paypal fees

rockstah · Post by **rockstah** » Thu Mar 22, 2007 2:18 pm

anyone know how much they charge ?

example i sell something for 1500.00
how much is paypal going to take from that upon withdrawl? is it apercentage?
i searched around and couldnt find anything on the site - i maybe blind and perhaps someone already knows the answer here.

thanks,
Mark

cole · Post by **cole** » Thu Mar 22, 2007 2:23 pm

Mark,

http://www.paypal.com/cgi-bin/webscr?cm ... es-outside

Cole

62sg · Post by **62sg** » Thu Mar 22, 2007 3:16 pm

rockstah wrote:anyone know how much they charge ?

example i sell something for 1500.00
how much is paypal going to take from that upon withdrawl? is it apercentage?
i searched around and couldnt find anything on the site - i maybe blind and perhaps someone already knows the answer here.

thanks,
Mark

Mark...usually in the 3-3 1/2% range...too high, imho.

rockstah · Post by **rockstah** » Thu Mar 22, 2007 4:41 pm

John yer right - too much!

im going to sell a preamp on ebay worth around 1500 atleast. think im going to do a bank cashiers check only on this transaction.

Thanks guys,

Mark

rockstah · Post by **rockstah** » Thu Mar 22, 2007 5:13 pm

what it is the safest check? a bank cashiers check or?

Myopic Void · Post by **Myopic Void** » Thu Mar 22, 2007 5:25 pm

Hey Mark,

Cashiers check's are good. Western Union has worked well for me on high ticket items as well. I know alot of folks that charge buyer's 3.8% or round off to 4% for paypal seller fees. Put something like "for paypal payments contact seller first" and then explain "your" paypal terms. I see nothing wrong with this as long as the buyer understands the terms up front. Many buyers are happy to pay your seller fees.

I hope that helps..

Cheers,

Eric

rockstah · Post by **rockstah** » Thu Mar 22, 2007 5:59 pm

Thanks Eric!

exactly what i was thinking.

mightymike · Post by **mightymike** » Thu Mar 22, 2007 8:02 pm

I would go with a Postal Money order

worldoftone · Post by **worldoftone** » Fri Mar 23, 2007 11:56 am

I think a Postal Money order is only good for like $700 or $750 - so the buyer would need to buy two,

The crappy thing is that IF you use PAYPAL, you get hit not only with the 3.5% eBay fees, but also the 3% or so PAYPAL fees. All the fees have gone up in the past couple of years - kinda sux. I just realized this recently when I sold a bunch of motorcycle parts.

D'OH!

- WOT

npminard · Post by **npminard** » Sun Mar 25, 2007 6:41 pm

http://www.usps.com/money/sendingmoney/ ... elcome.htm

http://www.usps.com/money/sendingmoney/ ... onally.htm

There's the info on Domestic and International Money Orders.

Flynman · Post by **Flynman** » Thu Mar 29, 2007 10:01 pm

Mark I have quite a few people who pass the paypal fees onto the buyer. I just sold a guitar on ebay and passed shipping and paypal to buyer. Their fees are getting rediculous.

908ssp · Post by **908ssp** » Fri Mar 30, 2007 12:38 am

You'll get much higher bids if you just except PayPal. Many people won't even bid if you wont except PayPal. It protects the buyer and the seller. What are you going to do if someone sends you a phony cashiers check? It can take 4 weeks or more for the bank to find out and they will just take your money you got nothing to say about it. With PayPal that won't happen. People feel comfortable and safe with PayPal and are willing to bid higher and can use credit cards, it isn't as easy for some people to get a loan for a money order as use their credit card. You'll loose way more then the cost of fees by not accepting PayPal.

Post by **VelvetGeorge** » Fri Mar 30, 2007 1:17 am

This is true. I feel better and bid higher with Paypal. I even have the buyer credit if I feel really impulsive!

The 3% does suck. But I am used to it. Credit cards are only slightly less to accept by the time the everyone takes their cut. i.e. processor, merchant account.

VG

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