Question about PayPal

Discussion in 'The Pub' started by i am dino, Jan 12, 2006.

  1. i am dino

    i am dino Guest

    I know PayPal takes a certain percentage of a transaction but I was wondering exactly how much do they take?

    Example:
    I was PayPal'ed $200.00 for my fork (including shipping). And when I logged into PayPal to check the funds, the amount was $191.90. Does that sound right? :?:
     
  2. TURNERob

    TURNERob Get your own avatar idea

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    I think its 3% or so :?:
     
  3. mcgrath

    mcgrath *.*

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    kind of wierd...

    Yes it is 3%. And it get's taken from my account all the time. but, my cooworker sells a few items on ebay, and never has any cash taken out of his paypal account. Same goes for another buddy I have back home.
     
  4. TURNERob

    TURNERob Get your own avatar idea

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    If the buyer uses a credit card you'll get charged the 3%, but if they use their debit card then I think you don't get charged at all.....at least that is how I understand it :?:
     
  5. Epic_Mtn_Biker

    Epic_Mtn_Biker New Member

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    Great question DINO, :clap:

    I'm about to go to Ebay to sell an old wedding ring that's been sitting around for 10 years. hopefully I can a GPS and some other stuff from selling it. \:D/

    i never got married but came extremely close!! ](*,)
     
  6. i am dino

    i am dino Guest

    Thanks guys, I'm no math wiz, but $8.10 seems to be more than 3% of $200 doesn't it?
     
  7. Steven Jackson

    Steven Jackson My loop, my rules!

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    I am a certified genius, and you are correct that $8.10 is more than 3% sir.
     
  8. i am dino

    i am dino Guest

    Hmm, I should try to contact PayPal then, I have a feeling it will be next to impossible to get response though. Thanks Steven Jackson.
     
  9. chumbaracing

    chumbaracing Guest

    thanks steven, appreciate your input as always.
     
  10. i am dino

    i am dino Guest

    I just looked up my invoice details and here is the breakdown.

    $6.10 in "normal" fee's, which is 3% then a $2.00 "cross the border" fee, WT!?!?! Anyhow, I still got a good price for my fork, so I'm content. I just wanted to clear the fee's up in case anyone else might have wondered why it seemed so high.
     

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