"Hidden" PayPal Fees Inciting Community Unrest

Several sites are reporting on the addition of extra fees to PayPal that are just starting to become common knowledge. While PayPal has certainly had their fair share of controversy, the new "transaction fees" that promise to affect the entire customer base are already well on their way to becoming another. "For example, a personal account sending another personal account money for a one-time payment for, say, mowing your lawn was not previously charged any fees on either side, but is now charged the usual transaction fee (the sender gets to decide who pays). The only way to avoid this is by selecting 'gift' when making the transfer — something you can't do if you're following through on a purchase or invoice from someone. And, if you fall into this category (which many people do), it's likely that you had no idea about the changes until just now."

Comments

Re:Still Cheaper...

[Bogtha]

First thing I did after this was to tear up and cancel that card and then link my regular credit card to paypal which is a Citibank Card

So wait, you got screwed by PayPal, so at the first available opportunity, you gave them your credit card details so you could continue to use their service? This kind of thing is exactly why corporations continue to screw people over - they know they can keep doing it time and time again, and people will just keep coming back for more.

Re:Probably just the first step

[seizurebattlerobot]

You're kidding, right? Paypal didn't send a mass e-mail to all its users saying "Dear Customers, We're jacking up our fees!". Instead, they sent out a mass mail that said "Dear Customers, We updated our Terms of Service. By doing nothing, you agree that you accept the changes."

Take a look at Paypal's legal page. The Paypal "Terms of Service" are actually 14 different agreements, all written in legalese, all saying that they can be changed at any time for any reason by Paypal. All together, the agreements add up 4000 lines, give or take. Not every user is subject to every agreement (some are for specific services), but many are.

So can you really say with a straight face that you believe it is reasonable to expect Paypal users to reread 4000 lines of legalese every time Paypal announces that they've made some change to the agreement? It's not like they're providing diffs. They do not want their customers to understand these agreements or how they have changed because they are dishonest. That's the crux of the issue - Paypal is acting in bad faith to screw their own customers and hiding behind legalese when called out on it.