PayPal fees

Kimosobo
Contributor
Contributor

I sell items on E*Bay and receive payment through PayPal.  I thought their fee was 2.9% but it doesn’t calculate out right.  Today’s sale for $3.49 + $3.33 shipping shows a PayPal fee of 51 cents.  How are they calculating it?

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1 REPLY 1

kernowlass
Esteemed Advisor
Esteemed Advisor

@Kimosobo 

 

2.9% + 30c per transaction.

 

2.9% of $6.82 = 0.20 + 30c = 50c 

 

So more or less correct as paypal tend to 'round things up' on calculations. 


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