michael Posted April 1, 2006 Share Posted April 1, 2006 The standard fee for a basic transaction is: 3.4% + £0.20 So for example if you purchase an item costing £300 the actual fees charged to the seller are £10.20 plus £0.20, if you pay 4% as most people charge the seller gets £12.00, therefore you are charged £1.60 too much, this is enough to buy an egg sandwich and a drink from Asda! If the seller is registered with Paypal as a merchant the fees are as follows: Monthly Received Payment of £1,500.01 - £6,000.00 - 2.9% + £0.20 Monthly Received Payment of £6,000.01 - £15,000.00 - 2.4% + £0.20 Monthly Received Payment of £15,000.01 - £55,000.00 - 1.9% + £0.20 Monthly Received Payment above £55,000.00 - 1.4% + £0.20 Bye now. Quote Link to comment Share on other sites More sharing options...
Thorin Posted April 1, 2006 Share Posted April 1, 2006 didn't know that, but then I only usually buy small things via ebay (less than £100) so I probably wouldn't be able to buy an egg sandwich (I'd probably go with a chicken and bacon anyway). Quote Link to comment Share on other sites More sharing options...
Rayman Posted April 1, 2006 Share Posted April 1, 2006 sellers on ebay arnt allowed to charge for paypal anymore, obviously other traders will if they feel it necesary! Quote Link to comment Share on other sites More sharing options...
CJ Posted April 1, 2006 Share Posted April 1, 2006 I disagree with your figures Michael. As you know I was selling the user manuals at £54 and, if paying by paypal, asked the buyers for the 4% extra. I then received £56.16 and paypal took £2.11. Quote Link to comment Share on other sites More sharing options...
michael Posted April 1, 2006 Author Share Posted April 1, 2006 I'm just quoting the info from the Paypal site CJ - your problem is that you are being charged 3.4% plus £0.20 on the cost of the item plus the 4% rather than just the £54. £54 would have resulted in you being charged £1.84 plus £0.20 - £2.04 £54 plus 4% is £56.16 so the charges on this are £1.91 plus £0.20 which gets you to £2.11. Buyers should have been sending you £56.03 to cover the 3.4% plus 20p on the £54 but then by doing this they bump the money up so the charges are higher - you can't really win but Paypal do By charging the 4% you end up giving Paypal more money in fees but aren't £2.04 out of pocket which is probably better than the 7p extra 4% works out as being the fair amount to ask to ensure you don't end up selling for charity prices and end up out of pocket, this thread isn't an complaint aimed at anyone who asks for that bit extra, it's just me being bored. Quote Link to comment Share on other sites More sharing options...
Pete Posted April 1, 2006 Share Posted April 1, 2006 Totally rip off percentages, especially when it comes to the crunch they hardly ever cover you for your transaction. Anyone had a successful claim? Quote Link to comment Share on other sites More sharing options...
michael Posted April 1, 2006 Author Share Posted April 1, 2006 Totally rip off percentages, especially when it comes to the crunch they hardly ever cover you for your transaction. Agreed, even more so now that it's eBay that own them, anyone selling on eBay and accepting Paypal is getting shafted from all directions... but it's popular. Anyone had a successful claim? I got £15 back on a £68 item that someone never sent... woo! Quote Link to comment Share on other sites More sharing options...
Jake Posted April 1, 2006 Share Posted April 1, 2006 sellers on ebay arnt allowed to charge for paypal anymore They still do though! Some of them even charge 5% - cheeky bastards. Quote Link to comment Share on other sites More sharing options...
MONKEYmark Posted April 1, 2006 Share Posted April 1, 2006 aint you allowed up to 3 claims in a year.suppose if you selling your old crap online it may be worth paypall fees.you reach a huge audience.there must be ways round all the charges. my mate used to sell memory and he emailed all people who lost and arranged with them to buy memory outside ebay. is it illegal to ask the buyer to pay the 4% i got told you could not do that? Quote Link to comment Share on other sites More sharing options...
Jake Posted April 1, 2006 Share Posted April 1, 2006 is it illegal to ask the buyer to pay the 4% i got told you could not do that?Not illegal to ask for the 4%, it's just against eBay rules. This guy isn't asking for 4% though : http://cgi.ebay.co.uk/Land-Rover-109-Safari-Roof-with-side-windows_W0QQitemZ4625076764 Quote Link to comment Share on other sites More sharing options...
RedM Posted April 1, 2006 Share Posted April 1, 2006 Hang on. We haven't established the important facts here. The egg sandwich I can understand but the so-called 'drink' is a bit ambiguous. Quote Link to comment Share on other sites More sharing options...
michael Posted April 1, 2006 Author Share Posted April 1, 2006 The egg sandwich I can understand but the so-called 'drink' is a bit ambiguous. I left it open to give the buyer an choice, water, can of refreshing carbonated muck, juiced materials... Quote Link to comment Share on other sites More sharing options...
