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[Written on June 10, 2009]
More about using Paypal with Abundant Living System
As you know, using Paypal services are not free. Paypal charges fees for money a person receives regardless of what the money is for. You can use Paypal in the Abundant Living System. It's up to you if you want to ask your prospects to cover the Paypal fees. I see nothing wrong for asking extra to cover the fee. After all, you would have to pay a "fee" [post office that is] if you were to actually send the cash inan envelop overnight or 2 day air. I see Paypal and other electronic systems as a way of saving yourself the hassle and trip to the post office. Not to mention that you save yourself some money in "overnight fees".
It took me an hour to do these mathematical calculations as you will see in the charts below. It does not take a "wiz" to do them. The highest math class I completed was Calculus. That was a long time ago in a faraway, distant memory. Anyway, the calculations below are based on the 2.9%+$0.30 fee Paypal charges for receiving money. Now mind you, that fee is based on USA Paypal users. The international fee costs associated with Paypal, you will have figure and find out for yourself as I don't know what the international currency and rates are for international users. All I know is that the cost of the Paypal fee is different for each country. And I only know what the cost of Paypal usage is for the USA.
The first chart below is based on if you were to ask [nicely perhaps?] your prospects to cover the Paypal fee [keep in mind it's based on the based on the 2.9%+$0.30 fee charged to USA users]:
Level |
Amount to Paypal |
Paypal Fee |
| $75 | $77.55 | $2.55 |
| $150 | $154.79 | $4.79 |
| $250 | $257.78 | $7.78 |
| $500 | $515.25 | $15.25 |
| $1,000 | $1,030.18 | $30.18 |
| $2,500 | $2,575.55 | $75.55 |
| $3,500 | $3,604.85 | $104.85 |
| $5,000 | $5,149.64 | $149.64 |
| $7,500 | $7,724.31 | $224.31 |
| $10,000 | $10,298.98 | $298.98 |
| $12,000 | $12,358.71 | $358.71 |
As you can see, up to the $1,000 level, your prospects would actually save money, time, hassle and trouble of going to the post office. The average cost of sending a small package overnight to anyone in the USA is around $30.00-$40.00, depending on which courier is being used.
The second chart below is based on if you didn't ask your prospects to cover the Paypal fee [keep in mind it's based on the based on the 2.9%+$0.30 fee charged to USA users]:
Level |
Amount you get |
Paypal Fee |
| $75 | $72.53 | $2.47 |
| $150 | $145.35 | $4.65 |
| $250 | $242.45 | $7.55 |
| $500 | $485.20 | $14.80 |
| $1,000 | $970.70 | $29.30 |
| $2,500 | $2,427.20 | $72.80 |
| $3,500 | $3,398.20 | $101.80 |
| $5,000 | $4,854.70 | $145.30 |
| $7,500 | $7,282.20 | $217.80 |
| $10,000 | $9,709.70 | $290.30 |
| $12,000 | $11,651.70 | $348.30 |
Like I said, it's up to you if you want to ask your prospects to cover the Paypal fees. Paypal may be the way to go for international users wanting to join the Abundant Living System. You save yourself a trip to the post office, plus sending anything out through the post office [or whatever carrier name you want to insert here] internationally is costly. Not to mention having to deal with "customs forms" for certain countries.
I've been a Paypal user since Paypal's existence. I do remember back then at the time all the naysayers saying how Paypal wouldn't survive or last long. Like it or not, Paypal is still here folks. And Paypal still has it where you can receive up to $1,000 for each new person that you refer to Paypal. And for each new person that you have sign up to use Paypal, you receive 0.5% of their payment volume - up to $1,000.00.
So in addition to spreading the word on the Abundant Living System, you can also spread the word on Paypal. Just remember to keep some warnings about Paypal in mind. With some wisdom, you won't have to worry about having a "Paypal Nightmare".