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| | | Author: | an3  | | Posted: | Aug 27, 2012 06:32 | | Subject: | Fee payment in Euro | | Viewed: | 164 times | | Topic: | Suggestions | | Status: | Open | | Vote: | [Yes|No] | |
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| Hi all,
I've had this idea some time ago and didn't see a reason why it shouldn't be
possible: Why isn't Bricklink opening an 2nd PayPal Account in Europe, to let
the sellers pay directly in Euro and to save losses
a) due to the bad paypal conversion rate and
b) due to higher paypal taxes for international transactions
As a lot of sales is done in Euro it would be a very good opportunity to let
the european sellers pay their fees in Euro.
Of course I'm aware of the fact that BrickLink needs his money in USD, but i
suppose it would me more rentable to let the sellers pay in Euro and to exchange
the money by the bank exchange rates.
As a seller I got to handle this problem by letting people pay in USD, so I can
use that money for BrickLink fee payments. Nevertheless I suppose that other
sellers from EU accepting just Euro have to pay the bad conversion rate paypal
gives them (if not paying directly by credit card in USD, of course). But in
fact this suggestion should be of use especially for BrickLink itself.
I'd like to know what you are thinking about this.
Best regards
Andrei
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| | | | | Author: | tomte | | Posted: | May 18, 2014 12:30 | | Subject: | Re: Fee payment in Euro | | Viewed: | 52 times | | Topic: | Suggestions | |
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| In Suggestions, an3 writes:
| | Hi all,
I've had this idea some time ago and didn't see a reason why it shouldn't be
possible: Why isn't Bricklink opening an 2nd PayPal Account in Europe, to let
the sellers pay directly in Euro and to save losses
a) due to the bad paypal conversion rate and
b) due to higher paypal taxes for international transactions
As a lot of sales is done in Euro it would be a very good opportunity to let
the european sellers pay their fees in Euro.
Of course I'm aware of the fact that BrickLink needs his money in USD, but i
suppose it would me more rentable to let the sellers pay in Euro and to exchange
the money by the bank exchange rates.
As a seller I got to handle this problem by letting people pay in USD, so I can
use that money for BrickLink fee payments. Nevertheless I suppose that other
sellers from EU accepting just Euro have to pay the bad conversion rate paypal
gives them (if not paying directly by credit card in USD, of course). But in
fact this suggestion should be of use especially for BrickLink itself.
I'd like to know what you are thinking about this.
Best regards
Andrei
|
Hi Andrei,
the idea should be considered. The investment mother company of BrickLink has
operations in Belgium so they could then also offer to pay BL fees for EU members
in Euro with SEPA.
This saves EU members to convert into USD and saves 5 % paypal Fee.
kind regards,
Stefan
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| | | | | | | Author: | albumman | | Posted: | May 18, 2014 12:32 | | Subject: | Re: Fee payment in Euro | | Viewed: | 39 times | | Topic: | Suggestions | |
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| In Suggestions, tomte writes:
| | In Suggestions, an3 writes:
| | Hi all,
I've had this idea some time ago and didn't see a reason why it shouldn't be
possible: Why isn't Bricklink opening an 2nd PayPal Account in Europe, to let
the sellers pay directly in Euro and to save losses
a) due to the bad paypal conversion rate and
b) due to higher paypal taxes for international transactions
As a lot of sales is done in Euro it would be a very good opportunity to let
the european sellers pay their fees in Euro.
Of course I'm aware of the fact that BrickLink needs his money in USD, but i
suppose it would me more rentable to let the sellers pay in Euro and to exchange
the money by the bank exchange rates.
As a seller I got to handle this problem by letting people pay in USD, so I can
use that money for BrickLink fee payments. Nevertheless I suppose that other
sellers from EU accepting just Euro have to pay the bad conversion rate paypal
gives them (if not paying directly by credit card in USD, of course). But in
fact this suggestion should be of use especially for BrickLink itself.
I'd like to know what you are thinking about this.
Best regards
Andrei
|
Hi Andrei,
the idea should be considered. The investment mother company of BrickLink has
operations in Belgium so they could then also offer to pay BL fees for EU members
in Euro with SEPA.
