Paypal


Okay, I've been out of the selling game for a number of years, so maybe I'm just not informed. However, I thought that paypal only charges 3% if a credit or debit card is used? If checking is used there are no transaction fees I thought. So why does EVERYONE on this site and Audio Asylum ask for extra money when using Paypal? This seems rather disingenuous to me. If you want to cover paypal charges then make if for when Paypal actually charges you, if you want to make a few extra bucks then raise your price. It just irks me. What am I missing? Are there charges I don't know about?
aewhistory
How many other trades or market places demand that buyers cover the Paypal merchant's transaction fee ? Very few, I'd say. If a name brand merchant accepts Paypal, it does not charge an extra 3 % . Nearly zero online or physical merchants surcharge for credit card transactions. I have in 11 years never seen an Ebay seller do it. Try getting off your high horses and realize it is a small price to pay for the assurance your payments are genuine. Build the fee into your prices, accept other instruments of payment, or don't accept Paypal.
Paypal commissions are more than the 3, 4 or 5%.
Last month I paypaled Eur 105 to someone in France and he received ... only Eur 99. That's over 6% commission... as it seems to me.
PAYPAL overcharges... and time to stay away imho.

We4ll one of the things I'm learning is Pay-Pal is feed-up with Audiogon and there scam artist....Now they don't want or like to settle fast or maybe not at all......There not going to bail out Audiogon on every bad deal.......I'm pretty much had it with Audiogon and Pay-Pal and Joe Bidens new tax everything we sell over 500.00 policy so we can give to anybody that doesn't work or pay taxes........Its becoming the American way...... We used to make everything, now we just make trouble......for the little guy........Thank you Joe, Audiogon and Pay-pal

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