Sold something for £1.70....Paypal fee was 26p !!!!!!???

RFW

porto_bello wrote: »

Is the buyer overseas?

I seem to remember the paypal transaction fees are higher if there is a currency conversion involved.

20p plus 3.4% of £1.70 is 26p, them's the fees!

Crowqueen

Spare a thought for Amazon sellers - sell something for 3.80 combined (£1 + postage credit), you see 2.28 of that, which is second class postage and 8p left over. Amazon handle the money, keep a rolling reserve and dole it out every two weeks.

eBay sellers have it good . You will pay 26p in fees and 17p in eBay fees; I guess unless you can post for the remainder you make nothing (so it pays to make sure your prices are able to make you enough for it to be worthwhile selling) but having experienced another site this summer, eBay is starting to look reasonable.

More sales on Amazon though, and for good prices too, so that makes it worth it. But as a private seller I think I have a 25% return after postage, and that is counting the net value as proceeds rather than the gross value of the sale, as you pay Amazon fees at source rather being billed monthly.