Lewis Posted April 1, 2006 Share Posted April 1, 2006 registered ebay traders (the high volume ones) CAN charge for paypal...but it is done using discounts. IE everything is £5, if you pay cash you get a £1 discount, same with cheque BUT if you pay with paypal .....no discount. Quote Link to comment Share on other sites More sharing options...
michael Posted December 6, 2006 Author Share Posted December 6, 2006 *Bump* people are annoying me with this again. Quote Link to comment Share on other sites More sharing options...
Guest Nicholas Posted December 6, 2006 Share Posted December 6, 2006 Totally rip off percentages, especially when it comes to the crunch they hardly ever cover you for your transaction. Anyone had a successful claim? I had a successful claim for an item won on ebay that never turned up, providing the seller in question has funds in their paypal account and paypal find them guilty they will just take the money and refund you I also use them for the cart system on my store. Quote Link to comment Share on other sites More sharing options...
Pete Posted December 6, 2006 Share Posted December 6, 2006 *Bump* people are annoying me with this again. Any of these? http://www.mkivsupra.net/vbb/showthread.php?t=91573&highlight=paypal http://www.mkivsupra.net/vbb/showthread.php?t=89019&highlight=paypal http://www.mkivsupra.net/vbb/showthread.php?t=56872&highlight=paypal http://www.mkivsupra.net/vbb/showthread.php?t=78032&highlight=paypal Quote Link to comment Share on other sites More sharing options...
Pabs Posted December 6, 2006 Share Posted December 6, 2006 If I'm selling anything expensive, then I make sure i've covered the local freeads etc first. Totally free to advertise, and if it does sell, chances are it will sell for a hell of a lot more than I'd get on ebay. If that doesnt work, I do things by direct bank transfer or personal cheque only. Or you've always got Nochex, although its not as good or safe (i think) Only real reason I use paypal is to PAY OTHERS. Doesn't cost me anything then, as I don't usually buy if seller charges extra. One thing that has been forgotten here - If the amount in your paypal account is less than £50, and u want to transfer it to your BANK account, then theres another fee there too! Quote Link to comment Share on other sites More sharing options...
michael Posted December 6, 2006 Author Share Posted December 6, 2006 Any of these? http://www.mkivsupra.net/vbb/showthread.php?t=91573&highlight=paypal http://www.mkivsupra.net/vbb/showthread.php?t=89019&highlight=paypal http://www.mkivsupra.net/vbb/showthread.php?t=56872&highlight=paypal http://www.mkivsupra.net/vbb/showthread.php?t=78032&highlight=paypal Of course not. Quote Link to comment Share on other sites More sharing options...
Pete Posted December 6, 2006 Share Posted December 6, 2006 Of course not. I'll better keep looking then. Quote Link to comment Share on other sites More sharing options...
Lucifer Posted December 7, 2006 Share Posted December 7, 2006 *Bump* people are annoying me with this again. Why should we not charge for making us use a substandard service? We dont WANT to take paypal, but in this day and age we almost have to. They side with the consumer most of the time with little or no proof. The 4% is as much of a deterrant as it is trying to ensure we see some money back. Quote Link to comment Share on other sites More sharing options...
Pete Posted December 7, 2006 Share Posted December 7, 2006 The 4% is as much of a deterrant as it is trying to ensure we see some money back. It's a fair point. I hate taking Paypal too. Trust the buggers as far as I can throw them. Quote Link to comment Share on other sites More sharing options...
michael Posted December 7, 2006 Author Share Posted December 7, 2006 Why should we not charge for making us use a substandard service? I'm not saying you can't charge, it's your business at the end of the day. What I'm still saying is that Paypal don't charge 4%, therefore when people say "plus the 4% Paypal fees" they are hiding a bit extra for themselves. If you want to charge 4% to cover the costs incurred from using this service then advertise it as being your charge, otherwise it's 3.4% plus 20p. We dont WANT to take paypal, but in this day and age we almost have to. They side with the consumer most of the time with little or no proof. The 4% is as much of a deterrant as it is trying to ensure we see some money back. If you don't want the customers don't accept Paypal, if you do want them charge the right fees or advertise the charges as being your own. I'm shocked to hear you've had any issues that might end up with Paypal resolution to be honest, you always come across as being so efficient Quote Link to comment Share on other sites More sharing options...
michael Posted December 7, 2006 Author Share Posted December 7, 2006 It's a fair point. I hate taking Paypal too. Trust the buggers as far as I can throw them. So don't take it Quote Link to comment Share on other sites More sharing options...
CJ Posted December 7, 2006 Share Posted December 7, 2006 I'm not saying you can't charge, it's your business at the end of the day. What I'm still saying is that Paypal don't charge 4%, therefore when people say "plus the 4% Paypal fees" they are hiding a bit extra for themselves. If you want to charge 4% to cover the costs incurred from using this service then advertise it as being your charge, otherwise it's 3.4% plus 20p. It's good to see that you are being reasonable today Michael. I hate it when you come across as being pedantic Quote Link to comment Share on other sites More sharing options...
michael Posted December 7, 2006 Author Share Posted December 7, 2006 It's good to see that you are being reasonable today Michael. I hate it when you come across as being pedantic The word is "honest" both in comments made and deals done Quote Link to comment Share on other sites More sharing options...
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