Pay pal fees

[kaboodle110]

Hello,

Just sold something for $608.40 and buyer wants to pay with pay pal, how much will the fee be on this? I've been through the 'Fees' area and can't make head nor tail of it all. Any idea? Thanks.

[lyndal1838]

30 cents + 2.4% of the total value transferred....the item value + postage.

[davewil1964]

Roughly $15.

[***super_nova***]

In any case you have no choice, you have to accept PP, and you are not allowed to ask for the fee from the buyer.

However, I cannot see anything that you sold?

[kaboodle110]

Thanks.

To SupaNova, i don't have to accept paypal, i think i do have a choice. I think most buyers like it as it offers some sort of insurance (which probably doesn't cover anything) and they pay no fees. I think paypal is another ebay con myself.

[davewil1964]

Thanks.

To SupaNova, i don't have to accept paypal, i think i do have a choice. I think most buyers like it as it offers some sort of insurance (which probably doesn't cover anything) and they pay no fees. I think paypal is another ebay con myself.

You do indeed have a choice of payment methods offered. But unless it is a car or boat (pretty much) then one of those methods has to be an ebay approved 'safe' method. Either Paypal, Paymate or a merchant credit card facility.

Paymate is not particularly liked by buyers as, inter alia, it costs $50 for them to initiate a claim.

Banks charge for merchant credit card facilities, just like Paypal.

[***super_nova***]

Thanks.

To SupaNova, i don't have to accept paypal, i think i do have a choice. I think most buyers like it as it offers some sort of insurance (which probably doesn't cover anything) and they pay no fees. I think paypal is another ebay con myself.

Considering that you do not offer other safe methods in your listing, YES, you do have to accept PP.  If you refuse or try to ad PP fees to the total, the buyer can report you and you will end up with violation against your ID.

[leader-of-the-band]

To SupaNova, i don't have to accept paypal, i think i do have a choice. . . . .

. . . . I think paypal is another ebay con myself.

You can build the PayPal fee into a Buy-It-Now priced item as you do not need to give anyone a breakdown of how you arrived at the Buy-It-Now price, not even eBay.

As for PayPal being an eBay con . . . . I think eBay would be a whole lot smaller if they did not insist on sellers offering at least one safe method of payment.  Unscupulous sellers would simply not send items or they would not describe them properly, buyers would leave in droves, . . . . . . eBay has the amount of 'traffic' that it does BECAUSE of PayPal.  PayPal allows for safe purchases from international sellers.  If I could only buy things the USA using bank deposit or Western Union then I would not simply not buy from the USA.

Yes, buyers don't pay to use PayPal, but they do use it because it gives them a safety net.

I, for one, encourage all my buyyers to use PayPal . . . . and I have a lot of repeat buyers who eventually offer to use bnak deposit to save me fees as they know they can trust me.

[leader-of-the-band]

buyyers=buyers

bnak=bank

good thing we don't get posting violations for spelling mistakes!

[phorum_junkie*]

Paymate is not particularly liked by buyers as, inter alia, it costs $50 for them to initiate a claim.

It is not particularly liked by sensible sellers either. the fees are marginally higher and they offer NO seller protection against a genuine chargeback for fraudulent card use even if you have cast iron proof of delivery.