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Ebay and Pay Pal?
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[quote]QUOTE: <i>Originally posted by bpickering</i> <br />Anyone who wants to increase their sales, rather by accepting PayPal or credit cards, can do so by accepting the fact that the SELLER will pay the fee. They then need to consider which of the following ways (I'm sure there are more, but these are off the top of my pointy little head...) <br /> <ul><li>Increase price of all items, in effect penalizing those who pay cash (but raising your profit margin on cash, heh heh heh)</li><li>Offer a discount off the stated price for cash purchases</li><li>State explicitly that there is a surcharge for credit-card/paypal purchases</li></ul> <br />You can see all of these in effect just by going to a variety of gas stations. :-) <br />[/quote] <br /> <br />Almost all businesses except gas stations do the first item. That includes retail, entertainment, grocery stores, you name it. As consumers, we tend to only care to get that 3 or 4 cent per gallon savings for gas. Why do we price shop to an extreme when it comes to gas? How far are you willing to drive using gas to save 2 cents of gas per gallon? <br /> <br />On Thread Topic: <br />I started using eBay as a buyer. I would only do business with people who offered PayPal. Why? Because I wanted the simplicity of using my credit card. I did not and do not like having a PayPal account or any other account. I do want 'instant" purchases to occur. I'm to impatient. As a seller, I did use PayPal. I was always very nervous with my banking information though. It just did not seem right. I used an alternate bank account that I have. When I finished with my selling spree, I closed my PayPal account very quickly.
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