Archived posting to the Leica Users Group, 2000/04/22
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]On Sat, 22 April 2000, 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 As a buyer it has worked well for me. But then it's only been 2 purchases, and I haven't gotten the credit card bill yet. Doug Herr Sacramento http://ourworld.compuserve.com/homepages/telyt ___________________________________________________ The ALL NEW CS2000 from CompuServe Better! Faster! More Powerful! 250 FREE hours! Sign-on Now! http://www.compuserve.com/trycsrv/cs2000/webmail/