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Re: Ebay now

Dick, if you can find the details where you sent that $20 to, you should be able to cancel the payment and get your money back in your account.

Paypal charges about 3% for receipt by the seller of any payment, whether it is by credit card, or from a cash balance in the buyer's paypal account.

Prior to eBay purchasing Paypal for hundreds of millions of dollars about 11 years ago, there was NO charge to use it. The previous owners of Paypal used to make their profit from the interest on the money that everyone kept in their paypal accounts. Ebay had their own electronic payment service called BillPoint I believe, which wasn't making enough money because Paypal was free to use for both buyer and seller, so eBay bought Paypal. I believe that the purchase price was about $400 Million, which eBay made back within the first 2 years, and now Paypal constitutes about 40% of eBay's total income.

carpman, 3/15/2011
CCRS member since: 8/2/2004
Posts: 5255


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Postings in this thread

Ebay now (Rick Simpson, 3/15/2011)
 [this post has been deleted by its author] (3/15/2011)
  Re: Ebay now (Paccoin, 3/15/2011)
   Re: Ebay now (Steve in WV, 3/15/2011)
    Re: Ebay now (numismateer, 3/15/2011)
    Re: Ebay now (Dick, 3/15/2011)
     Re: Ebay now (carpman, 3/15/2011)
      Re: Ebay now (Dick, 3/16/2011)
    Re: Ebay now (JAM, 3/16/2011)
     Re: Ebay now (biggrassboy, 3/16/2011)
 Re: Ebay now (Dick, 3/15/2011)
  Re: Ebay now (Steve in WV, 3/15/2011)
   Re: Ebay now (Rick Simpson, 3/16/2011)
    Re: Ebay now (Terry T, 3/16/2011)
     [this post has been deleted by its author] (3/17/2011)
      Re: Ebay now-Buying BV (Terry T, 3/17/2011)
      Re: Ebay now-Buying BV (fordey, 3/18/2011)
   [this post has been deleted by its author] (3/16/2011)

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