Quote Originally Posted by Y33TREKker View Post
I also think Paypal has gotten to the opposite end of the Supply and Demand scale. At first they supplied a service the public was demanding, now it seems they're demanding whatever price they want because they feel they control the supply. Same could be said about Ebay itself...their rates have gotten pretty much crazy.

It could be debated that the same thing is now happening with Netflix.

Amazon could be planning the same thing with Web Pay and going with the penetration pricing method to lure away Paypal customers (what better price than free after all), but only time will tell. It's obviously happened before. And for all we know, WebPay is either already owned by Ebay/Paypal, or will be if it proves popular enough.

With the invention of SearchTempest, I'm considering starting to just post my for-sale stuff on Craigslist.
x1000! I've been selling household stuff on ebay for 8-9 yrs....it used to be great!.....now....not so much.....

Yes, you do get to reach a world-wide audience of potential buyers, and get to accept credit cards as payment despite not being a business... and yes, you do get some money in your pocket, I can't begrudge them making money since they do offer a service I choose to use, (and we all know ebay bought PP several years ago and they've really raised those fees significantly ) But daaaannnngggggg, they're just raking it in in bucket-loads ! Pretty much a predictable progression:
...offer popular item or service > get customers > get more popular > get more customers > raise rates > repeat process....

I've liked the idea of limiting my credit card info to one entity....What worries me with PayPal (or any other payment processor) is if they get hacked......yikes! ....and ya just know somebody's out there trying to do it right now!