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Thread: A growing trend

  1. #1
    Midshipman
    Join Date
    Jan 2014

    A growing trend

    I've noticed a growing trend here of people making additional profit on PayPal fees. For everyone here that doesn't know PayPal fees are 2.9% of the total plus .30 cents for the transaction. Don't be cheated out of any of your money by letting people charge you extra in fees and if you send as a gift you loose your ability to file a claim if you don't receive your item.

  2. #2
    High Admiral olisuds's Avatar
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    Mar 2010
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    U.K.

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    PayPal fees vary between countries.

    Also it's the sellers prerogative to state their payment terms which may include a choice of either payment by PayPal gift or buyer pays fees. If the buyer doesn't like it they don't need to purchase from that seller

    Also I wouldn't call it a growing trend. Ok I haven't been around that long but its been that way for as long as I've been collecting.
    Vintage_City likes this.

  3. #3
    High Admiral CraigMac's Avatar
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    Dec 2012
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    Quote Originally Posted by tk0084 View Post
    I've noticed a growing trend here of people making additional profit on PayPal fees. For everyone here that doesn't know PayPal fees are 2.9% of the total plus .30 cents for the transaction. Don't be cheated out of any of your money by letting people charge you extra in fees and if you send as a gift you loose your ability to file a claim if you don't receive your item.
    I wouldn't call it profit. 2.9% is the standard fee from a US to US but to another country it's more like 4%. People sell here to help other collectors. There's no big business here selling on the boards so if they're offering items for a big% discount and disclose the terms upfront then what's the issue?

  4. #4
    Fleet Admiral Ross_Barr's Avatar
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    Jul 2013
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    Ohio

    Quote Originally Posted by CraigMac View Post
    I wouldn't call it profit. 2.9% is the standard fee from a US to US but to another country it's more like 4%. People sell here to help other collectors. There's no big business here selling on the boards so if they're offering items for a big% discount and disclose the terms upfront then what's the issue?
    I agree with Craig completely - as I often do. I charge only 3% and have lost some money not realized that it is 4% to some foreign countries. If someone wants to charge 4% to be safe, I don't see anything wrong with that.

    Ross

  5. #5
    Admiral M4K3R1's Avatar
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    Nov 2011
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    I come from a land DownUnder!!

    I don't want to offend,
    but $1 in every $100 is nothing to cry about.
    Its not really a profit.

  6. #6
    Line Captain Snowtrooper44's Avatar
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    Jun 2012
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    Somewhere in the English Countryside

    A growing trend? I don't think so

    Most sellers on here always charge 4%, it covers the buyer if something does go wrong and as has been mentioned before selling to other countries is around the 4% margin. Seems a small price to pay for total piece of mind. If you don't like the sellers terms and conditions - don't buy simple. There is always evil bay
    SABRESEDGE and Lemcool like this.

  7. #7
    Fleet Admiral ELiiTEFORCE's Avatar
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    Apr 2012
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    ILLINOIS

    I would rather pay 4% and know my item is 100% legit vintage.......not to mention an actual FS ad as opposed to having to fish through ads and do a background check on an ebay name. The extra 1% is not that big of a deal to me personally.

    EDIT- 1% because I normally only buy from US sellers
    Last edited by ELiiTEFORCE; 03-31-2014 at 07:49 AM.
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  8. #8
    Moff BobaFett34's Avatar
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    I was curious about the 4 percent too...so it's 2.9 percent plus 30 cents? Is this correct?
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  9. #9
    Line Captain
    Join Date
    Oct 2013

    BTW I'm sure almost everyone knows but just in case, you can fund your PP payment (even a gift) using a credit card. PP might not cover you if you get ripped off but the credit card company will.

  10. #10
    High Admiral CraigMac's Avatar
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    Dec 2012
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    New York, NY

    Quote Originally Posted by BobaFett34 View Post
    I was curious about the 4 percent too...so it's 2.9 percent plus 30 cents? Is this correct?
    Only if it's a US buyer paying a US seller. The fees for International goes up to 3.9%.

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