Re: [Leica] Pay Pal payments

[cec@vbe.com]

I'd like to know about this also.  I just purchased a new/used leica and
there was an offer to use PayPal.  What is the deal here?
Chuck
cec@vbe.com

Kip Babington wrote:

> 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