Has anyone seen the new PayPal rate increase to be put into effect in August? This is really going to hurt the small guy and hurt the chip business in general. Besides a flat fee of 30 cents per lot they are going to charge 2.9% of the total that is under $3000.
This may not sound like a lot, but gone are the days when you can list a chip for $5. Of course, probably everyone knows that Ebay now controls PayPal. With the Ebay fee increase and now the PayPal increase gone are the days of cheap chips on Ebay.
Oh well, perhaps Jackpot may become the answer.
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