Topic
Paypal fees
Forum Posting
A Membership is required to post in the forums. Login or become a member to post in the member forums!
Home › Forums › General Forums › Philosophy & Technique › Paypal fees
- This topic is empty.
-
AuthorPosts
-
Jan 10, 2010 at 10:07 am #1253980
I don't know if this is where this thread belongs but I didn't know where else to put it. Moderators feel free to move it if need be.
If I am selling something and want to receive payment through Paypal, how can I send an invoice / money request that requires the buyer to pay the Paypal fees? I was not able to find it as an option when I tried to send invoices to people in the past. Does the buyer automatically get the option of whether or not to pay Paypal fees when I send him/her an invoice?
Any help would be appreciated. Thanks.-Sid
Jan 10, 2010 at 10:16 am #1561351Hi Sid,
I don't think it's possible, at least I haven't been able to figure it out, and Paypal seems to say you can't if I read their pages correctly.
What I generally do is just calculate, as close as I can, what the fees are, and tack them on when sending an invoice.
Jan 10, 2010 at 10:29 am #1561359You can specify in your ad that payment should be by PayPal Non-Credit Card "Personal Transfer". If buyer wants to fund the PayPal transaction with a credit card or make a PayPal "Purchase", then buyer will have to pay the fees.
If the buyer generates fees for you, send him a polite note.
Jan 10, 2010 at 10:43 am #1561362I have never used Google Checkout as a seller, only as a buyer, but the website says the fees are 1.9% + $0.30.
Although, no fees via PayPal is better, this might be an option.
Are there any other alternatives to PayPal?
Jan 10, 2010 at 10:46 am #1561365I recently sold a bunch of stuff and I ended up paying over $10 in Paypal fees. I will definitely be adding on Paypal fees to anything I sell from now on.
Actually I found a handy website:
http://www.rolbe.com/paypal.htm
It has a Paypal fee calculator. It's not very hard to figure out… 2.9% + $0.30
-Sid
Jan 10, 2010 at 11:12 am #1561379Fee amounts can depend on whether or not you are personal or a business and how much you sell (merchant rates).
Instead of haggling over fees and being a PITA to the buyer, just work the fees in! If you know PP will take "x" amount, then include that.
Fees are the cost of doing business – not many of us would want to go back to the days of selling only locally or having to take a check/money order. Being able as personal seller to take credit cards is a boon really! It makes personal sales so much more appealing! The cost of taking credit cards isn't free by any means.
Jan 10, 2010 at 11:13 am #1561381"It's not very hard to figure out… 2.9% + $0.30"
But ….. you have to figure in the total amount. For example, you're selling something for $100. You tell buyer they have to pay paypal fees. You do some quick multiplication/addition and come up with $3.20 as the paypal fee, and tell the buyer to send you $103.20. Paypal, however, now bases its fee on the 103.20, so your fees are now $3.29, and you end up with $99.91.
The great thing about the site you listed a link to is that you can do a reverse calc, you put in how much you want to end up with, and it calculates the proper amount for the person to send you.
Thanks for the link!
-
AuthorPosts
- You must be logged in to reply to this topic.
Forum Posting
A Membership is required to post in the forums. Login or become a member to post in the member forums!
Our Community Posts are Moderated
Backpacking Light community posts are moderated and here to foster helpful and positive discussions about lightweight backpacking. Please be mindful of our values and boundaries and review our Community Guidelines prior to posting.
Get the Newsletter
Gear Research & Discovery Tools
- Browse our curated Gear Shop
- See the latest Gear Deals and Sales
- Our Recommendations
- Search for Gear on Sale with the Gear Finder
- Used Gear Swap
- Member Gear Reviews and BPL Gear Review Articles
- Browse by Gear Type or Brand.