PayPal adds “non-discouragement” clause to their User Agreement

Re:PayPal adds “non-discouragement” clause to their User Agr... by throwawaydbfif on Saturday February 11, 2017 @06:06PM (#13625404)

I can't believe PayPal and the credit card cartels can get away with this shit. Card fees eat up an astounding amount of profit from low margin items, retailers should be able to encourage whatever payment method they want.

If customers knew how much they were actually paying to these card companies indirectly (thousands of dollars a year) most people would switch to cash

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Re:PayPal adds “non-discouragement” clause to their User Agr... by nayuki on Saturday February 11, 2017 @06:17PM (#13625451)

True. At the same time, don't forget that banks charge business a small fee to deposit cash into their bank account. For example: https://www.tdcanadatrust.com/products-services/small-busine...

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Re:PayPal adds “non-discouragement” clause to their User Agr... by csdreamer7 on Saturday February 11, 2017 @11:24PM (#13626716)

That's for Canada. In the US I have seen a lot of business checking accounts accept the few bunch of checks for free. ACH transfers are unlimited.

They even fee cash and coin deposits. I have never had a bank charge a fee for cash (or coin) deposits.

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Re:PayPal adds “non-discouragement” clause to their User Agr... by tveita on Sunday February 12, 2017 @09:44AM (#13628531)

In Canada the Interac debit card network has transaction fees on the order of a few cents. It's crazy how much money US payment processors manage to skim off.

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Re:PayPal adds “non-discouragement” clause to their User Agr... by throwawaydbfif on Tuesday February 14, 2017 @10:48PM (#13649537)

It's crazy that having a couple huge companies that silently collude to maintain their existing market share somehow isn't antitrust

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