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
Wow, this thread took a stroll down bizarro highway. I hadn't realized that Paypal and Obama were so intricately connected. Sounds like a conspiracy to me. Still, I seriously doubt that they will be able to overcome the awesome power of the Gay-Inuit-Disney-People who make those plastic things at the end of shoelaces Alliance! (otherwise known as the "GIDPwmtptateosA") Now THAT is a powerful group.... and you don't mess with GIDPwmtptateosA!!!

But sersiously, my original point is that it seems like some sellers are using Paypal as an 'excuse' to add charges that either don't exist or are greater than the real charges. Someone above pointed out the whole 4% crap when it is really just under 3% and the whole getting charged when I am paying using checking is just silliness. It isn't the money so much as the principle. I've sold things for years and I have never seen until recently, a situation where the seller expect their buyer (read: customer) to cover their costs of doing business. Classifieds have almost always cost money, so this isn't an excuse. Even cashing checks cost money for some people, albeit usually the poor. What is next, I need to pay a seller's checking account fees for the right to buy their equipment? I just don't get why these folks feel the need, or indeed the justification, in charging for their
own expenses. To me it is just an underhanded way to get a few more dollars than their items are actually worth.

I have an idea, maybe buyers should start charging for their costs, like getting money orders or the interest you accrue on your credit card when you buy their equipment.... Just figure out the cost and deduct it from your offer. I'm sure sellers would understand..... Wink, wink.
If the buyers don't like the fees they can buy new and pay more. There are listing fees, paypal fees, shipping fees, and final sales fees. What should a seller do? List the equipment for next to nothing, or just ask for the fees and nothing else? I'd throw the item away before I'd give it away to a lowballer.
Buying or selling, FEES everywhere, all about the $money$ nothing else, like the start of a new-wave tax system.