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Posted By: jay behrens

You asked about why some people won't accept PayPal over $200, etc and no one has answered, so I will. I think the reason they do it is becuase the raw dollar amount looks so big, but in reality, the larger the amount that is paid for, the lower the actual rip is. Every transaction, no matter the size is 35 cents plus 2.3%. On a card that sells for $10, you pay 78 cents in fees, or 5.8% total rip. On $100.00 you pay $2.65, or a 2.65% rip. 10 transactions at $10 each will cost you more than twice as much in fees as a single $100 transaction.

Jay

I saw weird stuff in that place last night. Weird, strange, sick, twisted, eerie, godless, evil stuff. And I want in.