Archived posting to the Leica Users Group, 2000/04/22
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]If indeed it is free, it must be for the time being, until they become established - and indispensable . Then they will charge the solicitor of the service a fee that would be equal to a typical credit card fee. Joe - ----- Original Message ----- From: "Kip Babington" <cbabing3@swbell.net> To: "Mailing List, Leica" <leica-users@mejac.palo-alto.ca.us> Sent: Saturday, April 22, 2000 1:38 PM Subject: [Leica] Pay Pal payments > As an occasional buyer and seller of Leica (OT) gear on ebay, I see the > logos for the Pay Pal service, that lets buyers use credit cards instead > of sending checks, etc. It says it's a free service for both sides of > the deal, and I guess if they say so it is, but I'm old enough to know > that somebody (normally the merchant) pays real money to have credit > card transactions processed, and I'm wondering where this money comes > from with Pay Pal? (I know the old line, we lose money on every sale > but make it up in volume, but I don't think the credit card charges ever > go to zero no matter how large the volume.) > > Anybody know anything about the economics of this service? Anybody had > any experience with using it, as either a buyer or seller? > > Cheers, > Kip > >