AuctionBytes Confirms eBay’s PayPal Processing Price Increase
AuctionBytes has gone through and confirmed that PayPal will indeed be raising their prices on September 1, 2007. From their latest article on the subject:
“Users of PayPal’s Website Payments Pro and Virtual Terminal received an email on Thursday informing them that fees were increasing effective September 1, 2007. There’s been no announcement on the PayPal or eBay Website. Sellers use the services for processing payments for orders made through their websites and to process phone orders.”
While PayPal is still a viable billing solution, this latest fee hike may be worth investigating to see if there are more profitable options available.
