I fucks with eBay directly and by extension through my use of PayPal since eBay own’s that website. PayPal is a convenient way to trade money for goods and services because the website looks so damn officious.
Quiet as shit is kept PayPal is also a bastion for thieves who have figured ways to manipulate that system as well. I’ve learned my lesson the hard way that you had better keep your tracking slips and shipping receipts for a few months after a transaction so that in case your buyer files a complaint you won’t get your account shut down.
eBay makes a grip off handling people’s money through the PayPal service. So much so they have decided to mandate a PayPal account for ALL of their users beginning in October. I feel a kind of way about this news. Checks, and by extension, checking accounts are being phased out of consumer transactions. Debit cards, with the function as credit cards are the norm for most people’s transactions, mine included. Cash is now firmly holding the stigma as the method of payment for only poor folks.
The truth is that I would use cash if I wasn’t so poor my damn self. I have $25 in my account before payday and I will be damned if I give $2 of that away to another banking institution as a transaction fee. Keep in mind that my bank will also be taking $1.50 of that total for their “out of network” fee. reminds me of the time I only had $21.48 in my account and I did an inquiry from a bank that didn’t hold my account. The bank charged me $1.50 and that dipped my balance below the $20 mark so I couldn’t even make a withdrawl when I did get to my bank’s ATM.
As shit gets more fucked the fuck up economically we need to be vigilant for all of these services that extract fees for no good gotdamn reason. These banking bastards be charging us to hold our money. At least a check cashing spot tells you what they are going to take from you the second you walk across the threshold. These banks and fake ass financial services companies live off the people that don’t read the fine print. I’m one of those people. Not so much anymore since the fine print is all I have to read other than the negative balances in my account.