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#1 |
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man without money
Join Date: Mar 2004
Location: where the sun dont shine
Posts: 307
Credits: -259
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Paypal fees - got a question for you
ok i have some money in my paypal acount right now. as in its already there from when i recieved from selling stuff. If i buy something off ebay and pay using that money and i dont withdrawl any money from CC or bank acount, does the reciever have to pay any fees. I know everytime i recieve money i pay 30 cents + 2.9% of what i recieved which is probably because they sent money from CC.
so does anyone know how these fees work?
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Laptop: AOpen 1557G Intel Pentium M 1.6 Banias, ATI Mobility 9700 128mb, 40gb 7200rpm hd, 1024mb ram |
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#2 |
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A service fee is charged, not only when one is paid with a CC, but also if one is a Premium Member. Being a premium member makes it so that you get charged with any transaction, even if one is paid with a non-CC paypal.
PayPal says that they allow you to change your account back to a normal one, from a premium, only once.
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AIM: EnderDArmy | Chembook 2030 |
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#3 |
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Registered User
Join Date: Jan 2005
Location: Nashville, TN
Posts: 118
Credits: -317
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Yeah, Paypal fees are really annoying. At first they only charged for accepting credit card payments... now practically everything is charged.
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#4 | |
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Bow Man :)
Join Date: Aug 2004
Location: On a planet far far from here
Posts: 80
Credits: -126
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Quote:
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#5 |
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Registered User
Join Date: Mar 2005
Location: Woodridge, IL
Posts: 10
Credits: -147
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what i do is have 2 paypal accounts. 1 that accepts credit cards and gets the fee and then another that is not a premium account and I use that one for all other payments. I dont get a fee on the 2nd one.
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#6 |
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^^smart guy.
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#7 |
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TriX R 4 KidS
Join Date: Aug 2004
Location: Central USA (Indiana)
Posts: 226
Credits: 115
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I do the same thing with just ~10 accounts w/ no fees for online selling.
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#8 |
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man without money
Join Date: Mar 2004
Location: where the sun dont shine
Posts: 307
Credits: -259
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smart guys... i should probably do that too
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Laptop: AOpen 1557G Intel Pentium M 1.6 Banias, ATI Mobility 9700 128mb, 40gb 7200rpm hd, 1024mb ram |
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#9 |
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Registered User
Join Date: Jan 2005
Location: Nashville, TN
Posts: 118
Credits: -317
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lol good idea
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#10 |
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Registered User
Join Date: Nov 2004
Location: Fruitport, MI
Posts: 53
Credits: -34
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paypal and ebay fees RAPE sellers!
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Gateway 7405gx | AMD Athlon64 M 3200+ | 1GB PC2700 DDR | ATi 9600 Mobility Radeon | 1 internal and 1 external 80GB Hitachi Travelstar 80GN | 8x DVDRW/CDRW | 56k V.92 | 802.11g Wireless | 15.4" SB WXGA With "0" Dead Pixels! | XP PRO SP2 | Sound Blaster Audigy 2 NX |
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#11 |
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^ werd!
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#12 | |
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man without money
Join Date: Mar 2004
Location: where the sun dont shine
Posts: 307
Credits: -259
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Quote:
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Laptop: AOpen 1557G Intel Pentium M 1.6 Banias, ATI Mobility 9700 128mb, 40gb 7200rpm hd, 1024mb ram |
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#13 |
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TriX R 4 KidS
Join Date: Aug 2004
Location: Central USA (Indiana)
Posts: 226
Credits: 115
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Its hard to do if you're sell high-ticket items though..Most people may be a little reluctant to pay some stranger a grand plus out of their checking account plus thye limit how much money you can accept each month for auctions. Accepting credit cards will also attract bidders/buyers who spend more money they can afford as well. But, yeah a couple basic paypal accounts will do in most cases and help you avoid fees. Ebay owns paypal so all that 6% on every transaction (2.75% ebay and 3% paypal) are going straight to service fee collections and more profit.
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#14 | |
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man without money
Join Date: Mar 2004
Location: where the sun dont shine
Posts: 307
Credits: -259
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Quote:
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Laptop: AOpen 1557G Intel Pentium M 1.6 Banias, ATI Mobility 9700 128mb, 40gb 7200rpm hd, 1024mb ram |
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#15 |
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Registered User
Join Date: Mar 2005
Posts: 100
Credits: -319
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well since ebay and paypal are essentially the same thing, they end up charging the seller about 6%. the buyer doesn't really pay for anything extra, the whole thing is on the seller, and it's not allowed for sellers to request extra money for the paypal fees, and paypal actually doesn't allow people to have 2 different accounts under the same name and address as far as i know.
but on the good side, paypal does offer you protection which is pretty important when you are a buyer. |
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PayPal says that they allow you to change your account back to a normal one, from a premium, only once.

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