This saves EU members to convert into USD and saves 5 % paypal Fee.
kind regards,
Stefan
|
I wish they would, because skrill/moneybookers is even more difficult to deal
with than paypal, and bank transfers are outrageously expensive to US users,
but I know the regulation barriers are formidable.
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| | | | | | | Author: | Brickwilbo | | Posted: | May 18, 2014 12:53 | | Subject: | Re: Fee payment in Euro | | Viewed: | 40 times | | Topic: | Suggestions | |
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| In Suggestions, tomte writes:
| | In Suggestions, an3 writes:
| | Hi all,
I've had this idea some time ago and didn't see a reason why it shouldn't be
possible: Why isn't Bricklink opening an 2nd PayPal Account in Europe, to let
the sellers pay directly in Euro and to save losses
a) due to the bad paypal conversion rate and
b) due to higher paypal taxes for international transactions
As a lot of sales is done in Euro it would be a very good opportunity to let
the european sellers pay their fees in Euro.
Of course I'm aware of the fact that BrickLink needs his money in USD, but i
suppose it would me more rentable to let the sellers pay in Euro and to exchange
the money by the bank exchange rates.
As a seller I got to handle this problem by letting people pay in USD, so I can
use that money for BrickLink fee payments. Nevertheless I suppose that other
sellers from EU accepting just Euro have to pay the bad conversion rate paypal
gives them (if not paying directly by credit card in USD, of course). But in
fact this suggestion should be of use especially for BrickLink itself.
I'd like to know what you are thinking about this.
Best regards
Andrei
|
Hi Andrei,
the idea should be considered. The investment mother company of BrickLink has
operations in Belgium so they could then also offer to pay BL fees for EU members
in Euro with SEPA.
This saves EU members to convert into USD and saves 5 % paypal Fee.
kind regards,
Stefan
|
When paying with SEPA we would expect a discount for saving the Paypalfee. 
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| | | | | | | Author: | 1977_mauro | | Posted: | May 18, 2014 13:05 | | Subject: | Re: Fee payment in Euro | | Viewed: | 65 times | | Topic: | Suggestions | |
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| If you mean saving of 5% paypal fees for BrickLink, trust me, they don't
need to pay 5%...
Mauro
In Suggestions, tomte writes:
| | In Suggestions, an3 writes:
| | Hi all,
I've had this idea some time ago and didn't see a reason why it shouldn't be
possible: Why isn't Bricklink opening an 2nd PayPal Account in Europe, to let
the sellers pay directly in Euro and to save losses
a) due to the bad paypal conversion rate and
b) due to higher paypal taxes for international transactions
As a lot of sales is done in Euro it would be a very good opportunity to let
the european sellers pay their fees in Euro.
Of course I'm aware of the fact that BrickLink needs his money in USD, but i
suppose it would me more rentable to let the sellers pay in Euro and to exchange
the money by the bank exchange rates.
As a seller I got to handle this problem by letting people pay in USD, so I can
use that money for BrickLink fee payments. Nevertheless I suppose that other
sellers from EU accepting just Euro have to pay the bad conversion rate paypal
gives them (if not paying directly by credit card in USD, of course). But in
fact this suggestion should be of use especially for BrickLink itself.
I'd like to know what you are thinking about this.
Best regards
Andrei
|
Hi Andrei,
the idea should be considered. The investment mother company of BrickLink has
operations in Belgium so they could then also offer to pay BL fees for EU members
in Euro with SEPA.
This saves EU members to convert into USD and saves 5 % paypal Fee.
kind regards,
Stefan
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| | | | | | | Author: | brick_projects | | Posted: | Sep 18, 2015 03:48 | | Subject: | Re: Fee payment in Euro | | Viewed: | 40 times | | Topic: | Suggestions | |
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| In Suggestions, tomte writes:
| | In Suggestions, an3 writes:
| | Hi all,
I've had this idea some time ago and didn't see a reason why it shouldn't be
possible: Why isn't Bricklink opening an 2nd PayPal Account in Europe, to let
the sellers pay directly in Euro and to save losses
a) due to the bad paypal conversion rate and
b) due to higher paypal taxes for international transactions
As a lot of sales is done in Euro it would be a very good opportunity to let
the european sellers pay their fees in Euro.
