Quote from: Boelens on April 28, 2013, 07:27:21 PM

Quote from: Philb on April 28, 2013, 06:36:45 PM

Seems like a lot of demand using paypal. I am in the process of creating a marketplace/escrow service to ensure safety and prevent fraud but I am wondering what type of fee and minimum transaction I would need to do to make it worth my time.

Would you be willing to pay 5% fee to be able to buy using paypal?

The fee's won't matter, the main problem with PayPal is is that chargebacks are extremely easy to do. It's hard to take measurements, except to put limits early on or without verification, but that only annoys users and is a lot more trouble. An exchange via PayPal is hard, and it'll all depends if you'll earn more over the chargebacks.

Well the way the service will work is buyer sends funds via gift to the company, seller sends coins to company. Once both have been received then company sends to both parties. If transaction is not complete in 24hrs, it will be cancelled. Being that it was sent via gift, I don't think the buyer can do a charge back.

Because it will be a manual process on my end, receiving and sending out I am trying to think of a fee that is reasonable but also worth my time.