Nobody Look At The Paypal Secretly Adding New Fees
Starting in June, Paypal started assessing a fee of 2.9% on on purchases marked “goods” or services” to personal accounts. They can do whatever they want, but the problem is they were very quiet about it. Almost sneakily so.
It was only announced by an email that said they had changed their Terms of Service, and then you had to go read the ToS page to find notice of the increased fee. Sneaky. When PC World blogger Jared Newman complained to them about the lacking notice, Paypal said,
“We didn’t want to make a huge formal communication out of this pricing change, because we weren’t really adding any fees, and we were hoping it would be a more useful experience for people,” Hill said.
AKA we really hoped no one would notice. I guess the thing to do is have senders mark it “eBay purchase” or click the “personal tab” and choose one of the radio buttons there.
PayPal Adds Fees, Sneakily [PC World] (Photo: frankieleon)
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