Hey everyone, this is a special announcement post. If you would like to read today's normal post, go to RMAH Guide: 4 Economic Principles.
Could the Latest Paypal Changes be a sign of release? As you all know by now, Paypal will be the method gamers use to cash out from the RMAH. I have been actually waiting and hoping for a policy change at Paypal, because it has been inevitable ever since Paypal accepted the opportunity to integrate with Blizzard Entertainment / Activision.
What was discussed in Paypal's recent policy update?
Well, Paypal added some new concepts to their policy, such as the "mass payer" category. If you are a mass payer (Blizzard basically), then you will pay a 2% fee per transaction up to $1. This is why Blizzard has chosen to go with a $1.25 posting fee. They are basically making a quarter or more on every sale. That's for the United States, but for foreign currencies, mass payers will owe 2% up to $20.00 (after converting to US currency of course).
Unless Paypal will have a special user aggreement for Diablo 3's RMAH, these changes mean that Blizzard could actually lose money on foreign transactions. If the fee is $1.25 and a foreign player outside of the United States sells any item for more than $64, Blizzard actually loses money!
I'm sure this won't be an issue though, as the vast majority of transactions on the RMAH for all countries will most likley be under $10.
What do you think about these recent changes? Are they related to Diablo 3?
Again, this is a special announcement. Today's normal post is RMAH Guide: 4 Economic Principles.