WTF! Paypal charges to get checks now!

RichieZ

Diamond Member
Jun 1, 2000
6,551
40
91
I have like 84.50 in my account, and I went to withdraw and what do i find? It now costs $1.50!
 

kami

Lifer
Oct 9, 1999
17,627
5
81
I'm sorry that you'll be forced to live on the street now b/c of that $1.50.
 

novon

Diamond Member
Oct 9, 1999
3,711
0
0
Um...just don't get it as a check, it's faster and FREE if you do a electronic funds transfer to your bank account. I'll still use them.
 

RichieZ

Diamond Member
Jun 1, 2000
6,551
40
91
blah, after all the lousy custoemr service and horror stories I continued to use it for convenince. But now that they charge 1.50 which is about 1.5% for me since I withdraw when it gets to $100 I'm quitting.
 

HansXP

Diamond Member
Jun 1, 2001
3,093
0
0
People seem to have a hard time understanding that services cost businesses money.
 

RichieZ

Diamond Member
Jun 1, 2000
6,551
40
91
I understand that it costs them money to send checks, but why should I pay for a service that doesn't protect its users. I mean all they do is "investigate" and then if the guy doens't have any money left in their account then you are SOL
 

geno

Lifer
Dec 26, 1999
25,074
4
0


<< People seem to have a hard time understanding that services cost businesses money. >>


But what I don't get is why did they change all of a sudden? Why have they not been charging up until now if it was costing them so much money?
 

HansXP

Diamond Member
Jun 1, 2001
3,093
0
0


<< I understand that it costs them money to send checks, but why should I pay for a service that doesn't protect its users. I mean all they do is &quot;investigate&quot; and then if the guy doens't have any money left in their account then you are SOL >>



That's a good reason not to use them, but it has nothing to do with them charging for checks.



<< But what I don't get is why did they change all of a sudden? Why have they not been charging up until now if it was costing them so much money? >>



Probably because all of their investment money dried up and they actually have to make money on their own now.
 

Russ

Lifer
Oct 9, 1999
21,093
3
0
Booty,

I was wondering the same thing. Maybe, as a cost-cutting measure, they had to reduce the number of 'Bots assigned to forums.

Russ, NCNE
 

bigbootydaddy

Banned
Sep 14, 2000
5,820
0
0


<< Booty,

I was wondering the same thing. Maybe, as a cost-cutting measure, they had to reduce the number of 'Bots assigned to forums.

Russ, NCNE
>>


would be funny if they charged 50 cents to the &quot;paypal sucks thread&quot; posters when the bot is present.
 

Damon

Senior member
Jul 21, 2000
880
0
0
Hi,

The policy change has been on the site for some time now. I would urge users to check the &quot;What's New&quot; section on the site on a regular basis.

Check Withdrawal Policy Change



Notice Date: April 19, 2001
Effective Date: June 6, 2001
To cover the cost of processing and mailing checks, effective 6/6/2001, members will be assessed a $1.50 fee each time they withdraw funds by check from their PayPal accounts. There will no longer be a limit of one check withdrawal per day. Members may continue to withdraw funds via electronic funds transfer for free.


I'm still free (for now):)
 

RichieZ

Diamond Member
Jun 1, 2000
6,551
40
91
Does paypal really expect ppl to read the spam they get from paypal and to acutally click on the whats new section? I know I'm too lasy to do that.

I would have appreciated a popup like at dialpad when you log in informting you of am impending change in policy.

Anyways I don't feel like linking my checking account cause then I can't dispute charges like with a credit card. Paypal has worked ok but I think I'm going to stop using it.