PayPal fees

[xXInfectedXx]

Costs 3.4% and 20p on receiving and sending money for digital and physical goods. Do you think this cost is to much? There are no fees if the item is sent as a gift through paypal but you may not be covered by buyer protection.

 

[Carlos]

The new fees are the new stupid for me. When I bought a website in the past, the idea was this:

You pay $300 to the person, but the person gets $293 (because fees are deducted from the grand total - Paypal gets this fee).

Now is this:

You pay $300, you are charged lets say $7 more than the grand total, so what you really paid is $307.

That's the new billing system in place at Paypal. I used to use Paypal for purchasing websites, such as this one. But after learning this new system, I may do it less.

 

[JusZenTFN]

I haven't used Paypal in a long time.

 

[KeyboardDemon]

The new fees are the new stupid for me. When I bought a website in the past, the idea was this:

You pay $300 to the person, but the person gets $293 (because fees are deducted from the grand total - Paypal gets this fee).

Now is this:

You pay $300, you are charged lets say $7 more than the grand total, so what you really paid is $307.

That's the new billing system in place at Paypal. I used to use Paypal for purchasing websites, such as this one. But after learning this new system, I may do it less.

Are you sure this is PayPal that's charging you more?

I thought the costs were deducted at the seller side not the buyer side, the same way that the person getting paid by credit card gets hit with the transaction charge and not the person buying the goods or services.

If you're being asked to pay more it might be because the seller has added a surcharge for PayPal transactions.

Sent from my CLT-L09 using Tapatalk

 

[Carlos]

Are you sure this is PayPal that's charging you more?

I thought the costs were deducted at the seller side not the buyer side, the same way that the person getting paid by credit card gets hit with the transaction charge and not the person buying the goods or services.

If you're being asked to pay more it might be because the seller has added a surcharge for PayPal transactions.

Sent from my CLT-L09 using Tapatalk

Keep in mind, this is 2018. Around this time, PayPal updated the website. So, these charges aren't there anymore. It's gotten a little better since then. It made me scratch my head, though.

 

[KeyboardDemon]

Oh yes, sorry, I didn't check the date, just read the post, went straight to being outraged then I succumbed to a feeling of reason, tinged with doubt, so I posted a reply.

My bad.

Glad things are better now.

Sent from my CLT-L09 using Tapatalk

 

[Empire]

Wish I could avoid PayPal fees when selling on eBay! I did hear that eBay is introducing a new payment method. Hopefully, it’s cheaper than PayPal. These fees are so annoying. Anything can do to save money can really be of assistance to raise profits.

So other ways to save?

 

[Lord Saru]

I havent used it much for my clients who pay me in cash, they send it as a gift to circumvent the fee.