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We charge you Japanese Yen directly to your PayPal or credit card. PayPal or credit card company will charge you your local currency. They use their own exchange rate. PayPal charge you % of exchange fee. Credit Card companies don't
Notjohn. I don't think the reasons for not using have anything to do with the IRS or the size of the Amazon empire. I think that it has Paypal charges a fixed fee per transaction+% of the total sum, depending on your account. The fixed fee is
We charge you Japanese Yen directly to your PayPal or credit card. PayPal or credit card company will charge you your local currency. They use their own exchange rate. PayPal charge you % of exchange fee. Credit Card companies don't
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You cannot accept payments with a button or invoicing unless you have a merchants account. I don't mind their fees, because PayPal like Amazon Marketplace, where I also sell books will sell Media Mail postage online. Any way you go if you use PayPal to get paid, you will pay. I think there is a minimum fee, so I might possibly have the same account you do, and it would show up more on a small purchase. I have kept a large balance in my checking account since interest rates went down to zero; I don't want to expose it to ATM theft. There would be no paper checks for anyone if we were paid through Amazon Payments. Lulu payments arrive to me without any deduction from paypal. Unlike Hitch, I try to keep my PayPal balance under a couple hundred dollars, because I have heard these stories of accounts being frozen mysteriously. It continues to go down from there. So for the relatively small amount of credit card transactions I have, it works well. I have often wondered how they do it, but thanks LULU for that. It's even a neat way to invoice people for small sums of money. And it's a neat way to pay people money--my cover artist, for example. I am not saying everyone should choose paypal, but like lulu they could offer that option. Generally, if you are going to give unsolicited advice to a business genius, it's best to get his name right, and to spell it correctly. For international sales, there is the 1. I imagine and organisation as large as Amazon could also use an Australian based service to pay me. I plump it up when I am traveling, because I also use PayPal as my ATM bank. When Google pay me, they do so from an Australian based agent so that there are no bank fees and no delays. Ebay may be the reason Amz doesn't use PayPal, but it's not the reason it doesn't use virtual money. I actually get some of that back, because I use the debit card to make purchases. Not rocket science, and very simple in the 21st century - but above all else, it would show respect to the businesses customers. Given Australia is one of the world's most prolific ebook buying countries, you would imagine they could figure this out.{/INSERTKEYS}{/PARAGRAPH} Just think of the thousands of authors it could drive to use that system instead of PayPal if it were willing to go that route! You can't do that with the US Postal Service, the oafs! When Lulu pays me, there is no fee of any kind. That's precisely why a virtual-money system would bring the IRS down on them. The fixed fee is 0. As for those who argue that an ITIN ought to excuse them from paper checks--hey! They make a transfer each month to their Australian subsidiary, who then make the EFT payments to each Australian based individual. I imagine Amazon could do this in all major markets where they have authors. Every time money goes into that account. The guys at KDP wouldn't know where you live! {PARAGRAPH}{INSERTKEYS}I believe that goes down slightly for a larger purchase. I would probably get nervous if most of my cash flow was passing through that account, but for my purposes, it works well.