Hi friends,
I just upgraded the [EMAIL PROTECTED] PayPal account to display the
'business name' BuyOrganic.org instead of Jeb Bateman, and registered
for inclusion in PayPal shops (2-3 days from now) under...
"Food > General" and "Health > General."
Although, I think "Food > Services" and "Business > Agriculture" might
have been better (less crowded) choices. (I'll find out if we can
change categories later.)
Anyway, the only reason I haven't done this sooner is because I
figured it would be best to register a DBA with the city if operating
under a ficticious name. I believe that costs $10, but I don't know
if a seperate business license is also required. I'll find out.
Also, I just found out that PayPal is changing their fee structure
*again* for Premier/Business accounts. This time to 2.2% + .30 on all
transactions, which means our cost + 5% begins to loose money at
payments under $10.71. So, I'm thinking we'll have to create a $1
minimum markup, (for payments under $20). To give you an idea of how
little we actually make on the 5% deal, Laurel just made a $37.66
payment, of which $1.79 was the 5% portion. The PayPal fee was 2.2% +
.30 = $1.13. (So, we got only $0.66 of the $1.79 extra she paid...)
The way around this, (so that the buying club fund can actually grow
at a rate closer to the 5% people are paying), is to have a member
with a 'personal' PayPal account (no fees), collect the payments, and
then simply send the 5% portion in a lump sum to the buying club,
(after paying Leigh the invoice total). Anyway, that's what the Group
Money Request from Karinn will be for. (Using the quick payment form
is still okay if you prefer, but costs more to the club that way.)
Anyway, this is probably more information than anyone wanted to know.
I'll try to put it up on the wiki somewhere for better reference...
Regards,
-jeb
----- Forwarded message from [EMAIL PROTECTED] -----
From: [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Subject: [Co-op] Thank you for upgrading your PayPal account!
Date: Wed, 27 Jun 2001 16:12:29 -0700
Dear BuyOrganic.org,
Thank you for upgrading to a PayPal Business Account!
As a Business Account member, you will receive all
of PayPal's premium features. In addition, you can receive unlimited
payments from other PayPal members.
You can use PayPal to transact with anyone that has email -- even if
they don't already have a PayPal account! Better yet, you can also
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to explain how PayPal works. Each time someone signs up for an account
and completes the Refer-a-Friend requirements, we'll give you a $5 BONUS!
* * * * * * * * * * * * * * * * * * * *
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----------------------------------------------
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*********************************************************************
PAYPAL SECURITY REMINDERS
Protect Your Password
PayPal and its representatives will NEVER ask you to reveal your
password. There are NO EXCEPTIONS to this policy. If anyone asks for
your password by phone or by email, or on any website other than
PayPal.com, refuse and immediately report this to [EMAIL PROTECTED]
Email Links and Logging In
If you are logging in to your PayPal account after clicking a link
in an email or clicking on a logo, make sure the URL appearing in
your browser window begins with https://www.paypal.com.
*********************************************************************
_______________________________________________
http://buyorganic.org/mailman/listinfo/co-op
----- End forwarded message -----
