PayPal fees

[sleepwhenidie]

Can anyone explain how and when PayPal deduct fees when items are sold via eBay? I've sold a pile of things recently and two or three have (apparently randomly) had fees deducted from the sum paid by the buyer. I don't understand!

Hi,

PayPal deduct their fees before they add the funds to your PayPal account.

For a casual seller, these will most likely be at the rate of 3.4% plus a fixed fee of 20 pence, so on a sale of £100.00 the fee should be £3.60 and you would expect to see £96.40 appear in your PayPal account. Larger sellers still pay the 20 pence, but the 3.4% drops a little when you get above certain turnover thresholds.

If you sell to someone who is now based in the UK but who opened their PayPal account before they came here, you may also get charged a Cross Border Fee, which can add a bit more onto the £3.60, but those are few and far between and don’t have much of an impact.

eBay Fees (Listing Fee and Final Value Fee) are separate, and are applied via a monthly invoice. You can see those on the “Account” tab of My eBay.

Andrew

Straight away, before the money goes in you PayPal account. The money in your PayPal from buyers is the amount given after their fees.
This isn't the same with eBay fees however - eBay take their fees once a month from you from your bank card/bank account linked to your PayPal account.
Andrew was very helpful & very right. Everything what Andrew said.

I'm fine with eBay fees, I get those, but the pp fees seem to be applied randomly, sometimes there aren't any deductions...that was what was confusing me.

Sorry for jumping in with this, but I've thinking about getting started with eBay (thus reading the eBay board!) and something in here is relevant to me:

f you sell to someone who is now based in the UK but who opened their PayPal account before they came here, you may also get charged a Cross Border Fee

What if you are the person who opened the PayPal account but is now based in the UK? Will every sale to the UK get this Cross Border Fee? (Should I/ Can I do something to my PayPal to get 'located' in the UK?)

Hi OP, please can you provide some examples, as the only reason I can think of for PayPal giving you the gross amount would be if the buyer sent the money to you as a friend or family member. If you sent them a Request For Payment, or if they paid you through eBay Checkout, then I would have thought they would charge for their service.

Feel free to PM me if you want to keep the details private.

@murmuration The advice that PayPal give me (although I don't follow through with it) is to tell the Buyer who created their PayPal account overseas to open a new account through PayPal.co.uk and use a UK address. I would confirm that by giving them a call, but the idea is that if the transaction is from UK-originated Account to UK-originated Account there won't be a Cross Border Fee.

Have a look on this page www.paypal.com/uk/webapps/mpp/cross-border-and-conversion-fees although it seems to have been written without the layman in mind!

Andrew.