I have recently sold a high value item on eBay UK. I cannot understand the fee charged by Paypal.
As far as I can tell, the fee should be 3.4% of the sale price + £0.20.
My sale value was £7,200, so I calculate the fee as £244.80 + £0.20 = £245.
However, my Paypal shows the fee as £389, which is obviously significantly more.
Can anyone explain that for me?
Thanks in advance.
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