Fee news and trends

PayPal Changes Seller Refund Fee Policy
eCommerce // September 22, 2019

PayPal has decided to once again collect a fee when a seller issues a refund. While the company had rolled back the policy in April, it has decided to reinstate collecting the initial 2.9 percent commission fee sellers give up during a transaction, even when...

Alipay Will Charge Fees For Repayment By Credit Card
Consumer Finance // February 21, 2019

Mobile payment company Alipay is going to start charging a fee of 0.1 percent to customers who use the service to decrease their credit card debt, according to a report in The Wall Street Journal. The move is an effort to handle increasing costs for the...

Quick Reads
NYC OKs Delivery Fee Caps

May 14, 2020
The New York City Council doesn’t want to let food delivery apps charge restaurants too much for delivery fees, as it voted to put a cap on the fees. On Wednesday (May 13), the Council voted to cap fees from the apps for restaurants at 15 percent. The law still needs to be signed by […]

PayPal Changes Seller Refund Fee Policy

September 22, 2019
PayPal has decided to once again collect a fee when a seller issues a refund. While the company had rolled back the policy in April, it has decided to reinstate...

Alipay Will Charge Fees For Repayment By Credit Card

February 21, 2019
Mobile payment company Alipay is going to start charging a fee of 0.1 percent to customers who use the service to decrease their credit card debt, according to a report in...