drivers Due to Security Patches
20 Awesome Tricks with WD-40
Slipknot - Solway Firth [OFFICIAL VIDEO]

Microsoft Pushes Intel 'Haswell' Microcode Update to Harden
This 'Invisibility Cloak' Technology Is Mind-Boggling
Tourist In Iceland Ignores "Don't Walk On The Ice" Signs
Windows 10 v1903 and 1909 CPU requirements
Intel Could Unveil First Discrete 10 nm GPUs in mid-2020
Get Observer and Alan Wake's American Nightmare for free
Patrick Day: Boxer dies in hospital four days after suffering brain
No shots Dr. Vet man! I am fierce! Ok, one shot... But I didn't
THE ROOM Official Trailer (2019) Olga Kurylenko, Mystery, Sci-Fi
PCI-Express Gen 6.0 Specification to Finalize by 2021
Data for a whopping 26M stolen payment cards leaked in hack of fraud
BLONDE GIRL HILARIOUS ROLLER COASTER REACTION!!
Sexpot Survey: Those Blonde Bombshells Of The '50s & '60s
Bombshell Trailer #1 (2019)
Frozen II International Trailer #1 (2019)
Streaming Game Services Launching
Google Pixel 4 Uses RADAR to Read Hand Gestures
You can now play 2500 MS-DOS games in your browser for free

PayPal's New Refund Policy Sticks It To Sellers With Fees - [briefly]
03:52 PM EDT - Apr,04 2019 - post a comment

Starting on May 7, 2019, when a seller issues a partial or full refund to a buyer or refunds a donation to a donor the fees originally paid as the seller are no longer returned. PayPal notes that there is still no fee to make a refund. Word of the refund policy change surfaced on Ecommercebytes, and the comments on the announcement are far from happy. Many sellers using PayPal on eBay mention that buyers routinely order something, only to change their mind and ask for a refund immediately. Under the new program, PayPal will keep the fees it charged for the deal costing sellers money for the buyer making a decision outside their control.
Imagine you're a seller on eBay. You offer 30 day returns. Your buyer purchases a camera for $1000. They pay with PayPal. An hour later, they write and say "I changed my mind, please cancel this order. If you don't, I'll just return unopened when I get it, so save yourself the shipping." So you have to refund. And you just lost $29.
Many of the comments are also talking about closing PayPal accounts and moving to the new eBay payment system as soon as it launches. eBay announced in early 2018 that it would slowly start to replace PayPal as its default payment system with a service called Adyen based in Amsterdam. Sellers on eBay are complaining vocally noting that if you sell higher priced items on eBay, the fees charged can be costly.

PayPal is also changing how it charges for sending money to friends and family members with PayPal accounts outside the States. The fee is now 5% of the amount sent with a minimum of $0.99 and a max of $4.99 per transaction. Currency conversion spread will change to 3.25% over a base exchange rate for those sending money in a PayPal transaction.

Short overview of recent news articles

Oct,14 2019 What if We Nuke a City?
Oct,14 2019 Nvidia's GeForce Now streaming service is now available for Android
Oct,12 2019 Girl Gets Head Stuck In Pumpkin!!
Oct,12 2019 Low-flying helicopter wrecks VIP podium at Indonesian army parade
Oct,10 2019 Nubia Red Magic 3S Offers Gaming Specs for $479
Oct,10 2019 Microsoft won't fix an important security flaw in Windows 10 Mobile
Oct,09 2019 Adobe Pulls the Plug on Venezuela
Oct,08 2019 What's inside a Tesla Engine?
Oct,08 2019 PlayStation Remote Play Available for Android
Oct,08 2019 PlayStation 5 officially launches Holiday 2020
Oct,07 2019 Modern Warfare launch gameplay trailer
Oct,07 2019 AMD Radeon Software Adrenalin 2019 Edition 19.10.1 drivers
Oct,07 2019 AMD officially announces Radeon RX 5500
Oct,07 2019 Star Trek: Picard - NYCC Trailer
Oct,06 2019 This cat is ready for spooky season
Oct,05 2019 MacBook Air - Can't Believe How Poorly The Cooling System Is
Oct,05 2019 No, Vitamin C won't cure your cold
Oct,05 2019 Baby One More Time - Piano Cover - Britney Spears
Oct,05 2019 ENDGAME BUT IN 7 DIFFERENT GENRES
Oct,04 2019 Asus ROG Phone II for Non-Gamers
Oct,04 2019 Windows 10 - security updates
Oct,04 2019 Intel 10th Gen Core X "Cascade Lake-X" Pricing and Specs
Oct,04 2019 AMD Ryzen CPUs to Get Plenty of Microcode Improvements
Oct,03 2019 NVIDIA Releases GeForce Hotfix Driver Version 436.51
Oct,02 2019 iPhone 11 Pro Max Durability Test - Back Glass Scratches?
>> News Archive <<

TechAmok - Privacy Policy        loading time:0.01secs