paypal fees...what the hell?

[IgnoreMe 5,000+ posts]

sold my mag. got paid with pay pal. fees were about $16. i already knew that going into it, because they have a 4.9% fee.

well i sold my amp today and got paid with paypal again but didnt pay any fees on it...

why is that?

Click to read more...

 

[jeepintn 10+ year member]

4.9%?!?!?!? i dont think i have ever paid that high of a percentage, i believe its normally around 2.9%

 

[Scoobydoo 5,000+ posts]

if you have a basic account you only get charged if the buyer uses a credit card

and it isn't 4.9%, it is $.30+2.9%

 

[InhumanAcura 5,000+ posts]

its 3.1% for me?

I always get charged regardless if its an e-check, transfered from another account, or from a cc.

 

[IgnoreMe 5,000+ posts]

if you have a basic account you only get charged if the buyer uses a credit card
and it isn't 4.9%, it is $.30+2.9%

its 4.9% for me if you have a basic account and 2.9% if its upgraded. i know cause i read it about 2 days ago when i sold my mag and i almost shitted myself because i was expecting to see 2.9% (was checking the site to make sure i was right) only to see 4.9%

 

[IgnoreMe 5,000+ posts]

well im an idiot, just gotta click on "fees" at the bottom of the page...

but yea, i fit into the 4.9% +.30c category at the time //content.invisioncic.com/y282845/emoticons/frown.gif.a3531fa0534503350665a1e957861287.gif

"Receive payments funded by Credit Card, Debit Card or Buyer Credit

4.9% + $0.30 USD (limit of 5 transactions per 12 month period)** for domestic or U.S. transactions "

 

[Scoobydoo 5,000+ posts]

well time to switch to a premier account for free so you can save the 2%

 

[rob_z89 10+ year member]

when i sold my amp last week i wasnt charged any fees and i just opened my account and have the basic account

 

[fsrenduro 10+ year member]

The way I understand it is that if you ever decide to accept credit card payments you have to go to the upgraded account and then EVERY payment you receive from that point on (credit OR money transfer) you get hit with a fee.

As long as you never upgrade to accepting credit cards (like I haven't) you don't get charged to accept funds.

I had stepped up the accepting CC's at one point and saw that I was then being hit for accepting money transfers so I went back down to the lower level and no longer get charged fees.

What I don't understand is if they make it free for me to accept money transfers as long as I don't accept CC's why would that change if I accept CC's. You;d think I could upgrade and only get charged the fee for CC transactions.//content.invisioncic.com/y282845/emoticons/confused.gif.e820e0216602db4765798ac39d28caa9.gif

 

[IgnoreMe 5,000+ posts]

when i sold my amp last week i wasnt charged any fees and i just opened my account and have the basic account

buyer probably paid with money that was already in their paypal account.

 

[ngsm13 5,000+ posts]

its 3.1% for me?
I always get charged regardless if its an e-check, transfered from another account, or from a cc.

Me too, and I even have premier...

nG

 

[IgnoreMe 5,000+ posts]

Me too, and I even have premier...
nG

paypal = sacrifice your anal virginity for convenience

 

[iceteebone 5,000+ posts]

I really don't care about the fees. I'm not so greedy and/or picky to worry about them taking a few bucks from me

 

[IgnoreMe 5,000+ posts]

I really don't care about the fees. I'm not so greedy and/or picky to worry about them taking a few bucks from me

until you sell something for $500...

$25 is enough to get me a weeks worth of gas.

 

[jeepintn 10+ year member]

I really don't care about the fees. I'm not so greedy and/or picky to worry about them taking a few bucks from me

x2, the general convenience of it and speed makes it worth my while