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Paypal fees on ebay

135

Comments

  • frivolous_fay
    frivolous_fay Posts: 13,302 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Mortgage-free Glee!
    *Stops uploading a screenshot of the report button and goes off in a sulk*

    ;)

    Aw hell, here it is anyway.

    report.jpg
    My TV is broken! :cry:
    Edit: refunded £515 for TV 1.5 years out of warranty - thank you Sale of Goods Act! :j
  • soolin
    soolin Posts: 72,839 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    fay, would you believe I hadn't noticed that either !!

    Thank you

    Soo
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
  • frivolous_fay
    frivolous_fay Posts: 13,302 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Mortgage-free Glee!
    I only spotted it yesterday... mentioned it on ebay Q&A and apparently it was a surprise to everyone ;)
    My TV is broken! :cry:
    Edit: refunded £515 for TV 1.5 years out of warranty - thank you Sale of Goods Act! :j
  • onejontwo
    onejontwo Posts: 1,089 Forumite
    Part of the Furniture 500 Posts
    As far as I'm concerned pay-pal is a bonus , if you sell several items it saves you having to wait for cheques through the post, then waiting for it to clear, so by the time the transaction is complete it could be over 2 weeks including weekends.
    whereas with pay-pal you could be posting the item minutes after the auction ends! job done!;)
  • onejontwo wrote:
    As far as I'm concerned pay-pal is a bonus , if you sell several items it saves you having to wait for cheques through the post, then waiting for it to clear, so by the transaction is complete it could be over 2 weeks including weekends.
    whereas with pay-pal you could be posting the item minutes after the auction ends! job done!;)

    Yes, you can look at it either way I suppose. You're paying for the 'convenience' I guess, although I use that word very lightly.

    Personally, I'd prefer all my sales to be paid for either by postal order, cheque or cash but as someone else pointed out, you do lose a lot of interest and potential buyers if you don't offer Paypal. On the flip side and being a total hypocrite :D I generally won't buy from Ebayer's that don't offer Paypal!

    I am cheeky in that I usually inflate the P&P to as much as I can get away with without arousing any suspicion :cool: although I have had my fair share of emails in the past complaining about the P&P and how so&so is doing it for x-amount cheaper to which I go :confused: and reply something along the lines of "well don't bid as much on mine then!". I simply don't understand these people that offer free postage. There's no logic to it whatsoever.

    SC
  • CVID
    CVID Posts: 311 Forumite
    OP, I can't see much reference to any concern about the size of the Paypal fee so I'm assuming people aren't too concerned.

    It is a pain but buyers seem to like the system and cheques seem to be a dying art.
  • CVID wrote:
    OP, I can't see much reference to any concern about the size of the Paypal fee so I'm assuming people aren't too concerned.

    It is a pain but buyers seem to like the system and cheques seem to be a dying art.

    Yes, no-one pays by cheque anymore...

    ...Apart from the woman in front of me at the check-out. :mad:

    SC
  • windswept
    windswept Posts: 1,412 Forumite
    I am offering free postage on my items over £100, simply because my much larger competitors do, I also am undercutting them by at least £5 too, (they tried to undercut me at first but it didn't last long). I suppose that I could undercut them by more and charge highish p&p but buyers see free delivery and it definitely sways them. I know it means higher fees but the profit margins on these items are very good so it's easier to swallow.
    "There is a light that never goes out"
  • AndyR_3
    AndyR_3 Posts: 324 Forumite
    It's possibly to upgrade an existing account. Not easy, but I managed it.

    There is a single person employed by paypal who knows how to do it, and her name is Mary.

    What is a Paypal Micro account? What are the fees and can you remember how to upgrade?
    Amazon sellers club - member number 63.
    January challange - sell 10 items. 0 down, 10 to go!
  • frivolous_fay
    frivolous_fay Posts: 13,302 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Mortgage-free Glee!
    AndyR wrote:
    What is a Paypal Micro account? What are the fees and can you remember how to upgrade?

    Fees are 5% + 5p as doingwhatican said.

    As for how to get your account upgraded... you have to keep emailling micropayments@paypal.com asking to have your account converted to micropayments. Expect no-one to have a clue how to upgrade you, and for them to keep telling you to open a new account (this wasn't an option for me as I already had 2)

    Keep on at them - ask that your emails are passed on to Mary. She is the only person dealing with micropayments who possesses a brain, and knows how to upgrade accounts. When one of my emails got passed to her, the account was sorted within a day. (After about 2 weeks of emails)

    Good luck soldier. If you only have one account at present, it may be easier to open a fresh one than to get converted... but I haven't tried that.

    Bear in mind that payments over the threshold (around £12 I think) will be charged higher fees which might be higher than standard fees... so make sure expensive items are paid for some other way, or into a separate PP account.
    My TV is broken! :cry:
    Edit: refunded £515 for TV 1.5 years out of warranty - thank you Sale of Goods Act! :j
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