View Full Version : pay pal fee's
cigbunt
04-02-2012, 12:49 PM
could someone explain the paypal fee's i dont quite get it... :woot:
joke
jimmy
04-02-2012, 12:55 PM
:thumbsup:
RC Cut
04-02-2012, 01:46 PM
Paypal 's fee is related to your specific country and the policy .
IF you are a USA User , fee is the least - 2.9% , no withdraw charge ,if you are Europe user fee is 3.9% i think with withdraw fee .
Asia users are charged the most , 3.5% + $35
Getpip
04-02-2012, 01:55 PM
could someone explain the paypal fee's i dont quite get it... :woot:
joke
What's PayPal? ;)
bigred5765
04-02-2012, 01:55 PM
could someone explain the paypal fee's i don't quite get it... :woot:
joke
this ones easy :thumbsup:
some big cheese at paypal charges you vast amounts for doing sod all, and we take it with a thanks :thumbdown:
Big G
04-02-2012, 01:58 PM
not quite sod all. they provide a valuable service to us making online purchasing very quick and easy.
colmo
04-02-2012, 02:00 PM
Sorry about kicking this off - and then getting it wrong...proving maths and Bushmills do not mix.
I was trying to work out how much to pay someone such that they got exactly the amount agreed, so that I covered the fees. It's not as easy as it looks, because, as was pointed out, you have to pay fees on the extra you added on to pay fees.
I'll have it sussed in a jiffy, I'm trying to get my maths up to scratch for my OU studies, this is good practice.
bodgit
04-02-2012, 02:05 PM
This was posted in the for sale section this morning
http://ppcalc.com/uk it explains it all.
bigred5765
04-02-2012, 02:06 PM
£3 for every 100
bodgit
04-02-2012, 02:09 PM
£3 for every 100
No £3.73
VintageRacer
04-02-2012, 02:16 PM
Please take this in the spirit it is intended.
If the amount of money sent = S and the amount of money received = R
Then
R = S - 0.2 - (S x 3.6%)
So
R + 0.2 = S(1 - 0.036)
Which means that
S = (R + 0.2) / 0.964
That is all assuming the 3.6% is charged on the 20p fixed charge which I assume it will be.
Much easier to use the web site to calculate it for you.
And yes I am a bit of a geek.
RudolfXC
04-02-2012, 02:40 PM
From here:
https://www.paypal.com/uk/cgi-bin/webscr?cmd=_display-receiving-fees-outside&countries=
the fee is 3.4% + £0.20 and not 3.6% + £0.20
colmo
04-02-2012, 02:44 PM
From here:
https://www.paypal.com/uk/cgi-bin/webscr?cmd=_display-receiving-fees-outside&countries=
the fee is 3.4% + £0.20 and not 3.6% + £0.20
He does, however, get marks for showing his working :)
mark christopher
04-02-2012, 02:46 PM
FFS pay 4% then or send it as a friggin gift and let paypal work it out:thumbdown:
SlowOne
04-02-2012, 02:48 PM
http://gifs.gifbin.com/052009/1242225474_attempting_to_give_a_damn.gif
VintageRacer
04-02-2012, 03:00 PM
From here:
https://www.paypal.com/uk/cgi-bin/webscr?cmd=_display-receiving-fees-outside&countries=
the fee is 3.4% + £0.20 and not 3.6% + £0.20
So you don't pay the percentage on the 20p.
That changes things completlely.
Irri Tant
04-02-2012, 03:08 PM
colmo, Location: Fermanagh, N. Ireland
says it all really :thumbsup:
cigbunt
04-02-2012, 03:09 PM
FFS pay 4% then or send it as a friggin gift and let paypal work it out:thumbdown:
re gifting.. it still seems to add fee's what options do you choose? (i have a Premier account) i always just send as a goods payment any ways best way...
btw i asked my 1st post in Jest lol:woot:
The Chef
04-02-2012, 03:09 PM
this ones easy :thumbsup:
some big cheese at paypal charges you vast amounts for doing sod all, and we take it with a thanks :thumbdown:
YOUR just annoyed you didn't think of it:p
They do offer some fab buyer protection in all honesty.
VintageRacer
04-02-2012, 03:17 PM
YOUR just annoyed you didn't think of it:p
They do offer some fab buyer protection in all honesty.
Annoyingly I did, probably after they had to be fair, but before I knew it exisited.
mark christopher
04-02-2012, 03:20 PM
re gifting.. it still seems to add fee's what options do you choose? (i have a Premier account) i always just send as a goods payment any ways best way...
btw i asked my 1st post in Jest lol:woot:
all i do is if i buy an item for £20 and agree to pay fees, then i add 4% and inform the seller what im paying so i would pay him £20.80
if i pay by gift i use my bank account then i or the seller dont get charged for fee's.(but you have no protection so only use if you know the seller)
if you pay via gift and use your credit card they charge the one sending the payment. .(but you have no protection so only use if you know the seller)
colmo
04-02-2012, 03:26 PM
colmo, Location: Fermanagh, N. Ireland
says it all really :thumbsup:
It's not my fault we're surrounded by fine whiskey...seems a shame not to sample it...
colmo
04-02-2012, 05:10 PM
Annoyingly I did, probably after they had to be fair, but before I knew it exisited.
Paypal extended the cover they provide for eBay to all purchases (non-gift), eBay or not, within the last 2 year iirc. It was probably to attract web retailers to use them in preference to credit cards.
IF it was up to me... (and thank god for you lot it isn't)
Anyone who requests a gift payment should be banned from here and paypal.
Anyone who sends a gift payment deserves to be ripped off.