Of course I'm aware of the fact that BrickLink needs his money in USD, but i
suppose it would me more rentable to let the sellers pay in Euro and to exchange
the money by the bank exchange rates.
As a seller I got to handle this problem by letting people pay in USD, so I can
use that money for BrickLink fee payments. Nevertheless I suppose that other
sellers from EU accepting just Euro have to pay the bad conversion rate paypal
gives them (if not paying directly by credit card in USD, of course). But in
fact this suggestion should be of use especially for BrickLink itself.
I'd like to know what you are thinking about this.
Best regards
Andrei
|
Hi Andrei,
the idea should be considered. The investment mother company of BrickLink has
operations in Belgium so they could then also offer to pay BL fees for EU members
in Euro with SEPA.
This saves EU members to convert into USD and saves 5 % paypal Fee.
kind regards,
Stefan
|
Hi is there any news on this ? I fully agree there should be an IBAN option for
EU-sellers. BrickLink can then opt to convert to USD at a time of favorable exchange
rates. It's a win-win. Or use the money to pay the Belgian venture capitalists.
Please please BL 2.0, include this 
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| | | | | Author: | Teup | | Posted: | Sep 18, 2015 08:12 | | Subject: | Re: Fee payment in Euro | | Viewed: | 35 times | | Topic: | Suggestions | |
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| In Suggestions, an3 writes:
| | Hi all,
I've had this idea some time ago and didn't see a reason why it shouldn't be
possible: Why isn't Bricklink opening an 2nd PayPal Account in Europe, to let
the sellers pay directly in Euro and to save losses
a) due to the bad paypal conversion rate and
b) due to higher paypal taxes for international transactions
As a lot of sales is done in Euro it would be a very good opportunity to let
the european sellers pay their fees in Euro.
Of course I'm aware of the fact that BrickLink needs his money in USD, but i
suppose it would me more rentable to let the sellers pay in Euro and to exchange
the money by the bank exchange rates.
As a seller I got to handle this problem by letting people pay in USD, so I can
use that money for BrickLink fee payments. Nevertheless I suppose that other
sellers from EU accepting just Euro have to pay the bad conversion rate paypal
gives them (if not paying directly by credit card in USD, of course). But in
fact this suggestion should be of use especially for BrickLink itself.
I'd like to know what you are thinking about this.
Best regards
Andrei
|
YES, nice one
and
3) Business expenses in $ are annoying for administration reasons, you need to
keep check of the exchange rate of the moment of payment every time (if it comes
from a $ balance) to get your bookkeeping OK. I hate this...
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| | | | | Author: | Brettj666 | | Posted: | Sep 18, 2015 09:59 | | Subject: | Re: Fee payment in Euro | | Viewed: | 35 times | | Topic: | Suggestions | |
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| I don't know if there are some issues with Bricklink, but I'll ask the
obvious question.
Is there an advantage for Bricklink to do this?
I mean, I don't think I've seen a European seller say "I'm packing
up shop because I can't pay my fees in EU"
So, they aren't at risk of losing business, are they?
it's not like sellers can claim they can't compete.
If the conversion fees are (say) 2%, then it's 2% of 3%, or .06% 6 cents
on $100 of every sale.
If they do it for the EU, do they do it for Pounds, Canadian dollar, Australian
dollar. It was set up as a US $ because Dan was in the US, and his parents after
that.
If you say it helps with your accounting, can't literally everyone say that?
Now, if I were running Bricklink, I may consider it because of all the sellers
in the EU, but I wouldn't be ignorant of the fact that if someone can say
"well, you did it for them, why not us" they will.
Do I want to set that precedent.. maybe not.
