Fees for receiving money from the UK

grapai45
Contributor
Contributor
Hi all. I haven't sold on Ebay in a while, and I received my payment through PayPal. For a £325 transaction, over £11 was taken off. From what I can tell, this was because the buyer used a credit card. WHow is that fair?
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3 REPLIES 3

kernowlass
Esteemed Advisor
Esteemed Advisor

Did you think paypal was a charity and their staff do not want paying for working a full week??

 

How do you think they fund the service?

 

Does not matter how the buyer funds the payment you always pay a fee for paypals service. In the UK its 3.4% + 20p. 


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grapai45
Contributor
Contributor
I think my tone may have been misconstrued slightly. I was aware that I would have to pay a fee, I was unsure about the calculations and the information available on the website is confusing which is why I was seeking clarification through the help section. Thank you for the clarification, albeit rather rudely.
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kernowlass
Esteemed Advisor
Esteemed Advisor

3.4% of £325 + 20p = £11.25.


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