What is Paypal charging you?


Paypal is presently charging me a 4.05% fee on transactions, up from 3.95% just yesterday. They keep bumping their percentage fee up on me - it started out at 2.9%.

Unfortunately, the fine print gives them the right to charge whatever they want, so my only recourse is to stop using them.

Just curious - what are the rest of ya'll getting charged?
audiokinesis

Showing 2 responses by jdlepera

They are charging me .029% plus .30 cents on each transaction which puts it well over 4%.For instance A Total including shipping of $10 x .029=.29 cents plus .30 per transaction= .59 cents which is .059% of $10 total....A $20 Total charge= .044%,A $100 total=.032%.So it depends on Total amount as to % charged.My rate has been unchanged for some time.Most here including myself charge .029 or .03% for using Paypal and are losing $ on smaller sales.If you are selling on Ebay and add in ALL of their charges plus Paypal, expenses get really high[Total around $2.25 for selling a $15 Cd or Dvd].Hope this helps.JD
I'm a Paypal Verified Premier member for years and get charged for every Transaction.Over a hundred in the last few weeks.Also,I can't tell where the funds come from when paid.[Bank or CC].I prefer money orders[Saves me $$'s] but 99% of my customers use Paypal.JD