Can you imagine how much $$ we as an industry are losing not using PayPal?

• April 29, 2009

Why Why WHY!!
PayPal is a business. Businesses want to make money. So WHY then is PayPal refusing us as an industry access to their millions of users and denying themselves 100s of millions of $$ ?
They could charge an extra high commission for adult transactions such as 20% and they would so easily cover any CB costs, we’d all be happy. Hell they could even charge a $5k application fee for adult merchants. Or do hold back, or whatever!
So why are they refusing? Is it regulation, religion, or just that they (Ebay) have too much money and just want to focus PayPal on Ebay.
Why doesn’t someone like CCBill or any of the big processing players fill the void by offering a P2P payment system that gets traction in mainstream as well as Adult.
There is so much money being lost by this industry from our exclusion by PayPal it makes me feel I’ll. We get so many customers emailing, putting in support calls etc etc "can I pay with PayPal"
Lots of questions, but this needs to be discussed by us as an industry. I can’t take it any longer!
Discuss.
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