PayPal Policy Updates and Rate Hikes

Phil B · 2017-02-14T03:14:51.000Z

New Paypal Policy/User Agreement goes into effect on Mar 29, 2017. Full document here: https://www.paypal.com/us/webapps/mpp/ua/upcoming-policies-full?locale.x=en Contains this: Quote We are changing the standard transaction fee for sellers selling goods or services online to buyers outside the U.S. from 3.9% to 4.4% plus the existing fixed fee based on the currency. We are changing the standard transaction fee for in store transactions received from buyers outside the U.S. from 3.7% to 4.2%. We are removing the tier based fees we charge to nonprofits who receive payments from senders outside the U.S. and are charging a flat rate of 3.7% plus the existing fixed fee based on the currency for all such transactions. We are changing the micropayment fees for in store transactions received from buyers outside the U.S. from 6.0% to 6.5% plus the existing fixed fee based on the currency. We are clarifying that we will assess the $20.00 chargeback processing fee for sellers who win a chargeback but are not eligible for Seller Protection. And I almost forgot: Quote We are adding a non-discouragement clause for sellers that provides: In representations to your customers or in public communications, you agree not to mischaracterize PayPal as a payment method. At all of your points of sale (in whatever form), you agree not to try to dissuade or inhibit your customers from using PayPal; and, if you enable your customers to pay you with PayPal, you agree to treat PayPal’s payment mark at least at par with other payment methods offered.