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PayPal Sugarcoats 50% Rate Increase
PayPal informed me their fee is going up 50% to $360 per year from $240. So, another $120 isn't going to break us. My beef is with their message, which reads:
"Thank you for choosing PayPal as your payment processing solution. We value your business and appreciate your continued partnership. In order to provide the best possible service and competitive rates, the following price changes will be made."
Experience has taught us all who are over 10 years old that PaypPal's service isn't going to change becaused they raised their rates. This is a way for PayPal to make more money.
Got me to thinking. We all raise prices. Any suggestions for telling customers without sounding so lame?
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Well now we know how EBAY is going to pay for Paypal - 50% increase not even coupled with a improvement of services- this really is rape- but the amount is small to each individual but multiply it by their users ......