topic Re: PayPal ? in Selling

PayPal ?

august_finder — Tue, 28 Apr 2015 08:24:33 GMT

I have just sold an item & have been paid via PayPal.

The item was worth $525.15 yet only $511.20 is showing. What was the difference of $13.95 for?

Re: PayPal ?

twyngwyn — Tue, 28 Apr 2015 08:26:00 GMT

what's the item number?

Re: PayPal ?

twyngwyn — Tue, 28 Apr 2015 08:27:38 GMT

is it: 261863064982

Re: PayPal ?

lyndal1838 — Tue, 28 Apr 2015 08:28:13 GMT

Probably the paypal fees??

Re: PayPal ?

august_finder — Tue, 28 Apr 2015 08:28:31 GMT

261863064982

Re: PayPal ?

stor.miche — Tue, 28 Apr 2015 08:29:00 GMT

That is paypals share

2.6% + 30c approximately

Re: PayPal ?

august_finder — Tue, 28 Apr 2015 08:32:51 GMT

Yet on 2 previous transactions of $62.50 & $48.50 they took nothing!

Re: PayPal ?

joethenuts — Tue, 28 Apr 2015 08:38:30 GMT

was your previous 2 transactions as a buyer or seller , only sellers pay a fee and that fee is correct ,

Re: PayPal ?

digital*ghost — Tue, 28 Apr 2015 08:41:02 GMT

@august_finder wrote:
Yet on 2 previous transactions of $62.50 & $48.50 they took nothing!

They have always taken a percentage of commercial transactions*, but they used to show the gross payment amount, now they show the net (they also increased the basic fee from 2.4% to 2.6%, plus the 30c flagfall).

The old way, if a $50 payment was made, the transaction summary in your PP account would show $50 received, then when you looked at the details, it would break it down and show the fees taken, and that the net amount was actually $48.40, but now with the new updated summary, it will show $48.40 on the summary instead.

*Non commercial transactions generally don't cost anything to send or receive, although if a 'gift' payment is funded with a credit card, then there are fees - it's been a while since I checked, but the payer used to be able to choose whether they or the recipient paid those fees.

Re: PayPal ?

august_finder — Tue, 28 Apr 2015 08:43:45 GMT

Oh I understand now,thanks. The 2 previous payments were in fact non ebay one's.

Re: PayPal ?

stampingpaws — Tue, 28 Apr 2015 12:46:47 GMT

Looks like you should be doing more ebay ones = no fees

Re: PayPal ?

creekman51 — Tue, 28 Apr 2015 21:44:17 GMT

it's the paypal sting you got off light PAYPAL IS A RIPOFF!!!

Re: PayPal ?

lyndal1838 — Wed, 29 Apr 2015 04:50:37 GMT

@creekman51 wrote:
it's the paypal sting you got off light PAYPAL IS A RIPOFF!!!

Why do you think that? What have they done to you?

Re: PayPal ?

davewil1964 — Wed, 29 Apr 2015 10:58:33 GMT

@lyndal1838 wrote:
@creekman51 wrote:
it's the paypal sting you got off light PAYPAL IS A RIPOFF!!!
Why do you think that? What have they done to you?

Had the hide to charge their advertised rates PLUS currency conversion fees.

Re: PayPal ?

lyndal1838 — Wed, 29 Apr 2015 11:12:31 GMT

Thanks Dave, I must have missed that complaint.