Originally posted by Alfisti I am sure I am not the only one that winces at the rather absurd fees Paypal collects when we exchange money with each other.
Is it possible for us as a group to agree on an alternative money exchange site that does not dry bend us over a barrel?
money order at bank: 6.50
certified cheque: 6.50
typical postage, 0.51-0.95 cents
typical fees for credit card transations if you are a retailer: 2.5~3.5% (less if you become a member of the canadian chamber of commerce)
i think for the average transaction the fees are very reasonable for the level of convenience offered.