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chacumera

an observation on Paypal (artists should read)

It's well known that all payments should go through the "goods and services" tab, after all they are paying for a service from you.  But there's been a recent viewpoint that the commissioners are the ones who need to pick up for the 2.9% tax they put on each tab.  And through a bit of talking around, I've come to the conclusion that's illegal, well morso against the terms of service on Paypal.

https://puu.sh/vN2Hw/542911cf67.png
https://puu.sh/vN2Ip/6ba13036dd.png

In layman's terms, if your selling your services, your responsible for all the fee's for using the service for getting the money in the first place.  Though I suppose you could re-adjust your prices through your commission sheet, I can imagine how annoying it would be to redraw those prices every time the tax went up.

Anyways, thought I'd share with all of you.
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Added: 6 years, 11 months ago
 
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