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PayPal question for new eBayer

(4 Posts)
ScrambledEggAndToast Sun 20-Mar-16 20:10:26

I've just sold a load of stuff on eBay. The buyers all paid the full amount but I haven't received the full amount e.g one thing was £152 and I got £146.63. I assume this is fees of some sort but are PayPal fees the same as eBay fees? Will there be more charges from eBay or is this it?

karalime Sun 20-Mar-16 20:14:42

No you pay eBay fees and PayPal fees, even though they were the same company at one point...

ScrambledEggAndToast Sun 20-Mar-16 20:21:57

Rubbish sadThanks for the answer though thanks

nauticant Sun 20-Mar-16 20:24:30

Imagine you sell an item for £95 plus £5 shipping. ebay will show the transaction amount of £100. The amount going into your Paypal account will be £96.40 (-3.4% commission and also a 20p fee). After that, when the billing time for ebay comes around, they will take a cut of 10% on the transaction amount, so that's an additional £10. This means after all fees you'll receive £86.40.

(No guarantees on the maths, I might have gone astray somewhere.)

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