I sold something on ebay at £1.39 with free postage. In paypal it says the fee is 25p where the fuck do they get that from???? Ebay take %10 of final sale which is 13p and paypal say they only take around 5% making 7p their take. adding up to 20p. How do these robbing scumbags get 25p?
Paypal Fees are 20p + 3.4% See here: https://www.paypal.com/uk/cgi-bin/webscr?cmd=_display-fees-outside
Ebay Fee's and PayPal Fee's are separate. PayPal Fee's will get deducted straight away when you receive the payment. Ebay Fee's will be taken from your registered bank/card once a month. PayPal Fees - Paypal Fees are 20p + 3.4% Ebay Fees - Insertion Fee and Final Value Fee (found here http://pages.ebay.co.uk/help/sell/fees.html) So you are basically paying 3 lots of fee's - 1 - To actually add the item for sale on Ebay (Insertion Fee) 2 - When the item is sold, Ebay take a cut of the final sale price (Final Value Fee) 3 - If the Buyer pays by PayPal then PayPal take their percent as well. (PayPal Fee)
Hi and don't forget about the postage costs as PayPal will take 3.4% commission of that as well. So if your item sells for £1.39 Plus £1.00 postage PayPal will use £2.39 for calculating the transaction fee not just the selling price of £1.39 Mike