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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
minorl
1,015 posts
 
Interesting posts. I typically would take bank certified cashier's checks or cash. I would ship the item when my bank tells me that the cashier's check has finally cleared. I use paypal only if the buyer insist on me using paypal. If that is the case and they don't want to send the cashier's check or pick the item up and pay cash, then since they insisted on me using paypal, then they should pay the paypal fees. Logical no?

enjoy
aewhistory OP
70 posts
 
Auto spec, I don't understand, could you elaborate?

I've got more replies but my head is falling fast for the pillow. I'll get back at you all tomorrow!
garn509
98 posts
 
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.
lall
122 posts
 
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.
singleendedsingle
664 posts
 
I think the fees depends on the country where you live.
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