PaisaPay Fee Revision! 4% is too high!

[snrama]

Hi All,

The PaisaPay fee (which has revised to 4%) is too high.

Making Online Bank Transfer from 2% (inclusive of taxes) to 4% + Taxes as applicable is certainly makes expensive for
sellers.

PaisaPay team should charge for buyers. The prices will be hiked by all the sellers and thus this will result to less sales as compared to the local market (main target will be high value products).

I am feeling that seller will become a total bakara (Listing Fee, FVF, PaisaPay Fee with no sales).

PaisaPay has removed the service of UTI NetBanking, They are not even interested in adding more payment gateways. ---------------
With Regards,
Navaneeth (snrama) 😉

[amitava123gems]

Hi Navaneeth,
If eBay prospers,we survive.Let us give something to eBay.This is despite eBay is going to take away my power seller status from december.
Thanx,
Truly,
Amitava

[manishadiamond]

Well eBay payment system is deff over charged and with this hike we are left with no option but to increase our product cost by another few percentages.

I only think that eBay wants everything of the sale profit than work something concrete to get good and genuine sales.

Paise Pay has left us with no option but to look around and offer other modes of payment.

A private payment gateway from other banks are cheaper and faster. You can get the buyer verified if the amount exceeds a certain amount.

so all in all just look around and find a cheaper better solution than Paise pay.

Paypay is nowhere here and eBay sends messages to get us verified on PayPal if we want to sell internationally !!

Whats that stand for ?

[ravinissay]

I too totally agree with all the other sellers here. The margin at times that we have on our items is only between 5 to 10% and if ebay alone is paid 10% towards, listing, FVF and Paisapay fees where are we left!
I am sure nobody is running a charity business.
And if this continues - sure the buyers will find other alternates. They would rather buy offline than online.
Request ebay to re-consider the decision of Paispay Fee Hike.

And I also want them to send in a vote to all prominent sellers justifying their demand and if the majority says ok - then ONLY should ebay.in consider the HIKE.
Regards

[havenindia]

I agree. PaisaPay fee to high. They should be working on integrating PayPal and PaisaPay, so that we can take International payments like the rest of eBay, but be paid fast by PaisaPay draft.

[skygiftworldwide]

Hi all,

PaisaPay hike in service fee is in effect from 1st of November and it is 4.49% including taxes which is too much more than even PayPal. And to continue accepting PaisaPay eBay has started Contests (SuperHero Challenge, etc). How well planned to keep eBaying!!! Now we do not have any option to even oppose just pay the all the fees whatever eBay wants.

We should not be surprised if any new additional fees we have to pay next month. Just increase the price of our items and observe low sales and pay the monthly fees to eBay.

[accessoriesmasters]

EBAY IS NOT UNDERSTANDING THAT WHAT SELLER WILL GET IN PROFIT.

THANK GOD I DONT HAVE PAISPAY.

[snrama]

Hi skygiftworldwide,

No matter about the fee, But the service is going down these days.

Example:

Buyer wdm3d83 purchased a Kingmax MICRO SD Card - 128MB - with Adaptor (270183186884) from seller aaheliz. But the payment got credited to my PaisaPay account.

Today I was checking the payments and found this:

wdm3d83( 1 )
04-Nov-2007 (Transaction Date)
Rs. 17.87 (Service Fee)
Rs. 380.13 (Amount)

Kingmax MICRO SD Card - 128MB - with Adaptor (270183186884)
PaisaPay ID 20644068798

Here, I am the third person who is getting the money. Now I am in process of checking each and every payments so that my product payments has not gone to other seller.

PaisaPay need to look at this matter and resolve the issue. ---------------
With Regards,
Navaneeth (snrama) 😉

[skygiftworldwide]

Hi Navaneeth,

It is too serious matter. PaisaPay should resolve this problem soon. It will be a great problem for both buyers and sellers. The process of refund in PaisaPay too is a long process and time taking. How will you refund this transaction to the other seller or buyer?

[snrama]

Hi skygiftworldwide,

I have contacted the PaisaPay team over phone about this issue and requested them to resolve the issue at the earliest.

I have also mailed the PaisaPay team to refund/resolve the issue (but still no reply :-(). ---------------
With Regards,
Navaneeth (snrama) 😉

[bestofkashmir]

When a company (Ebay in this case) introduces itself at a foreign location, local talent cannot be ignored and PaisaPay is a local concept, we can't deny that. But the technology it incorporates should have been similar to PayPal (World's top ranked online payment system) which strangely has not been the case. So we tend to see it getting worse from time to time.
Even a basic feature like 'Easy Refund' (available upto 60 days from date of payment on PayPal) is not attached to PaisaPay, not to talk about 'withdrawal' (at your own will). How much sense does the UNCONTROLLED sytem of sending weekly cheques make?
The improvements that PayPal has been making over the past 6 months or so (towards helping Ebay India users) (Withdrawing funds to Credit Card, Bank account) makes me wonder how things would have been like, had Ebay India marketed PayPal alongside PaisaPay (like so many other Ebay sites around the WORLD).