Hi- Just a thought on how the payment system works: As of right now, the buyer pays Middleman and there's a tax + Middleman fee which takes away about 10%. That's ok, but then when the payment is sent to the seller, it's once more sent as a payment for goods, so then there's an additional tax. All in all I've lost up to 20% of my payment on some orders so I was wondering if there was a way around this? Maybe when forwarding to the seller (especially through paypal) sending the money as Friends/Family? Sent from my iPhone using Tapatalk
We already have plans for this and this was discussed already in another thread. 95% of our payment methods don't charge buyers any fees. We are intending to add more payment methods to drop fees as well overall. Obviously the biggest thing is we need buyers to stop paying us through risky payment options but it's the buyers choice in the end and we can't restrict them from paying using a certain payment method.
Is there an option to pay as a buyer or get paid as a seller via a wire transaction? Sent from my iPhone using Tapatalk
I'm going to have a tough time answering this question so may need @Middleman help here but I will do my best. For sellers, if they want a bank transfer option. In the US, we can send bank to bank via Direct Deposit. We have no restrictions with this. In the Philippines, we can also send bank to bank via 3rd party service. We have no restrictions with this. For other countries, we recommend a 3rd party service. However, @Middleman is currently getting setup to offer bank to bank transfers for most countries as they are adding many new payment options for sellers and buyers soon.
Alright I'm sure most of us, including me, are in the US so I'll try to use that method then. Sent from my iPhone using Tapatalk