Simples.
simon
04-02-2012, 09:34 PM
IF it was up to me... (and thank god for you lot it isn't)
Anyone who requests a gift payment should be banned from here and paypal.
Anyone who sends a gift payment deserves to be ripped off.
Simples.
Obviously works for pay pal!!!!!:thumbsup:
mark christopher
04-02-2012, 09:42 PM
IF it was up to me... (and thank god for you lot it isn't)
Anyone who requests a gift payment should be banned from here and paypal.
Anyone who sends a gift payment deserves to be ripped off.
Simples.
i dont mind anyone sending me a paypal gift? anyone want my details?
i dont see why folks dont just ask buyer to pay the fees!! oh wait............... some can not work it out LOL
dibble34
04-02-2012, 09:43 PM
IF it was up to me... (and thank god for you lot it isn't)
Anyone who requests a gift payment should be banned from here and paypal.
Anyone who sends a gift payment deserves to be ripped off.
Simples.
You win my vote :thumbsup:
Obviously works for pay pal!!!!!:thumbsup:
Nope.
We don't expect the plumber to repair out pipes for free, so why should we expect paypal to send out money round the world for free?
xfactor
04-02-2012, 10:27 PM
COL im a plumber, 100% behind you mate and i would charge alot more than paypal :woot:
Layloo9136
04-02-2012, 10:36 PM
There is nothing wrong with Paypal gifts for purchasing, so long as the buyer isn't thick! Sure, maybe gifting to someone you dont know is a risk, so pay the fees until you do know them.
I give all my buyers the option - I send them my address and say its entirely up to you - you canvsee my trusted feedback so you can save a quid or two and do gift, or you can do it normally for coverage - so I leave it up to customers.
So far, only 1 out of the 7 or 8 trades chose to do it with fees as opposed to gift. So I guess people like saving money if it is with somneone reputable.
RC Cut
05-02-2012, 06:34 AM
What's PayPal? ;)
You donn't know what is Paypal ???
It is now the most popular online payment tool !
RC Cut
05-02-2012, 06:39 AM
No £3.73
So you only have 2 choices :
1 : add £3.73 more in your sales price .
2 : forget about this profit loss in trade
Paypal 's service i think is at easy using , fast pay .
But still the fee is high
bodgit
05-02-2012, 06:54 AM
So you only have 2 choices :
1 : add £3.73 more in your sales price .
2 : forget about this profit loss in trade
Paypal 's service i think is at easy using , fast pay .
But still the fee is high
NO read the link. http://ppcalc.com/uk
£3.73 is the amount includinng fee,s you have to send for the reciever to recieve £100
Moozo
05-02-2012, 08:08 AM
I sent £50 from my wifes paypal account/bank account to my own paypal account as a gift (coz lets face it i can't rip myself off:woot:) and it still charged my wife's account £1.90!!!
Yet i have sent money before and not been charged at all!!!
I don't mind the charges as long as there consitent, i never know when i get charged if at all.
I totally agree with Col when it comes to asking for gift payments (no-one is covered)
The buyer should ask for the amount they want so that everyone is covered.....you wouldn't buy a supercar and pay by gift (i.e no warranty/proof of purchase)
tellor
05-02-2012, 08:29 AM
Derrr!
why don't people just add the fee's themselves like they do the postage?
simples!
bally
05-02-2012, 08:49 AM
Lets face it we all save a fortune on eBay/advertising fees by using this site, so i personally feel everyone should accept loosing the PayPal % when they sell an item. If someone wants to send the payment as a gift thats there choice.
RC Cut
05-02-2012, 08:58 AM
NO read the link. http://ppcalc.com/uk
£3.73 is the amount includinng fee,s you have to send for the reciever to recieve £100
Are you charged some Money when you take out the Money from Paypal into your Bank account ?
IF Yes , what 's the Amount ?
RC Cut
05-02-2012, 09:01 AM
NO read the link. http://ppcalc.com/uk
£3.73 is the amount includinng fee,s you have to send for the reciever to recieve £100
True problem is not here !
True problem is when the Order is $1000 , IF you pay the receivee $1000 , He only can receive $960 , $40 was charged ! . And so : Who pay such a high fee ?
Sender pay or receiver himself afford ??
Remember if you have 10 Orders of $1000 via Paypal , That is at least $300 fee !!!
Remember if you have 10 Orders of $1000 via Paypal , That is at least $300 fee !!!
Good!
You don't sell your stuff for free, why should PayPal send you the money for free?
RC Cut
05-02-2012, 10:49 AM
Good!
You don't sell your stuff for free, why should PayPal send you the money for free?
Paypal only suits small order payment , Not suits big amount trade
cigbunt
05-02-2012, 11:08 AM
PayPal I can live with its eBays 10% which is a joke
Layloo9136
05-02-2012, 03:27 PM
I sent £50 from my wifes paypal account/bank account to my own paypal account as a gift (coz lets face it i can't rip myself off:woot:) and it still charged my wife's account £1.90!!!
Yet i have sent money before and not been charged at all!!!
I don't mind the charges as long as there consitent
They are consistant - as it depends on th status of your account. When my friend was round buying my phone recently she was doing it by gift in front of me, and she was going to be charged £8 for sending £230.
However, whenever I send money, I never get charged. Perhaps its because I have had several thousands go through it, or that I am double verified by Paypal (set up verification and a second verification when you have had £5K through your account) so who knows. But I never get charged for it and you say you haven't yet your wife does, so must be to do with account status perhaps?
Paypal only suits small order payment , Not suits big amount trade
If you're capable of doing big business then you should be setting up your own online payment system and avoiding paypal altogether!
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