Thread: PAYPAL
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Old 01-22-2011, 08:36 AM
  #29  
sewbizgirl
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Join Date: Oct 2010
Location: Mississippi
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Paypal is safe, both ways. You have some buyer protections that way, as well. The only problem is that the fees for receiving money really eat into your profit. Especially when the amount is small. On my acct. they charge a 'per transaction' fee of $.30, as well as charging nearly 3 percent of the amount. If I sell $4.00 worth of fabric here, the paypal charge would be $.42, which is more than 10% of the payment received! I have started adding that charge back to the buyer, if they want to use Paypal. Be sure to take the charges into consideration. They add up.
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