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EcommerceBytes-NewsFlash, Number 2380 - September 29, 2010 - ISSN 1539-5065    2 of 6

PayPal Online Check Fee Does Not Impact eBay Sellers

By Ina Steiner
EcommerceBytes.com
September 29, 2010




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Some eBay sellers are concerned over a new PayPal fee listed in the amendments to the companies User Agreement that went into effect on September 22, 2010, but it appears there is no need for concern. The new payment option, "PayPal Online Checks," incurs an additional fee of 50 cents. Sellers who contacted AuctionBytes also feared that PayPal was backing out of seller protection coverage for transactions completed using PayPal Online Checks. What made it especially confusing is that PayPal has an eCheck payment method funded directly from a user's bank account.

PayPal said the new payment method affects developers and does not affect eBay sellers. Spokesperson Anuj Nayar said, "PayPal Online Checks is part of the PayPal X services pricing that we will begin rolling out later this year. More details will follow once the pricing is launched."

PayPal X is the name of PayPal's Developer program. The new fee described in the User Agreement is part of the fee structure for third-party developers and is specifically for those who build applications in markets that are traditionally served by cash and checks, for services such as rent, consulting businesses or payroll (link). PayPal will provide more information about the new fees for developers at its developer's conference next month in San Francisco.

About the author:

Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com.

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