Paypal is being sneaky about their website payments pro feature. Here are a 2 things you should know:
1. Cross Border fees (Merchants are slapped with an additional 1% commission on every transaction)
You can NOT see it here:
or in the FAQ:
and its not part of the PDF datasheet either.
You can only see this if you click the link for International Sales.
Why not change the wording from “Transaction Fees” to “Domestic Transaction Fees” and be a little more upfront about it.
2. You actually need to apply for the rate in order to get it.
So, you had a good month? Finally you exceeded that 3K monthly paypal mark… hoping to make a couple extra bucks now, cause ur fees are lower, right? One may assume that in the year 2009 a FINANCIAL organization running a high tech website with multi million users worldwide, should be capable of conducting an automatic monthly sales check and shift the merchant rates accordingly.
No, no, no …how could Paypal possibly determine your monthly sales and adjust the rate. Let’s rather send merchants on a wild link chase and have them figure out how to qualify for a better rate. What if someone figures this out late… let’s say u been selling 10K+ / mo via Paypal for the past couple months but you never actually bothered to check your current paypal rates?
You may wonder if you qualify for reimbursement.
Weeeeeeell, says Paypal, that’s your problem. You should have read EVERY SINGLE little thing on our site. Nope, you are not getting anything back. These are our well deserved millions? billions?