Re: My finances for working on LilyPond

[Chris Yate]

Yes, naturally PayPal takes commission. So does your bank, any credit card provider, WorldPay or Moneygram or any other similar service. However, PayPal is secure and reliable enough for Amazon and a huge number of online stores to be happy using it, not to mention charitable organizations that benefit from it being so convenient for spur-of-the-moment donations!

As I understand it, there are some differences in the commission payable for sending money to a friend vs buying a thing, but I've not looked into it for a couple of years. We were investigating it for managing our orchestra subs - I think it was about £1.30 for a £40 subscription payment.

Sure they do probably evade/avoid tax. I've given up worrying too much about that, because I don't want to live my life completely off the grid ;-)

I don't work for them or anything, I just don't understand the paranoia. Your choice as ever whether you use them.

Anyway, this is probably OT.

Cheers, Chris

On 24 Oct 2015 07:21, "Michael Gerdau" <address@hidden> wrote:

> I suggest David, or one of the other project owners set up a Paypal
> account that we can easily fire money off to from anywhere in the world,
> anonymously.

Paypal ?

I would NEVER pay via Paypal unless it would be absolutely crucial for
me and there were no other options.

For once to my knowledge Paypal does take a huge amount of the paid
money. I've been told it is 1/3 on small amounts but that is only
hearsay, albeit I've been told this by a person to whom I once tried
to send money via Paypal. In the end we worked out something different.

The other thing is payment definitely is NOT anonymously.

Last not least at least in europe they try to escape normal banking
regulations by cherry picking their business site, evading national
legislation etc.

Ever tried to sue Paypal from Germany because you felt they are doing
you wrong ?
Good luck - they are based in Luxembourg. You've got to sue them there.

Paypal ? No, Never.

Kind regards,
Michael
--
 Michael Gerdau       email: address@hidden
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