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paypal fee increase
soolin
Posts: 74,854 Ambassador
I can't find the actual direct link but will continue to look. Meanwhile this is the Tamebay explanation:
https://tamebay.com/2019/06/paypal-tiered-rate-replaces-paypal-merchant-rate.html
Basically for anyone other than the massive sellers the increase will mean paying 30p + 2.9% instead of 20p + 3.4% (possibly- as that doesn't tally with other announcements I've read)
For low cost items it is definitely worth looking at a micro aco!!!! as well as a standard paypal account. The cut off for getting a benefit from the micro account is currently around £9, but with this increase it might push up a little.
If anyone can find the actual announcement please add it to this thread- thank you
https://tamebay.com/2019/06/paypal-tiered-rate-replaces-paypal-merchant-rate.html
Basically for anyone other than the massive sellers the increase will mean paying 30p + 2.9% instead of 20p + 3.4% (possibly- as that doesn't tally with other announcements I've read)
For low cost items it is definitely worth looking at a micro aco!!!! as well as a standard paypal account. The cut off for getting a benefit from the micro account is currently around £9, but with this increase it might push up a little.
If anyone can find the actual announcement please add it to this thread- thank you
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Comments
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https://www.paypal.com/en/webapps/mpp/ua/upcoming-policies-full
Loads of few updates on this. Haven’t read it yet though.0
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