G2apay cuts partnership with skrill - Increases fees - No announcement

G2Apay recently lost its partnership with skrill - no matter what site/gold site u visit you will find you no longer can purchase using skrill through g2apay - I was notified about the termination by a G2Amanager and thought I'd relay it out to everyone, u can check any site from bogla to rsgoldmine to rsgoldfund to non RS sites - It's gone. So RIP to skrill for this industry. I was told the termination was "gradual" but I have yet to find a single site out of dozens that still retains it.

G2A has also removed the ability of fee-free cashouts, thus meaning 1% + $1 is now taken out when cashing out through G2apay.

Furthermore I have found a hidden g2a fee I wont announce at this time as being 100% valid, but I would advise everyone to compare exchange rates of currencies and see if ur bank isn't silently charging u a currency exchange fee ontop of what g2a already does(2.49%) - IT WILL NOT APPEAR ON YOUR STATEMENTS.

I estimate g2a's fees to be 3.49%+$0.40 USD + 2.49% currency conversion+ 1% withdraw fee = 7%+$0.40 per transaction and if I'm right(My bank is currently doing an investigation its actually 9.49% +$0.40 aka 10% per transaction I suspect if u cash out anything but EURO).

I think we've been getting fucked is what I think, this is getting ridiculous. 10% fees on each transaction is whats causing massive gaps in margin and why sites are having to sell @ $1.3 and buy @ $1 because something is wrong here. Paypal directly takes 2.9% +$0.30, I suspect we're paying nearly 10%(And I know for a fact we are paying 7.5-8% without a doubt).

Consumers might be seeing much larger than +2.9% for g2a fees on gold sites soon, Wouldn't surprise me a bit to see +4%-+6% soon, these fees are REDICILOUS you heard it here first.

 

No one uses Skrill anyway. PayPal > Skrill.

 

Too bad Paypal isn't really a very good option anyway because of chargebacks and limitations. For the service G2A provide these are the lowest fees I've seen.