Reply to "MyStoreRewards - paypal fees"

sparkilyn420Member

When one of your customers signs up for mystorerewards, you are promising them a % refund - however you want to word it - you're giving them money back. When you set up this system w mystorerewards, you need to opt into the "mass payment" system thru paypal who then charges you another fee to participate. After speaking to paypal, they sent me an email with the details, including:
"The sender of a Mass Payment is charged a fee of 2% of each individual payment within the Mass Payment. The fee is capped at USD 1 (CAD 1.20) per individual payment.

International Mass Payments have a cap of USD 20 (CAD 24)."

So, basically I'm trying to figure out if the MyStoreRewards concept is not worth it for a small time seller. To give $ back to the buyer is one thing, but to pay paypal a SECOND time seems ridiculous. When I signed up for it, there was no warning of this.

2/28/138:56 AM

<ul id="{%=id%}ButtonGroup" class="button-group h-popup-buttons even-button-group even-1">
    <li id="{%=id%}Okay_buttonContainer"><a id="{%=id%}Okay" href="javascript:void(0);" class="button success no-margin-bottom h-alert-modal-ok-button" role="button">OK</a><script type="text/javascript">
        (function() {
            function {%=id%}Okay_click(event, data) {
            {%=id%}Popup.hide();
        }
        
                $('#{%=id%}Okay').on('click', {%=id%}Okay_click);
        })();
    </script></li></ul><a href="javascript:void(0);" class="close-reveal-modal" aria-label="Close Modal">&#215;</a><div class="last-modal-focus focus-utility-element" tabindex="0"></div>
</div>
<script type="text/javascript">
        (function() {
            {%=id%}Popup = new SS.Popup.ModalPopup('{%=id%}');
        })();
    </script>

Skip to main content

Membership Required

Remove From Your Block List

Manage Follow Preferences

Block

Please wait...