As of today this website has sold a total of $46.05 of advertisements - so I wanted to do a little bit of digging to see exactly how much PayPal is taking for service fees!

For the $46.05 of advertisements I sold, PayPal took a total of $4.42.

So once I reach my goal of $1 million PayPal will take $95,982.63 in service fees based on how they have charged me so far.

I could use any provider like 2Checkout or Google Checkout and lower the fees. I use PayPal because from my research in internet marketing it converts better and they provide an excellent service. Wish Marketing Experiments would do an experiment on this.

Plus I do not mind help boosting eBay’s shares since Peter Thiel has a nice chunk of shares since he sold PayPal to eBay for $1.5 billion. It is pretty cool that Peter Thiel invested $3.5 million to Aubrey de Grey’s Methuselah Mouse Prize to help combat aging. Here is Aubrey’s video from TED:

This entry was posted on Wednesday, February 27th, 2008 at 10:49 pm and is filed under Ramblings, Technology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.