Topic: CHANGES TO PAYPAL AFFECT NEW USERS

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Posted at March 25, 2005, 12:53 pm:

***Changes to PayPal Preferred Rewards Program***
Date: 03/25/05 Time: 09:20:12 AM PST


Beginning today PayPal is making some changes to its PayPal Preferred Rewards Program. All members currently participating in the program, who maintain eligibility, will continue to receive the same 1.5% cashback on all PayPal Debit Card purchases, however all new participants will receive a cashback reward of 1%. Also, under the previous guidelines only qualified eBay sellers designating a preference for PayPal in their eBay listings were eligible for the program, but beginning today eligibility will be expanded to include all merchants who promote PayPal as their preferred online payment method, whether operating on eBay or off.

Is this the first step to losing the 1.5% cash back that we users who are "grandfathered" in currently get? I suspect it might be. Also do those who are grandfathered in lose this "grandfathering" if they fail to list a few auctions (currently a requirement) on ebay during some month? Things to wonder about.

This program is one of the few that makes accepting paypal worthwhile although I can assure you ebay is enjoying profiting from the knowledge of how we spend our money. I wonder how much longer cashback bonus will survive.

I am glad to see they are opening it up to other venues than just ebay though.

The ebay pocketbook padding saga continues...... Sincerely, John Leckrone John@hopkinsvilleantiques.comhttp://www.hopkinsvilleantiques.com/

http://www.stores.ebay.com/buriedtreasuressterlingsilver?refid=store

http://www.tias.com/stores/buriedtreasures/

http://www.auctionbytes.com/forum/phpBB/viewforum.php?f=32

Original of the message was taken from http://www.auctionbytes.com/forum/phpBB/

Replies:

Well.

-+What will you use then? Merchant accounts are too much $ for me.

What does the Rewards program have to do with whether you accept or no...


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