You are indeed, hoopy.

haha, there are pretty loopy things going on in this thread lol.

I am sure there are pretty specific reasons why Linode does not use Paypal, as there are many unwanted issues that arise for businesses using Paypal from Paypal.

As discussed in IRC, we are going ahead with a project to resell linodes to people who want to pay with paypal, google checkout, and the rest of those things that Linode won't touch.

Linode has good reason not to touch them. Its just that we're not as smart as Linode, and we'll be trying it.

Maybe this will stop people from asking Caker: I see you don't take Paypal, will you take Paypal?

I'm sure that's somehow against PayPal's terms of service; at the very least, you best make sure none of your customers inadvertently host websites containing images of titillating bootlicking, or they'll seize your funds and turn you over to the Canadians.

That's Talman's risk; he's gonna be responsible for paying linode's bills ('cos he's the customer) and he's running the risk of paypal seizing his assets (ooh, painful!).

Hopefully his markup will make it worth the risk for him

_________________
Rgds
Stephen
(Linux user since kernel version 0.11)

paypal want to many dollars, I pay 3.4% on every transactions done with customers outside my country, this is quite un-acceptable for me and I think that is the same for linode team.

This is pretty similar to the fees you'll pay for VISA/Mastercard/etc. PayPal's fees are similar to standard credit card fees, unless you're really big and can avoid getting ripped off by the payment processor.

This isn't correct, my VISA as like as many other credit card have no fees when receiving payments.

No, guspaz is 100% correct. You (the merchant) do pay when you (the merchant) makes a credit card transaction, for every single transaction. Every one. Every swipe, costs money, every dollar of the transaction costs money. The type of card matters too. If you really want to screw over a retailer use your "rewards" Visa or Mastercard. Almost everyone of them will be paying over 3% for the transaction (plus a swipe fee). Yes $3+ for every $100 is taken right out of their pocket on a transaction like that.

Though, most brick-n-mortar stores typically pay much lower fees than what PayPal charges. However, accepting credit cards via a website typically leads to higher rates being charged, like what PayPal charges....

Visa, Mastercard, AMEX, Discover, etc all charge the merchant a processing fee. This is how they make the majority of their money. Then they also charge the customer interest off of any unpaid balances.

If you want to do your local merchant a favor pay with cash or check. You'll save them $10,000s (depending on their business) per year.

Oh and just so you know, those places like restaurants, hair stylists, espresso stands, etc who have tip lines on the credit card receipt pay even a higher rate as that's instantly a riskier transaction. Riskier still are those who are phone order type businesses.

I know this because I am a merchant and I accept credit cards and I read my agreements and statements from the credit card processing company.

It is by far, one of the most confusing and convoluted systems that I've ever seen. There is no way for the customer to know this information without being informed and there is no way for a merchant to even look at a card and know how much they'll be charged. Whether that's a qualifying card (lowest/best rate), a mid-qualifying card (higher rate), or a non-qualifying card (highest rate charged, typically ~3.5%).

I neither read your post waldo, I stopped reading it on the first three lines.

My answer is that I make about 500 transaction a month,
no fees for that with my credit card, come here in Italy and
see the italian quality

Lemme TL;DR that for you, then:
The shop/merchant is charged quite large fees by the credit card company when you pay there.

Won't feed the troll anymore.

Go on -- just one more bite -- he's so funny.

_________________
/ Peter

Yes. They are called interchange fees. And they are always charged to the merchant:

http://en.wikipedia.org/wiki/Interchange_fee

The credit card companies also have stipulations in their contracts that merchants may not upcharge for credit card usage. I.e., they may not charge an extra 3% for using a credit card. So the shops just raise their prices, so in the end it's the consumers who are hurt by higher prices -- about 3% higher (go figure).

So it's like a tax on all transactions, albeit one that is paid to the credit card companies. Nope, you don't get roads from this tax. It's even worse for rewards cards: the cash buyers end up subsidizing free airfare for the credit card users. Oh, and people with high rewards cards tend to be more wealthy. Cash buyers tend to be the poorest. Talk about regressivity.

MasterCard and Visa are being sued in a big class action by merchants for the provisions that do not allow them to add a surcharge for credit card processing. Fat chance. I have heard that Australia outlawed such provisions, and that after merchants started surcharging for credit card usage, credit card use dropped.

Well, actually my grandfather is blind. But the rest of it is accurate.

James

Get a PayPal debit card and use that.