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February 11, 2017 08:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/4tQsC-bhpLc/paypals-policy-update-includes-price-hikes
PayPal's 'Policy Update' Includes Price Hikes
"Buying and selling items on the internet is about to get a bit more expensive if you use PayPal to transfer money," reports MLive, noting that some of PayPal's fees will be increasing on March 29. Slashdot readerturbotalon also complains PayPal is disguising news of the price hikes as a "policy update".Roughly one quarter of the "policy changes" are rate hikes, yet their emailed summary glosses over the rate hike, focussing instead on a few of the "policy changes" with one sentence at the end about "changing some of the fees we charge". Additionally, they have added a "non-discouragement clause" for sellers that provides: "In representations to your customers or in public communications, you agree not to mischaracterize PayPal as a payment method. At all of your points of sale (in whatever form), you agree not to try to dissuade or inhibit your customers from using PayPal; and, if you enable your customers to pay you with PayPal, you agree to treat PayPal's payment mark at least at par with other payment methods offered."Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/4tQsC-bhpLc/paypals-policy-update-includes-price-hikes
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