paypal fees

Ym35
Contributor
Contributor

i recently sold an item on ebay for 709 plus 7.50 postage andpaypalgave me 681 any idea why they took 35 from me it wasa uk to uk transaction ?

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sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Ym35 

 

The PayPal account sending the money is from non-UK PayPal account. Likely from the territories that are 2.00% extra in fees. The rate you're charge is 4.9% + 30p = 2.9% + 30p + 2.00%

 

If sending £716.50, the amount that will go to fees is £35.41 and the recipient will receive £681.09. That's 4.94% going to fees, effectively.

* Using cross border fee rate of 4.9% + £0.30


Kudos & Solved are greatly appreciated. 🙂

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sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Ym35 

 

The PayPal account sending the money is from non-UK PayPal account. Likely from the territories that are 2.00% extra in fees. The rate you're charge is 4.9% + 30p = 2.9% + 30p + 2.00%

 

If sending £716.50, the amount that will go to fees is £35.41 and the recipient will receive £681.09. That's 4.94% going to fees, effectively.

* Using cross border fee rate of 4.9% + £0.30


Kudos & Solved are greatly appreciated. 🙂
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Ym35
Contributor
Contributor

thanks for your relply but , why am i supposed to absorb the fee ?

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