Hi SteveDub,
We charge you a small fee when receiving a payment for a sale. The standard rate to accept money is 3.4% + £0.20 GBP and we also offer a competitive merchant rate.
We also charge a fee for personal transfers that come from a debit or credit card, the sender can decide who pays the fee.
PayPal was originally designed as a service for individuals - people who might need to collect money for a group gift or transfer funds between friends. We will always continue to provide this service, however there are also real costs associated with providing our service - particularly costs associated with processing credit card payments. Visa, MasterCard and American Express charge us for every payment we process, and we need to pass this fee on to sellers to cover our costs.
I hope this helps
Paula
