Paypal


Okay, I've been out of the selling game for a number of years, so maybe I'm just not informed. However, I thought that paypal only charges 3% if a credit or debit card is used? If checking is used there are no transaction fees I thought. So why does EVERYONE on this site and Audio Asylum ask for extra money when using Paypal? This seems rather disingenuous to me. If you want to cover paypal charges then make if for when Paypal actually charges you, if you want to make a few extra bucks then raise your price. It just irks me. What am I missing? Are there charges I don't know about?
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Showing 1 response by garn509

How many other trades or market places demand that buyers cover the Paypal merchant's transaction fee ? Very few, I'd say. If a name brand merchant accepts Paypal, it does not charge an extra 3 % . Nearly zero online or physical merchants surcharge for credit card transactions. I have in 11 years never seen an Ebay seller do it. Try getting off your high horses and realize it is a small price to pay for the assurance your payments are genuine. Build the fee into your prices, accept other instruments of payment, or don't accept Paypal.