Auctionbytes-NewsFlash, Number 469 - January 24, 2003 - ISSN 1539-5065
Previous Story |
| Next Story
c2it Online Payment Service Institutes Fees for Payment Senders
By Ina Steiner
AuctionBytes.com
Reading AuctionBytes: c2it Online Payment Service Institutes Fees for Payment Senders
c2it will institute fees for certain functions of its online payment service in mid-February. Previously it was free to use the service to send money domestically. Effective February 23, the company will charge 2% of the value of each transaction, with a 30-cent minimum. Since there is a limit of $500 a day on how much money can be sent, the maximum fee paid in one day by users will be $10 for using that feature. It is still free to "get cash" and "transfer cash," but will cost $3 to request a check. c2it will not change its fees for international transactions.
c2it also said members will no longer be able to add cash to their accounts from linked MasterCard or Visa credit or debit cards. Members will be able to "add cash" from their linked bank accounts. ("Send cash" transactions may still be funded by linked credit and debit cards.)
https://www.c2it.com/C2IT/FeesDisplayoff
Email this story to a friend. Previous Story |
| Next Story
Related Stories
BidPay.com Offers Click and Pay Service for buyers - January 22, 2000, Issue #6
Follow-up to BidPay Article - February 06, 2000, Issue #7
PayPal Online Payment Service - Another Way to Pay for Auction Items - February 20, 2000, Issue #8
News - March 25, 2000, Issue #10
Paying for Your Online Auction Purchase - June 03, 2000, Issue #15
Accepting Credit Cards When You Sell Items: ProPay and Billpoint Payment Services - June 17, 2000, Issue #16
Accepting Payment for Your Online Auctions - June 17, 2000, Issue #16
Online Payment Systems At a Glance - October 21, 2000, Issue #24
PayingFast.com Enters Online Payment Field - January 30, 2001, Issue #9
Financial Institutions to Offer Online Payment Systems - February 11, 2001, Issue #18
P2P Report Released - April 08, 2001, Issue #57
AuctionWatch Makes Citibank's c2it Its Preferred Payment Provider - May 03, 2001, Issue #75
c2it Online Payment Service - Free for Sellers! - May 05, 2001, Issue #37
c2it Payment Service Offers $10 Bonus to First-Time Users - May 19, 2001, Issue #38
Charge It! A Review of Online Payment Services - June 30, 2001, Issue #41
PayPal Rumors Swirl Again - June 30, 2001, Issue #41
PayPal Rumors Swirl Again - July 01, 2001, Issue #114
Pitney Bowes Launches PayPal Clone for B2B Payments - July 08, 2001, Issue #118
ePier Payment System Coming Soon - August 05, 2001, Issue #133
Online Payment Service MoneyZap Offered on Achex Platform - September 05, 2001, Issue #156
USPS Enhances eBillPay & Priority Mail Services - September 09, 2001, Issue #158
Online Payment Services - Lacking in Fraud Protection - September 22, 2001, Issue #47
ePier Introduces Online Payment Service - October 22, 2001, Issue #187
PayPal: Not What It Used to Be - November 03, 2001, Issue #53
Auctiva Announces New Auction-Payment Service - November 08, 2001, Issue #200
Bucking a Trend, c2it Payment Service Goes from Fee to Free - November 15, 2001, Issue #204
Furthering International Trade: AuctionPix.co.uk - November 24, 2001, Issue #56
New Online Payment Service for Canadian eBay Users - November 28, 2001, Issue #211
Credit Cards and Common Sense, Part 1 - December 01, 2001, Issue #57
Credit Cards and Common Sense, Part 2 - December 15, 2001, Issue #59
PayPal Files IPO Amendment with SEC - December 17, 2001, Issue #223
BargainAndHaggle.com Announces Marketing Deal with c2it, Citibank's Online Payment Service - December 20, 2001, Issue #226
eBay Calls on Banks to Help Its Payment Service - December 27, 2001, Issue #228
c2it Online Payment Service Is Free - January 05, 2002, Issue #61
eBay Spends $43.5 Million to Gain 100% Control of Billpoint Payment Service - February 22, 2002, Issue #263
eBay Sets Off Fireworks with PayPal Acquisition Announcement - July 09, 2002, Issue #353
ITI Services Introduces GetPaidByCheck Payment Service - August 05, 2002, Issue #368
eBay/PayPal Acquisition Decision Expected Today - August 19, 2002, Issue #377
Dept. of Justice Clears the Way for eBay's Acquisition of PayPal - August 20, 2002, Issue #378
Online Customers Tell Buy.com, Bill Me Later! - October 29, 2002, Issue #424
AuctionBytes Survey Reveals Attitudes toward Online Payment Services - November 03, 2002, Issue #82
Online Payment Services: An Overview - November 17, 2002, Issue #83
The Evolution of Merchant Accounts for Online Auction Sellers - November 17, 2002, Issue #83
AuctionPay Helps Charities Process Payments - November 22, 2002, Issue #430
eBay Canada Adds Online Payment Option - December 06, 2002, Issue #439
America Online to Launch AOL Cash Card Program for Teens - July 23, 2003, Issue #580
Another One Bites the Dust: PayPal Competitor c2it to Close - September 30, 2003, Issue #618
Yahoo PayDirect Launches International Online Payment Service - December 17, 2003, Issue #668
Smartpay Completes HK$65 Million Strategic Financing - August 10, 2004, Issue #824
Yahoo Pulls Plug on Online Payment Service - October 22, 2004, Issue #875
JP Morgan Considering a PayPal-Like Service - March 10, 2005, Issue #971
Discuss this story in our forums.
