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What just happened to accepting Paypal?? looks like they are trying to drive us away

i may have over reacted... for some reason PayPal wants to drive me into a business account. Looks like the fees are the same so not sure what that is all about, I'm just suspicious by nature

If you switch to a business account which is pretty easy you get a merchant ID, enter it here, and move on. If you don't want to do that then they make it very complicated to fill out forms, etc. I gave up and switched to business, made up a bogus business name and am moving on...
herman
uberwaltz's avatar
uberwaltz
13,381 posts
 
I would agree by switching to a business account then every transaction would be reported to the IRS I believe.
Unlike present personal account where you have to exceed the already mentioned limits.
It truly is all driven by PayPal, Audiogon got caught with their pants down on this one.
mitch2
3,965 posts
 
I guess we could be back to accepting only money orders or waiting for checks to clear like back in the old days.....
uberwaltz's avatar
uberwaltz
13,381 posts
 
I already have done that twice of late in my "other" hobby.

Here I made two sales last week, both times I ended up just sending the buyers a direct invoice via my PayPal account. Easy enough especially as you can reference the listing id and everything to make it nearly ironcast.
But still not as fluid as it was or should be.

No way am I letting a jumped up entity like PayPal force me into creating a business account.
They can go jump first...….
dyl71
47 posts
 
I sold an item on ebay last year for a little over 2K, never used them for an item over a few hundred bucks. I was in shock to learn I had to ante up 10% of my sale to Ebay just for their commission.

My guess is Agon may be looking to go that route with different options in handling their transactions to increase their kickback.

Just a guess, but I don’t see any other reason to stray from what has been working.
roxy54's avatar
roxy54
7,964 posts
 
This is all unfortunate. I have had a few issues with Paypal in the past, and it seems that now they are tightening the noose once again. Let's go back to money orders and bank checks as one other poster suggested.
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