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Originally Posted by Firefighter3110  Noticed that paypal is now charging a 4% fee on anything. So in order to get your price your asking and/or the S&H then you might want to include 4% on anything you sell.
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Originally Posted by Firefighter3110 Yup, thanks for the clarification Dj, you might want to make an example of what u mean by 'markup'.
Yes I mean for me  |
See the highlighted portion of your earlier post. If you plan to markup (increase) the asking price of your item to 4% more than the minimum you'd be willing to receive for it in order to still get your required amount after Paypal fees have been taken out, then in order to stay within Paypal's terms of service, this markup (increase in price) must exist even if a different payment method is being used.
In simple terms, you can't charge more for an item that's being paid via Paypal as opposed to via some other payment method. So charging additional "paypal fees" is against their policy, and thus against our FS forum rules.
example:
Say I wanted to sell my notebook and I wanted to get a minimum of $500. In order to still get $500 if someone paid via Paypal, I'd need to charge 104% of my desired price, or $521. However, since Paypal says that my asking price needs to be the same no matter the payment method, then my overall asking price must go up from $500 to $521.
