Message 8/10
Date: 13-Apr-03 @ 07:01 PM -
RE: Escroweurope.net?
it's complicated - over here (UK) it's 20p + 3/4% of the total amount sent + 50p to transfer into your bank account basic, but they have extra fees for recieving money in a currency other than your own (even though you still get charged currency conversion fees by your bank) and ummm... they also have fees for recieving money in your OWN currency. go figure. so anyway, it can cost you 5% or more of the total amount in the end if you're unlucky.
so if you're selling on ebay, all that + your ebay fees = a lot of money down the shitter
it's prolly a fair bit smoother if you're in US but you still need to keep an eye on where your money's going, espcially if you're selling the stuff for a living.
that's not to say I don't use paypal, it's damn useful and you'll usually get more money for an auction if you accept it as people like spending money they don't have, but it can be an expensive business.
oh, and it can be worryingly easy for someone to scam you if they send money that way.