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Each of my last three sales produced emails from ebay telling me that I had sold for £x and ebay had received £x plus £y for postage from the buyer. When I go to confirm that these amounts have been received by Paypal, the amounts that they have listed as received are all less than £x + £y!!
There's been no currency exchange - the buyers all paid in £ Sterling and Paypal lists the amounts the same. It's too soon for Paypal to take their cut, so why would this happen? I naturally contacted them to ask this and received a computer generated response of answers that were totally irrelevant. The email stated "...if none of these answers help you, reply, using the reply button, re-stating your problem...". I did this and have never heard from them since.
It's not a fixed percentage - eg. on a sale of £141 + p&p £6.50 ebay states they received £147.50 / Paypal indicates £141.55
Another of £4.50 (with no p&p) / Paypal indicates £4.28 ! Does anyone have any idea why this is happening?
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Your ebay fee is invoiced every month and paid from your paypal account monthly.
Your paypal fee of 3.4% + 20p is deducted directly from your buyers payment and then the remainder is credited to your paypal account balance.
Advice is voluntary.
Kudos / Solution appreciated.
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Thanks for the explanation. It's a pity Paypal couldn't be bothered to explain!
I'd forgotten that Paypal & ebay both take a cut.
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