In Suggestions, an3 writes:
| | Hi all,
I've had this idea some time ago and didn't see a reason why it shouldn't be
possible: Why isn't Bricklink opening an 2nd PayPal Account in Europe, to let
the sellers pay directly in Euro and to save losses
a) due to the bad paypal conversion rate and
b) due to higher paypal taxes for international transactions
As a lot of sales is done in Euro it would be a very good opportunity to let
the european sellers pay their fees in Euro.
Of course I'm aware of the fact that BrickLink needs his money in USD, but i
suppose it would me more rentable to let the sellers pay in Euro and to exchange
the money by the bank exchange rates.
As a seller I got to handle this problem by letting people pay in USD, so I can
use that money for BrickLink fee payments. Nevertheless I suppose that other
sellers from EU accepting just Euro have to pay the bad conversion rate paypal
gives them (if not paying directly by credit card in USD, of course). But in
fact this suggestion should be of use especially for BrickLink itself.
I'd like to know what you are thinking about this.
Best regards
Andrei
|
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| | | | | | | Author: | Teup | | Posted: | Sep 21, 2015 12:31 | | Subject: | Re: Fee payment in Euro | | Viewed: | 28 times | | Topic: | Suggestions | |
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| Fair enough, you do have a point there. But why should America get the advantage?
And your point about whether someone would leave BL, you could extend this to
'what if BL would charge Europe 5% instead of 3% fees' and people would
stay too, but it doesn't mean that's the way to go. It's one factor
that could contribute to BL being potentially US-centric. It's being US-centric
if it focusses on auto check-out with Creditcard instead of bank transfers, and
they're STILLLLL not implemeting the part dimensions database for countries
that have volume restricted selling options. From what I've heard they're
very willing to make BL work well in other important corners of the world, so
that's nice. But if they don't, then yes, factors like these actually
contribute to me taking my business elsewhere.
I'm aware it's not fair to provide for the EU and not for other countries,
but I think it's at least something? The EU is a big part of BL turnover.
It wouldn't make much sense to me to make BL all US-centric just because
they can't cater 100% for every country in the world.. the EU is big, I would
be more annoyed by them not taking the EU into account, than for them not supporting
the local payment methods we have in this tiny country (although it's relatively
big business-wise ). And Australia for example isn't much bigger than
the NL.
In Suggestions, Brettj666 writes:
| | I don't know if there are some issues with Bricklink, but I'll ask the
obvious question.
Is there an advantage for Bricklink to do this?
I mean, I don't think I've seen a European seller say "I'm packing
up shop because I can't pay my fees in EU"
So, they aren't at risk of losing business, are they?
it's not like sellers can claim they can't compete.
If the conversion fees are (say) 2%, then it's 2% of 3%, or .06% 6 cents
on $100 of every sale.
If they do it for the EU, do they do it for Pounds, Canadian dollar, Australian
dollar. It was set up as a US $ because Dan was in the US, and his parents after
that.
If you say it helps with your accounting, can't literally everyone say that?
Now, if I were running Bricklink, I may consider it because of all the sellers
in the EU, but I wouldn't be ignorant of the fact that if someone can say
"well, you did it for them, why not us" they will.
Do I want to set that precedent.. maybe not.
In Suggestions, an3 writes:
| | Hi all,
I've had this idea some time ago and didn't see a reason why it shouldn't be
possible: Why isn't Bricklink opening an 2nd PayPal Account in Europe, to let
the sellers pay directly in Euro and to save losses
a) due to the bad paypal conversion rate and
b) due to higher paypal taxes for international transactions
As a lot of sales is done in Euro it would be a very good opportunity to let
the european sellers pay their fees in Euro.
Of course I'm aware of the fact that BrickLink needs his money in USD, but i
suppose it would me more rentable to let the sellers pay in Euro and to exchange
the money by the bank exchange rates.
As a seller I got to handle this problem by letting people pay in USD, so I can
use that money for BrickLink fee payments. Nevertheless I suppose that other
sellers from EU accepting just Euro have to pay the bad conversion rate paypal
gives them (if not paying directly by credit card in USD, of course). But in
fact this suggestion should be of use especially for BrickLink itself.
I'd like to know what you are thinking about this.
