Should 2dboy refund all transactions which make them lose money? .31

Should 2dboy refund all transactions which make them lose money? .31 | kieranmullen | 10/22/2009 - 19:20 |
I paid more than the average, but I hope 2dday will refund the transactions less than .31 so they do not end up losing money. | ||
Re: Should 2dboy refund all transactions which make them lose money? .31 | ! | 10/22/2009 - 22:24 |
In this case, there wouldn't really be a right thing to do, much less a way to do it. | ||
Re: Should 2dboy refund all transactions which make them lose money? .31 | kieranmullen | 10/22/2009 - 22:49 |
I do not know what you are talking about, but all transactiosn on paypal are refundable. Just get the details of the transaction and click on the refund link and it will ask you how much you want to refund and then confirm. | ||
Re: Should 2dboy refund all transactions which make them lose money? .31 | spazturtle | 10/23/2009 - 03:22 |
2D Boy lost nothing, paypal pick up the costs if the transaction is less than 0.31 USD | ||
Re: Should 2dboy refund all transactions which make them lose money? .31 | kieranmullen | 10/23/2009 - 10:39 |
There does it say this on the paypal website? Last modified Fri, 10/23/2009 - 15:42 by kieranmullen | ||
Re: Should 2dboy refund all transactions which make them lose money? .31 | Soultaker | 10/23/2009 - 17:18 |
The Paypal site doesn't say it, but Ron mentioned in this post: Quote: The average price paid for the game was $2.03 a significant percent of which went to PayPal for transaction fees. Normally, they keep about 5% of the revenue, but because PayPal fees are structured in a way that they take a larger percentage for smaller transactions, we ended up paying over 13% in transaction fees. For all purchases of around 30 cents and under, we actually saw no money, PayPal took it all, but they probably ended up losing money on most of those transactions ($0.01) as well, they’re not the bad guy. If you don't believe him, you can also do the math yourself, since both the sales figures and Paypal's rates are public, and you'll see that if they had to pay 30¢ for each 1¢ transaction, the transaction fees would be around 18% of the revenue, not 13%. I think that for future sales of this type it makes more sense to set a minimum price of $1 or so. Processing an order for 1¢ is just a waste of time for anyone involved; if you're not even willing to pay $1 for a game, just get it off a torrent site already, would ya? | ||
Re: Should 2dboy refund all transactions which make them lose money? .31 | kieranmullen | 10/23/2009 - 17:22 |
I would trust the ebay website combined with phone call and email (I had asked them before since I have seen this done somewhere else) rather than math figures. | ||
Re: Should 2dboy refund all transactions which make them lose money? .31 | citricsquid | 10/23/2009 - 18:00 |
Paypal have a base fee of around 3.1% (depending on the account type) then on top of that they have a flat rate fee but this only accounts for transactions of the base rate+. If this weren't the case, I could send a company 100 $0.01s and force them to lose money, because then they'd owe $0.30 (or whatever the fee is right now) x 100. Does this not seem a bit off to you? Last modified Fri, 10/23/2009 - 18:02 by citricsquid | ||
Re: Should 2dboy refund all transactions which make them lose money? .31 | kieranmullen | 10/23/2009 - 18:10 |
To further clarify 16,000 .01 transactions cost 2dboy * .31 in fees from paypal as confirmed via telephone from a paypal representative $4960 | ||
Re: Should 2dboy refund all transactions which make them lose money? .31 | citricsquid | 10/23/2009 - 18:15 |
[quote author=kieranmullen link=topic=2146.msg14860#msg14860 date=1256339430] | ||
Re: Should 2dboy refund all transactions which make them lose money? .31 | GMMan | 10/24/2009 - 13:54 |
@kieranmullen: Check this: http://www.rolbe.com/paypal.htm | ||
Re: Should 2dboy refund all transactions which make them lose money? .31 | citricsquid | 10/24/2009 - 14:54 |
So, here we have some proof! WONDERFUL PROOF. JUICY JUICY PROOF. | ||
Re: Should 2dboy refund all transactions which make them lose money? .31 | citricsquid | 10/24/2009 - 17:07 |
It turns out the payment type does matter, however it still doesn't take anything from my account, but the purchase total == the total fees, so I get nothing. |