PayPal Fees?

Discussion in 'Coin Chat' started by Treashunt, Nov 17, 2014.

  1. Treashunt

    Treashunt The Other Frank

    Anyone?

    If you receive a payment, for say $2,000

    What are the PayPal fees?
    No auction, just PayPal.

    Thanks
     
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  3. coinzip

    coinzip Well-Known Member

    Selling is 2.9% + $0.30 per sale, or less.
    That's a small price to pay for accepting all forms of payments from over 130 million customers worldwide. There are no hidden fees. You don't have to pay anything until you get paid for selling something. Our rates are the most competitive in the business, keeping you in business and your customers happy. The more you sell, the less you pay, which is good for everyone. International is a little more work, so it costs a little more.

    More about merchant fees



    Sales within the US 2.9% + $0.30 per transaction
    Discounted rate for eligible merchants and nonprofits As low as 2.2% based on volume
    International sales 3.9% transaction fee plus a fixed fee based on currency received
    PayPal Heretm card reader 2.7% when you swipe a card or 3.5% plus $0.15 for manually entered transactions
     
  4. bkozak33

    bkozak33 Collector

  5. geekpryde

    geekpryde Husband and Father Moderator

    2.9% + $0.30 per transaction is what I've paid in the past few years.
     
  6. krispy

    krispy krispy

  7. Treashunt

    Treashunt The Other Frank


    Not doable for this transaction
     
  8. okbustchaser

    okbustchaser I may be old but I still appreciate a pretty bust Supporter

    krispy said:
    Designating "Personal/Gift" when sending someone money incurs no transaction fees.

    PayPal Fees Explained

    Click to expand...

    Treashunt said:
    Not doable for this transaction



    "Personal/Gift" isn't doable for most of the transactions for which it is used. Some people are simply thieves.


    Note: I am NOT saying Krispy does this, merely that I know of several sellers who routinely ask buyers to do so.
     
  9. krispy

    krispy krispy

    Also, there are certain rules that one should be aware of in PayPal policy. They do not protect you if something goes wrong, for example, in such a business/purchase transaction if Personal/Gift was used. Also, certain countries are exempt (such as India) from using the Personal/Gift designation. PayPal has to be very careful about international money transfers to protect against nefarious use of its service to prevent money laundering and other illegal purpose of money transfers. That's why I included the link as well, so that anyone could review PayPal policy for themselves and apprise themselves of the official rules, not just something posted on a forum with no link to PayPal and their Terms and Conditions.
     
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