I just sold something on eBay for $274.
When it’s all said and done with eBay and Paypal’s fees, guess how much I will have?
$248. That’s right. $248.
Why?
Insert fee: $2.50
Closing price fee: $7.60 or something like that.
Paypal fee: $6.
Then what happened to the rest is I got crunched on exchange rates. Crunched.
Paypal and eBay are known in many circles as the evil twins and you can see why. They’re owned by the same company (which also owns Skype, just wait to get screwed over there too). You can see why they get so much negative press nowadays.
If only Google owned Skype, eBay and Paypal. Sure, they’d basically be all powerful, but they’re much more geared towards providing free services than eBay Inc.
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