As many of you may know, PayPal has announced they are increasing their fees in early August.
You can read about it here:
This will increase the PayPal fees our artists pay for selling their work by at least 50% and what we will pay on our membership fees by 65%, which is about 50 cents more per member per month.
In response, we are planning to offer, at least, two new payment options - Amazon Pay and direct credit card payment - both for artists to pay their membership fees and for buyers to pay our artists for their art. Both options have fees that are the same as PayPal’s are before the increase.
We have not increased our membership fee from $12.95 for the last 10 years and we don’t intend to. Instead, we are planning to give our artists the option of switching over to Amazon or direct credit card payment to pay their membership fee. Then, we would pass on the PayPal fee increase of 50 cents to the artists who chose to continue to pay with PayPal.
This is all still in the planning stage and so I would very much appreciate any feedback.
- Would paying your membership fee through Amazon Pay or directly by credit card be positive options?
- Does us passing on the PayPal fee increase to only those who continue to pay by PayPal seem fair?
- Would you welcome accepting buyer payments another way than through PayPal?
- Are there any other payment options you would like to see?