Posts Tagged ‘paypal’

If you see PAYPAL *PERCEPTUS on your credit card bill…

Monday, July 18th, 2011

Just a quick reminder, we use PayPal to handle our credit card transactions for, our survey service,, our Ivy DSL services,  and other one-off items.  When these transactions appear on your credit card statements, they will show as PAYPAL *PERCEPTUS.  Surprisingly, out of thousands of transactions, we’ve only had one or two people not recognize a payment to us.

Anyway, this post will hopefully be picked up by search engines to help future customers more easily recognize a payment to Perceptus via PayPal.  We’ll eventually post this on our corporate website too.

PayPal Changes it’s Canadian Pricing

Sunday, June 8th, 2008

I read some good news for small businesses in Canada who use PayPal to receive credit card payments.  The transaction costs have dropped by $0.25.  I’m happy, especially since our transactions upgrade price for Premium access price is currently $10 so percentage wise, the extra $0.25 has a noticeable benefit on our margins. *

The percentage that PayPal takes also drops if you’ve gone past the 3000 per month bracket.

In my humble opinion, PayPal is now an even better deal for small scale web sites. The threshold where I would spend the time and money to move to a merchant account with a bank just got bumped up by a lot.  I’ve helped set up a “proper” merchant account for a client in the past, and it’s not fun nor cheap.  And programming for PayPal is really nice in comparison.

Also note that the entry level currency conversion for Canadians at 2.5% still stinks.

At Perceptus, we use a US based USD chequing account through RBC Centura where we withdraw our funds in USD.  Then we either convert to CAD with the somewhat better bank exchange rate, or we pay Leonard in USD to avoid exchange costs altogether.

The PayPal blog post is here:

* Hmm… what’s with that emphasis on the word “currently”?