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Old 10-16-2012, 06:31 AM   #1
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Default popmoney.com better than PayPal?

Hey everybody...

I recently heard about http://www.popmoney.comand was wondering if anyone has heard about them out had any experience? Send like it could be used similar to PayPal but the fee's seem better.?
PayPal takes like 2.95% + .30 for each transaction....according to popmoney.com, they only charge .95 per transaction.

Thinking about trying them out but wanted to see if anyone is already using them, has used them and have any good/bad to report.
Thanks everyone!
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Old 10-16-2012, 06:51 AM   #2
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did some 'quick math' to compare the two: (someone may want to check)

PayPal:
Amount: $5 --Fee(2.9%of amount+.30)= $.45
Amount: $10 --Fee= $.59
Amount: $15 --Fee= $.74
Amount: $22 --Fee= $.94
seems that once you reach an amount of 22.00, you're at $.94 if fee's matching Popmoney.com.

if the math is correct, Popmoney could be a huge savings over PayPal for larger transactions!! if I sold an RC at $300, my PayPal fee's would be around $9.00!!!!
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Old 10-16-2012, 06:57 AM   #3
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Never heard of it, but perhaps safety is an issue? Paypal tries alot to protect buyers and sellers. I wonder if people will feel as safe using anyone else...
that said, paypal does act like a nazi sometimes with their policies.
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Old 11-02-2012, 07:10 PM   #4
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Old 11-03-2012, 05:49 AM   #5
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I signed up for it looks a little cheap compared to paypal the site not just the fees.
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