- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Hello all,
Today I received two payments for items sold on an auction site. Both of the transactions were for £45.00.
I've just been looking at my Paypal balance and noticed that on one of the sales I paid a fee of £1.91 but on the other £1.73.
I know it is just pennies but it seems odd for the fees to be different, can anyone explain why?
One of the sales was to the UK, the other to Norway but this shouldn't matter as both payments coming in were exactly £45, I'm stumped.
Solved! Go to Solution.
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
But it does matter as you have a cross border fee added on to the Norway one.
Advice is voluntary.
Kudos / Solution appreciated.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
But it does matter as you have a cross border fee added on to the Norway one.
Advice is voluntary.
Kudos / Solution appreciated.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Thanks for the quick reply.
I've just been Googling and looking at a page that talked about a 0.4% fee for Cross Border payments, this would account for the 18 pence discrepancy.
I'm amazed this fee is levied at the payment receiver, been accepting overseas payments for years and always just assumed ALL additional fees resulting from an international sale fell to the buyer, guess I was wrong.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Sellers always pay the fees, the buyer pays for the item as per cost and postage charges.
Advice is voluntary.
Kudos / Solution appreciated.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
The point I was making is International buyers always cover the exchange rate difference (it usually has a little built in compared to the 'real rate') and the seller then receives (in their own currency) the correct amount, it then seems odd to charge the seller for receiving a cross border payment rather than the seller for sending one. No matter, just the first time I've noticed it - with over 1000 sales to the US I'm amazed I didn't notice it before.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
The buyer covers the currency conversion fee, you cover the cross border fee as you are the one that accepts the payment.
I can only give you the facts, i don't make paypal policy
Advice is voluntary.
Kudos / Solution appreciated.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
No probs, don't worry, I'm not huffed. Just amazed I've never noticed it before.
I'm a big fan of Paypal, it's the 'auction site' that is sending me to an early grave
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
- Pending payment in Sending and receiving money
- Can a payment from another PayPal account be retracted or cancelled by the person sending the money. in Sending and receiving money
- Payment question!! in Sending and receiving money
- Payments in Sending and receiving money
- Payment pending in Sending and receiving money