05-05-2019, 03:41 AM
Hey guys,
Not sure how many of you have heard of this but as of this May 7, PayPal will no longer refund their commission percentage anymore.
So, for example if you sell a $100 product and PayPal takes about $3 from it, when someone asks for a refund you’d be refunding full $100, without PayPal returning their share of commission no more.
Previously, only the 30 cents extra that were charged to sellers when a refund is made but now you’d be taking care of all.
What are your thoughts? Would you still use PayPal? Or do you have alternatives?
Not sure how many of you have heard of this but as of this May 7, PayPal will no longer refund their commission percentage anymore.
So, for example if you sell a $100 product and PayPal takes about $3 from it, when someone asks for a refund you’d be refunding full $100, without PayPal returning their share of commission no more.
Previously, only the 30 cents extra that were charged to sellers when a refund is made but now you’d be taking care of all.
What are your thoughts? Would you still use PayPal? Or do you have alternatives?