Ebay and Paypal Fees

chimpanzee23

Hello,

I going to be receiving a payment from an ebay customer and they wish to pay by paypal.

The amount is around £500, what would be the best way of receiving the payment, I currently have a premier account. Also how much would the fee be for receiving this payment

Thanks

Sugar_Coated_Owl

The fee would be £17.20.

What do you mean the best way of receiving the payment?

frivolous_fay

Just thought I'd post to warn you not to accept paypal if it's a collection item.

chimpanzee23

razorbladekisses wrote:

The fee would be £17.20.

What do you mean the best way of receiving the payment?

Would it be better for the customer to pay me with funds already in thier paypal account or would they still be charged

soolin

chimpanzee23 wrote:

Would it be better for the customer to pay me with funds already in thier paypal account or would they still be charged

I think you're getting a bit muddled...

Any fees will be payable by you, the seller and that depends on the type of account you have. If you have a premier acocunt then you will be charged whatever method of payment the buyer chooses for his paypal funds. If you have a basic account then you can receive a balance transfer free of charge, however, and it is a big however, you should not be advertising that you accept paypal if you are going to specify how they source their payment. Once you have a winning bidder then should be free to pay by paypal however they choose, regardless of what you want.

Soo