Not always GG. If you want to become "Verified" then yes.
Liz, I don't think its 7%. Here is a table I just gor from PayPal's site
Standard Rate Merchant Rate (qualification required)
Monthly Received Payment (USD) $0.00 USD-$3,000.00 USD $3,000.01 USD-$10,000.00 USD $10,000.01 USD-$100,000.00 USD > $100,000.01 USD
Fees per transaction (USD) 2.9% + $0.30 USD 2.5% + $0.30 USD 2.2% + $0.30 USD 1.9% + $0.30 USD
Flat fee will be charged as follows: $0.30 USD for payments in U.S. Dollars, $0.55 CAD for Canadian Dollar, ¥40 JPY for Yen, £0.20 GBP for Pound Sterling, €0.35 EUR for Euro, $0.40 AUD for Australian Dollar.
Fees for receiving eCheck payments will not exceed $5.00 USD per transaction.
Originally Posted by
girl_geek
Isn't PayPal tied directly to your bank account? I don't like my account numbers floating out in cyberspace, I don't care what kind of security they have ... plus I didn't realize until I read Liz's posts that they have fees. I never buy anything from eBay so I have no use for PayPal -- I just buy from online sites where I can use my credit card! (And not pay fees!
)
For that matter it's a rare occasion that I buy anything online ... for being a computer geek I'm not much of an online shopper