Paypal Fees

[Sampler]

Hi guys,

I want to use paypal as a way to accept payments online, but I'm being hit with a 21.5% fee for every transaction. Is there any good way to avoid such a large transaction fee with paypal or do I have to change how I accept my payments?

Cheers

 

[RMX]

21.5%? How can that be? Standard PayPal fees are 2.9% + $0.30.

 

[RMX]

[TABLE="width: 514"]
[TR="class: tableHeader"]
[TD]YOUR MONTHLY
SALES[/TD]
[TD]YOUR FEE PER
TRANSACTION[/TD]
[TD]EXAMPLES[/TD]
[/TR]
[TR="class: dotLineBottom"]
[TD="colspan: 3"][/TD]
[/TR]
[TR]
[TD]$0 to $3,000[/TD]
[TD]2.9% + $0.30[/TD]
[TD]$3.20 fee on a $100 sale[/TD]
[/TR]
[TR]
[TD="class: space"]$3,000+ to $10,000[/TD]
[TD="class: space"]2.5% + $0.30[/TD]
[TD="class: space"]$2.80 fee on a $100 sale[/TD]
[/TR]
[TR]
[TD="class: space"]$10,000+[/TD]
[TD="class: space"]2.2% + $0.30[/TD]
[TD="class: space"]$2.50 fee on a $100 sale[/TD]
[/TR]
[TR]
[TD="class: space"]$100,000+[/TD]
[TD="class: space, colspan: 2"]Call PayPal
[/TD]
[/TR]
[/TABLE]

From https://cms.paypal.com/cgi-bin/marketingweb?cmd=_render-content&content_ID=merchant/merchant_fees

 

[rohit00033]

it can never be that much bro
Just Check it out again

 

[rohit00033]

[TABLE="width: 514"]
[TR="class: tableHeader"]
[TD]YOUR MONTHLY
SALES[/TD]
[TD]YOUR FEE PER
TRANSACTION[/TD]
[TD]EXAMPLES[/TD]
[/TR]
[TR="class: dotLineBottom"]
[TD="colspan: 3"][/TD]
[/TR]
[TR]
[TD]$0 to $3,000[/TD]
[TD]2.9% + $0.30[/TD]
[TD]$3.20 fee on a $100 sale[/TD]
[/TR]
[TR]
[TD="class: space"]$3,000+ to $10,000[/TD]
[TD="class: space"]2.5% + $0.30[/TD]
[TD="class: space"]$2.80 fee on a $100 sale[/TD]
[/TR]
[TR]
[TD="class: space"]$10,000+[/TD]
[TD="class: space"]2.2% + $0.30[/TD]
[TD="class: space"]$2.50 fee on a $100 sale[/TD]
[/TR]
[TR]
[TD="class: space"]$100,000+[/TD]
[TD="class: space, colspan: 2"]Call PayPal[/TD]
[/TR]
[/TABLE]

Yeah Thats The Fees Paypal Charges

 

[zherwin021]

21.5% fee for every transaction? where did you find it?

 

[bigwhite]

That can't be right bro. Check over that percentage again.

 

[bulletservice]

I am sure you are mistaken here, if not "Call Paypal ASAP"

 

[KraftyKyle]

If you're paying 21% in fees you're probably selling something under $1?

 

[saninfotech]

[TABLE="class: cms_table, width: 514"]
[TR="class: cms_table_tableHeader"]
[TD]YOUR MONTHLY
SALES[/TD]
[TD]YOUR FEE PER
TRANSACTION[/TD]
[TD]EXAMPLES[/TD]
[/TR]
[TR="class: cms_table_dotLineBottom"]
[TD="colspan: 3"][/TD]
[/TR]
[TR]
[TD]$0 to $3,000[/TD]
[TD]2.9% + $0.30[/TD]
[TD]$3.20 fee on a $100 sale[/TD]
[/TR]
[TR]
[TD="class: cms_table_space"]$3,000+ to $10,000[/TD]
[TD="class: cms_table_space"]2.5% + $0.30[/TD]
[TD="class: cms_table_space"]$2.80 fee on a $100 sale[/TD]
[/TR]
[TR]
[TD="class: cms_table_space"]$10,000+[/TD]
[TD="class: cms_table_space"]2.2% + $0.30[/TD]
[TD="class: cms_table_space"]$2.50 fee on a $100 sale[/TD]
[/TR]
[TR]
[TD="class: cms_table_space"]$100,000+[/TD]
[TD="class: cms_table_space, colspan: 2"]Call PayPal...........


really call paypal support.................
[/TD]
[/TR]
[/TABLE]

 

[sk8tavou]

If you tell your customers to send money as services you dont pay fees! I know this for payments of 100-200-300$ i dont know if its the same for bigger prices!

 

[K1NGS]

maybe you should learn how to read first. just saying

 

[markhenry121]

Receive payments

International payments (outside India):
2.9% + $0.30 USD to 3.9% + $0.30 USD

 

[wke102]

You made a typo on the %? Else you need to contact paypal...LOL

 

[dbyrn]

In addition to the regular fees you can get hit on exchange ratios. However 20% spread could be only on a very rare currencies.

D.

 

[Sampler]

21.5%? How can that be? Standard PayPal fees are 2.9% + $0.30.

Ah k, well my service is $2 so it's the $0.30 bit that's hurting me.

 

[catlet1]

I think you should ask paypal.

 

[orzyman]

are you sure it wasn't someone posing as paypal sent you that to rip you of your money?

 

[wpbacklinks]

Ah k, well my service is $2 so it's the $0.30 bit that's hurting me.

This..

 

[won_1983]

There is some thing wrong i have a business account in PayPal and fees is : 4.9%+0.30$