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since ‎Apr-30-2019
Country: United States
Type: Personal
Tesla99
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Re: First time Seller not familiar with purchase p...

by sharpiemarker Esteemed Advisor in Transactions Archives
‎Oct-12-2022 06:35 AM
‎Oct-12-2022 06:35 AM
@Tesla99  “If I were to send this seller $3000 he would get $2910 and have a fit.” No they won’t. Private or individual sellers, merchants are responsible for PayPal fees on goods and service transactions. Selling on PayPal is not free. PayPal charges money for using their selling tools/payment processing. It is how PayPal keep the lights on, profits, etc. Capitalism and all that.   To find the selling fees, just go to PayPal homepage and click the Fees link at the very bottom of page.   https://www.paypal.com/us/webapps/mpp/merchant-fees   It is against the PayPal user agreement to surcharge buyers for using PayPal. If you want to subsidize the seller’s business expense, that is on you. Sellers/merchants can factor in the expense in their item price or a charge general handling fee for all payment options seller/merchant accepts without disparaging PayPal.   “I'm thinking I should send him $3090  (3%=$90) Is this the correct logic?” Yes, that would be the logic. ... View more
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