PayPal update - Looking for alternatives
7 years ago
General
Sooo you're probably tired of hearing people complain about paypal by now lol, and tbh I've never had much of a problem with it, UNTIL just yesterday. I got an email communicating me about a soon-to-come update. I don't know if this is update is for everyone, or if it's just for brazilian users, but it might as well just fuck me over.
Starting april 21st, every money I receive on paypal will be immediately converted to BRL (accordingly to currency exchange rates + paypal fees) and that balance will no longer be available for international purposes. Meaning I can't use my paypal balance to buy commissions, merch, anything! I can still sell commissions for USD, but I can't buy anything anymore. If I want to spend that money, I'll need a credit card instead, and for each international purchase made with a credit card, there's some nasty fees included. So, if making purchases in USD wasn't already expensive enough (1 USD = 3,8 BRL), now it's getting EVEN WORSE. It's just gonna make me lose a whole lot of money every time I wanna buy something.
While that doesn't sound TOO bad, it's still really unnecessary and annoying, so I think it might be time to start considering other platforms for selling and buying art. I've heard people talk about many options, google wallet, payoneer, square, commiss.io, etc, but I haven't heard enough reviews about those. I'd really like to hear people's opinions and feedback, so I can hopefully find a reliable and quality service. I need something that works internationally similar to paypal, something that will allow me to keep a balance to use for international purchases, does currency exchange when necessary, and connects to my bank account to deposit and maybe withdraw money too. If you don't know much, please ask someone else who might have some experience with these services.
For now, I'll keep using paypal, and commissions will not be affected. If I do switch to another service, I'll be sure to let everyone know in advance. I know it's inconvenient, I'm really pissed off myself, but it might be necessary :/
Thanks for reading! Hope y'all are doing well.
Take care!
Starting april 21st, every money I receive on paypal will be immediately converted to BRL (accordingly to currency exchange rates + paypal fees) and that balance will no longer be available for international purposes. Meaning I can't use my paypal balance to buy commissions, merch, anything! I can still sell commissions for USD, but I can't buy anything anymore. If I want to spend that money, I'll need a credit card instead, and for each international purchase made with a credit card, there's some nasty fees included. So, if making purchases in USD wasn't already expensive enough (1 USD = 3,8 BRL), now it's getting EVEN WORSE. It's just gonna make me lose a whole lot of money every time I wanna buy something.
While that doesn't sound TOO bad, it's still really unnecessary and annoying, so I think it might be time to start considering other platforms for selling and buying art. I've heard people talk about many options, google wallet, payoneer, square, commiss.io, etc, but I haven't heard enough reviews about those. I'd really like to hear people's opinions and feedback, so I can hopefully find a reliable and quality service. I need something that works internationally similar to paypal, something that will allow me to keep a balance to use for international purchases, does currency exchange when necessary, and connects to my bank account to deposit and maybe withdraw money too. If you don't know much, please ask someone else who might have some experience with these services.
For now, I'll keep using paypal, and commissions will not be affected. If I do switch to another service, I'll be sure to let everyone know in advance. I know it's inconvenient, I'm really pissed off myself, but it might be necessary :/
Thanks for reading! Hope y'all are doing well.
Take care!
MNineU
~messatsugoufox
Commiss.io ?
TheRetroStoatedOne
~theretrovilatedone
While Ko-fi is mainly viewed as a patreon alternative enough artists are adopting it so maybe you can inquire about that with them whenever possible.
endosomatophile
~endosomatophile
last I knew ko-fi just uses paypal to process payments, maybe it's configurable but in my experience it is always payal
ShroomYeen
~shroomyeen
Ko-Fi is a Paypal product, yeah.
Unex
~unex
It's amazing how we Brazilians just keep getting screwed over in every possible way -_- Ugh...
Leeomon
~leeomon
OP
Forreal... Not only do I pay taxes for receiving money through paypal, now I'll have to pay even more taxes to spend this money??? I can't raise my commission prices even more to cover that shit, that's just dumb. Such an unnecessary change
FA+