PayPal Charging Rate

Medoband
New Community Member

PayPal just charged me 30p on a credit of £2.96.  That's 10%.  When did they increase their rate to 10%?  It's the same as eBay's rate. It means de facto eBay are charging 20% commission on all sales - and that's not on sales only but on sales plus postage, so it's actually a very much heavier commission than 10%.  That stinks.

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1 REPLY 1

kernowlass
Esteemed Advisor
Esteemed Advisor

@Medoband

 

Its actually 3.4% + 20p per transaction.

You should really read up on FEES before you start selling.

 

As its such a low amount that you received then its the '20p' thats the killer for you.

If you are selling items for such a low amount then maybe get a Paypal micropayment account?


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