posted on June 10, 2004 07:14:09 PM new
eBay just announced that Power sellers will have the option of enabling PayPal to extend buyer's payments over time ... if the transaction is over $200. This can be selected as an option when you build the auction on eBay's "sell your item" form. Obviously Vendio's customers do not use this form. My question is: When, if at all, will Vendio add this option to Sales Manager?? This is a VERY BIG DEAL to Power Sellers and we need to be able to interface with this option. THanks!
(am posting this on both the PayPal and the General Discussion boards ... doesn't look like too many people read the PayPal board!)
posted on June 19, 2004 10:03:46 PM new
Yet again the seller pays fees for the buyer's convenience... check out these seller's fees for "easy time payment plans" offered by Paypal:
"How much does it cost to list an item with promotional financing?
The cost to sell an item with promotional financing is a percentage of the item's final total purchase amount:
* No interest if paid in 3 months and no payments for 3 months for purchases over $199.00 USD: 0.50% of total purchase amount
* No interest if paid in 6 months for purchases over $199.00 USD: 1.75% of total purchase amount
* No interest if paid in 12 months for purchases over $199.00 USD: 3.75% of total purchase amount
* 12 fixed monthly payments at 12.9% APR for purchases over $999.00 USD: 0.60% of total purchase amount
* 24 fixed monthly payments at 12.9% APR for purchases over $1,999.00 USD: 1.50% of total purchase amount