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View Full Version : PayPal Saver - HostBill addon to save money on paypal fees


HostBill
12-23-2009, 02:47 PM
We're happy to announce that first of many to come HostBill addons shown up.

PpalSaver - is free addon created to help you saving money spent on PayPal fees.


Problem - Everyone who run hosting business and use PayPal as payment processor is aware of two facts:
- PayPal charge high fees for every transaction
- clients are not decided in most cases and make orders not at once but few times.

In result of that situations where single client having one invoice following other in short period is common. For example clients pays for invoice for account and two days after that payment for addon comes in - you pay PayPal fees twice - every month.


Solution is simple - HostBill + PpalSaver!


Savings Example:
Paypal fees for small transactions $0.00 USD - $3,000.00 USD
2.9% + $0.30 per transaction

You are selling:
- php-hosting $12USD/month.
- Addon: Bandwidth $3USD/month

If a person sends you: $12.00 USD
Your PayPal fees would be: $0.65 USD
And you would receive: $11.35 USD

when client has ordered additional bandwidth ($3USD/monthly)

If a person sends you: $3 USD
Your PayPal fees would be: $0.36 USD
And you would receive: $1.64 USD

So fee is
monthly $0.65USD + $0.36USD = $1.01USD

annualy $1.01USD x 12= $12.12USD


with PpalSaver:

Two invoices are merged into one $15USD:
If a person sends you: $15.00 USD
Your PayPal fees would be: $0.74 USD
And you would receive: $14.26 USD


montly fees $0.74USD
annualy fees $8.88USD


You will save $3.24USD/year. With 1000 similar accounts you save $3240/year.


For more details visit: http://forum.hostbillapp.com/showthread.php?t=30