Author Topic: PayPal Exempts Large Retailers From Fee Hike  (Read 733 times)

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PayPal Exempts Large Retailers From Fee Hike
« on: September 02, 2015, 10:28:16 AM »
Read Article in Full: PayPal Exempts Large Retailers From Fee Hike

PayPal is raising fees by up to 32% by eliminating volume discounts for larger sellers, and EcommerceBytes has confirmed that certain companies are exempt from the fee hike, which the payments company is referring to as a fee "simplification."

PayPal spokesperson Anuj Nayar told EcommerceBytes, "We are only changing the rate structure for merchants on the volume discounted merchant rate. We are not changing the rate structure for other groups."

And, he further clarified, "Merchants with negotiated contracts (such as the Home Depot) will not have their rates changed." Nayar was referring to Friday's Newsflash article about the new fee changes.



  

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