Normally the PayPal fees are 30 cents plus 2.9% for a commercial account unless you are a really high dollar seller. Personal PayPal accounts can have funds transferred to them for free as long as they are not linked to a credit card. Ebay requires you to have a commercial PayPal account if you offer paypal as a payment option on your auctions. This way they get an extra percentage bite from the seller regardless of the source of the funds. There is generally a monthly receiving limit of $500 per month for personal paypal accounts. The way around this is to call the payment a payment for "services" rather than goods. This way it doesn't go against your monthly receiving limit and the transfer is free from fees.
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
Hello, this is Kurr's wife. Sold a box of pennies recently and the buyer paid using PayPal(1st time to sell on my PayPal account, usually I'm the buyer)I was surprised by the $8.06 fee. Right now I have a personal account. Do I need to upgrade to avoid the fees? Does the buyer or seller enter the payment marked as "services"?
The silver [is] mine, and the gold [is] mine, saith the LORD of hosts. Hag 2:8 [/b] He created it. He controls it. He gave it to us for His use. Why did we turn from sound scriptural currency that PROTECTS us?
My experience (I have sold approx. 1500 items on eBay) is that roughly 12-15% goes to the house (eBay). Check the help page on the eBay site and type in fee table and it'll come up.
Ebay tries to work it so you can't avoid fees. In the old days we used to specify non-credit card PayPal only. This way you didn't have to have a commercial account and pay additional fees on the transaction. Ebay claimed this was "confusing" to the buyers. The reality was that it wasn't adding an extra bite for eBay on every transaction. Now if you pay by PayPal and fund it by your credit card eBay will ask if you are sure you would not like to fund it in some other manner. They save transaction fees to Visa/Mastercard that way, yet they still put the full Ebay/Paypal bite on the seller. A commercial Paypal account has a slightly lower fee rate than a personal paypal account for accepting funds, but you will get banged for the percentage on every transaction. With a personal PayPal account you have the option of denying the payment. Of course according to eBay rules, if you offer PayPal as a payment option you must accept "All forms of PayPal payments."
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
Ebay Paypal Fees?
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Posted - 06/26/2008 : 22:13:31
