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Thread: "PayPal Add 3%"
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Old 02-20-08, 01:16 AM   #8 (Link)
Sonnie
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Re: "PayPal Add 3%"


Each of our Classified forums have the rules posted:

  • Please read Paypal’s Payments (Sending, Receiving, and Withdrawals) Policy under Section V (you must login to Paypal to access this page). There is a new regulation implemented that everyone should be aware of... quoted below:

    Quote:
    "No Surcharges. Under Visa, MasterCard, Discover and American Express regulations and the laws of several states, including California, merchants may not charge a fee to the buyer for accepting credit card payments (often called a "surcharge"). You agree that you will not impose a surcharge or any other fee for accepting PayPal as payment. This restriction does not prevent you from imposing a handling fee in connection with the sale of goods or services, as long as the handling fee does not operate as a surcharge (in other words, the handling fee for transactions paid through PayPal may not be higher than the handling fee for transactions paid through other payment methods)."


I do not charge extra for PayPal and it would actually be illegal for anyone else to do the same.


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