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Ebay and Pay Pal/Fees

4 replies

UseR4574875 · 04/03/2021 12:27

Hi, I want to sell some books via ebay and it says payments will be received via pay pal (this is how you will be paid) - I thought pay pal was no longer being used? I think I have closed my pay pal account. If so, what fees will apply? My understanding was 10% of sold item in fees but pay pal will incur fees I think (in terms of receiving payment). There was mention of a new system of paying fees into your bank account. I am slightly confused.

Anyone?

OP posts:
delilahbucket · 04/03/2021 12:33

If you are on eBay managed payments (you'll know as.you will have had loads of messages about it) then you don't need a PayPal account. Otherwise you need a PayPal account to sell on there.

UseR4574875 · 04/03/2021 12:36

Thanks delilah. What is the managed payments options about? Which method is the most beneficial? I have never sold on-line before so this is all new to me. I guess paypal will charge fees?

OP posts:
UseR4574875 · 04/03/2021 14:07

I think I have found some info. Basically 12.8% + 30 p is my understanding.

OP posts:
delilahbucket · 04/03/2021 15:16

I don't know the fees for private sellers as I have a business account but you won't get to choose which is most beneficial as managed payments is being enforced.

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