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Exaggerated transaction fees

New Community Member

Exaggerated transaction fees

I recently received a payment of $9500.

PayPal charged transaction fees of $418, which is around 4.4%

 

Seems to me huge.

I tried to apply for merchant fees, but since I just applied a day before the transaction arrived, I was notified that I can only apply again in 30 days.

 

How can I reduce these huge and exaggerated fees ?

Tags (2)
4 REPLIES
Contributor

Re: Exaggerated transaction fees

Well, I received a payment for $415 and they charged me $80!!! They won't even bother to explain why. In fact 2 other payments are "on hold" for days and also, without any explanation why. They simply don't care.

Volunteer Advisor

Re: Exaggerated transaction fees

@Rivi1969

@Sticklip

 

Sorry can't help you. You have not shown what country you are in on your profile OR said what country you are in. As Paypal is country specific then we can't advise without knowing that information.


Advice is voluntarily given.
Kudos / Solution appreciated if I helped you.
Contributor

Re: Exaggerated transaction fees

I am in Mexico, and I don't know how that's relevant for this case. I have been selling many things on eBay for years and this is the first time Paypal is charging me 21% of the total amount without any explanation. 

Volunteer Advisor

Re: Exaggerated transaction fees

@Rivi1969

 

Well it is relevant, but I take your point and won't bother you again.


Advice is voluntarily given.
Kudos / Solution appreciated if I helped you.