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I payed 1euro to check the connection and only 0,62euro went to the seller, why a 40% fee?

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JuusoHoo
Contributor
Posted on

Hello

I was trying to buy an item from a seller and tried the transaction with 1€.

I payed it but only 0,64 € got through to the seller!

Can you explain this? I would not like to pay over 40% for transaction in Europe.

Thanks

Juuso

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I payed 1euro to check the connection and only 0,62euro went to the seller, why a 40% fee?

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kernowlass
Esteemed Advisor

@JuusoHoo 

 

Paypal charges a % fee + fixed fee amount.

So as the fixed fee can be 0.30-0.40  euros then it makes the fee high on a very low amount.


Advice is voluntary.
Kudos / Solution appreciated.

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I payed 1euro to check the connection and only 0,62euro went to the seller, why a 40% fee?

Options
Go to solution
kernowlass
Esteemed Advisor

@JuusoHoo 

 

Paypal charges a % fee + fixed fee amount.

So as the fixed fee can be 0.30-0.40  euros then it makes the fee high on a very low amount.


Advice is voluntary.
Kudos / Solution appreciated.

I payed 1euro to check the connection and only 0,62euro went to the seller, why a 40% fee?

Options
Go to solution
JuusoHoo
Contributor
Thank You Kernoglass Yes indeed. I was just astobished and could not firsr find that info. Commission is quite small.

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