Sunday, August 1, 2010

PayPal and American Express (AMEX)

The Redlich Law Firm no longer accepts American Express through PayPal. I logged into my PayPal account today. There was a notice that, going forward, AMEX transactions will require a higher fee of 3.5% of the transaction, plus 30 cents per transaction.We currently pay 2.2% of the transaction plus 30 cents, so on a $1000 fee, we pay $22.30. If we agreed to the 3.5% rate, we would be paying $35.30

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