Best regards
Andrei
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| | | | | | | | | Author: | George_Lucy | | Posted: | Sep 21, 2015 12:47 | | Subject: | Re: Fee payment in Euro | | Viewed: | 31 times | | Topic: | Suggestions | |
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| If you want to make fair for all what about not allowing EU users to charge
paypal fees. I would love to not be charged any fees for my paypal account. I
could hire a full time employee for the fees we pay.
In Suggestions, Teup writes:
| | Fair enough, you do have a point there. But why should America get the advantage?
And your point about whether someone would leave BL, you could extend this to
'what if BL would charge Europe 5% instead of 3% fees' and people would
stay too, but it doesn't mean that's the way to go. It's one factor
that could contribute to BL being potentially US-centric. It's being US-centric
if it focusses on auto check-out with Creditcard instead of bank transfers, and
they're STILLLLL not implemeting the part dimensions database for countries
that have volume restricted selling options. From what I've heard they're
very willing to make BL work well in other important corners of the world, so
that's nice. But if they don't, then yes, factors like these actually
contribute to me taking my business elsewhere.
I'm aware it's not fair to provide for the EU and not for other countries,
but I think it's at least something? The EU is a big part of BL turnover.
It wouldn't make much sense to me to make BL all US-centric just because
they can't cater 100% for every country in the world.. the EU is big, I would
be more annoyed by them not taking the EU into account, than for them not supporting
the local payment methods we have in this tiny country (although it's relatively
big business-wise ). And Australia for example isn't much bigger than
the NL.
In Suggestions, Brettj666 writes:
| | I don't know if there are some issues with Bricklink, but I'll ask the
obvious question.
Is there an advantage for Bricklink to do this?
I mean, I don't think I've seen a European seller say "I'm packing
up shop because I can't pay my fees in EU"
So, they aren't at risk of losing business, are they?
it's not like sellers can claim they can't compete.
If the conversion fees are (say) 2%, then it's 2% of 3%, or .06% 6 cents
on $100 of every sale.
If they do it for the EU, do they do it for Pounds, Canadian dollar, Australian
dollar. It was set up as a US $ because Dan was in the US, and his parents after
that.
If you say it helps with your accounting, can't literally everyone say that?
Now, if I were running Bricklink, I may consider it because of all the sellers
in the EU, but I wouldn't be ignorant of the fact that if someone can say
"well, you did it for them, why not us" they will.
Do I want to set that precedent.. maybe not.
In Suggestions, an3 writes:
| | Hi all,
I've had this idea some time ago and didn't see a reason why it shouldn't be
possible: Why isn't Bricklink opening an 2nd PayPal Account in Europe, to let
the sellers pay directly in Euro and to save losses
a) due to the bad paypal conversion rate and
b) due to higher paypal taxes for international transactions
As a lot of sales is done in Euro it would be a very good opportunity to let
the european sellers pay their fees in Euro.
Of course I'm aware of the fact that BrickLink needs his money in USD, but i
suppose it would me more rentable to let the sellers pay in Euro and to exchange
the money by the bank exchange rates.
As a seller I got to handle this problem by letting people pay in USD, so I can
use that money for BrickLink fee payments. Nevertheless I suppose that other
sellers from EU accepting just Euro have to pay the bad conversion rate paypal
gives them (if not paying directly by credit card in USD, of course). But in
fact this suggestion should be of use especially for BrickLink itself.
I'd like to know what you are thinking about this.
Best regards
Andrei
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| | | | | | | | | | | Author: | FigBits | | Posted: | Sep 21, 2015 13:13 | | Subject: | Re: Fee payment in Euro | | Viewed: | 40 times | | Topic: | Suggestions | |
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| In Suggestions, George_Lucy writes:
| | If you want to make fair for all what about not allowing EU users to charge
paypal fees. I would love to not be charged any fees for my paypal account. I
could hire a full time employee for the fees we pay.
|
You can already add 3% to to every order if you want to.
--
Marc.
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Germany, Baden-Württemberg
USA, North Carolina
Netherlands, Gelderland
Belgium
Canada, Ontario
