     Jennifer Persinger (Velvet) | Wednesday, November 08, 2000 - 08:29 pm 
Thought I'd toss this in a new "discussion" ... As of 1 Dec 2000, X.com will be closing their bank department. Looks like PayPal will still be around (for now).
https://secure.finance.x.com/notice.asp |
| Amy Duncan (Amydd) | Friday, November 10, 2000 - 10:32 pm
Speaking of paypal, they now have a new (as far as I knew anyway) policy limiting payments to a personal account to $1,000.00 per 6 months and receiving credit card payments to $500.00 per 6 months. Personally, I think that really bites!!!! |
| Jennifer Persinger (Velvet) | Saturday, November 11, 2000 - 04:39 am
Yeah. Supposedly, it's due to the amount of money they're losing on credit card transactions. Funny ... none of the other pay places are complaining about it ... But maybe someone on here can explain about how much the credit card companies charge for transactions, etc. |
| Scott (Scott) | Saturday, November 11, 2000 - 04:49 am
They get like 2% of every transaction from the vendor. |
| Christine Baker (Admin) | Saturday, November 11, 2000 - 06:01 am
I'm not surprised x.com didn't make it. As far as PayPal goes, I pay them about 2% too for the biz account. As far as I know that's cheaper than many banks, without ANY hardware/software costs.
I've been impressed with the 24/7 phone support. Not holding my breath on continued good service ... |
