ALL ACCOUNTS HAVE FEES!
There are now 2 kinds of payments; Purchase and Personal
*Note the fees only apply to recieving payments, not sending payments.
Purchase payments (on PAs) : 1.1% to 2.4% + $0.30 AUD
The 0.30 is calculated according to some kind of fee structure; so even if you buy/sell using Non-CC but exceed the fee structure, you have to pay a fee. Here's a table copypaste'd:
$0.00 AUD - $5,000.00 AUD 2.4% + $0.30 AUD
$5,000.01 AUD - $15,000.00 AUD 2.0% + $0.30 AUD
$15,000.01 AUD - $150,000.00 AUD 1.5% + $0.30 AUD
>$150,000.00 AUD 1.1% + $0.30 AUD
I'm assuming it's the same for USD, except theirs will be in a different currency. The percentages should be the same.
Personal payments (on PAs) : supposed to be TECHNICALLY free, but they are charged 0.90, ($1) if it is an international payment. I don't know why it happens, it's not stated in their FAQ.
They have also raised the 'cross-border' fees aka. International fees. These fees are dependant on the volume of sales. So long as you don't exceed an income of 5K/month, you should be within the limit of 3.4%/international transcation.
$0.00 AUD - $5,000.00 AUD 3.4% + $0.30 USD
$5,000.01 AUD - $15,000.00 AUD 3.0% + $0.30 USD
$15,000.01 AUD - $150,000.00 AUD 2.5% + $0.30 USD
> $150,000.00 AUD 2.1% + $0.30 USD
There's an interesting fine print at the bottom though: Fees for receiving eCheque payments will not exceed $5.00 USD per transaction. Therefore, depending on the cost of the item, if you work out the percentage of it - using an echeque might be slower but DEFINITELY cheaper for a higher priced item (say...a dress that is valued at over $400)
Another thing to note is that BOTH personal and premier accounts now have the SAME fee structure. That's right, there's very little - almost no difference; between both accounts now, except that a Premier account can accept more debit/credit payments. They're not differentiating based on accounts anymore, they're differentiating based on payment types.
Unfortunately, it seems that on of the drawbacks of using Personal Payment types is that the address is not supplied within the invoice. I suppose a PM would do the trick, but that is an unessescary hassle :/
I'm also really really pissed off at Paypal. There has been no notice about the change in fees/payment/account structures, not even a 'hay thar' email. They also haven't updated their FAQ on their front page regarding the new fees either. The only way to find out is to log into both a personal and premier account and then do a side-by-side transcation check :( In fact, I problably wouldn't have noticed the personal payment fee ($1) until I read the fine print of the invoice.....this is really shit, damnit.
While I'm really pissed off, I can't imagine any other way of sending/recieving money. A telegraphic payment easily costs $40 at a bank, so even with the rising fees - I guess I have no choice but to accept them.
Any thoughts? Petitions? Solutions?
Some things pointed by other members,
dead_teddys1, Google Checkout: http://checkout.google.co.uk/ as an alternative. There's a review of Google checkout by milkypop
jolie_laide, using Personal Payment removed *ALL* protection, so you can't file a claim