Paypal Fees

Sampler

Senior Member

Nov 1, 2010

983

882

• Apr 29, 2012

• #1

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

Elite Member

Jr. VIP

Nov 16, 2009

4,462

1,347

• Apr 29, 2012

• #2

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

 

RMX

Elite Member

Jr. VIP

Nov 16, 2009

4,462

1,347

• Apr 29, 2012

• #3

[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

Regular Member

Apr 5, 2012

231

72

• Apr 29, 2012

• #4

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

 

rohit00033

Regular Member

Apr 5, 2012

231

72

• Apr 29, 2012

• #5

RMX said:

[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]

Click to expand...

Yeah Thats The Fees Paypal Charges

 

zherwin021

Regular Member

Feb 20, 2010

353

52

• Apr 29, 2012

• #6

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

 

B

bigwhite

Regular Member

Sep 27, 2011

473

54

• Apr 29, 2012

• #7

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

 

bulletservice

Regular Member

Mar 1, 2008

319

342

• Apr 29, 2012

• #8

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

 

KraftyKyle

Elite Member

Aug 13, 2008

3,669

6,911

• Apr 29, 2012

• #9

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

 

saninfotech

Regular Member

Apr 22, 2012

226

54

• Apr 29, 2012

• #10

[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

Elite Member

Aug 28, 2011

1,797

1,435

• Apr 29, 2012

• #11

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!

 

K

K1NGS

Newbie

Apr 23, 2012

14

1

• Apr 30, 2012

• #12

maybe you should learn how to read first. just saying

 

M

markhenry121

Elite Member

Oct 14, 2011

2,147

242

• Apr 30, 2012

• #13

Receive payments

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

 

W

wke102

Regular Member

Jan 21, 2012

271

19

• Apr 30, 2012

• #14

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

 

dbyrn

Power Member

Feb 20, 2010

746

226

• Apr 30, 2012

• #15

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

Senior Member

Nov 1, 2010

983

882

• May 4, 2012
• Thread Starter Thread Starter

• #16

RMX said:

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

Click to expand...

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

 

C

catlet1

Newbie

Jul 23, 2011

9

1

• May 4, 2012

• #17

I think you should ask paypal.

 

orzyman

Senior Member

May 22, 2011

807

198

• May 4, 2012

• #18

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

 

wpbacklinks

Elite Member

Mar 27, 2010

3,762

1,499

• May 4, 2012

• #19

Sampler said:

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

Click to expand...

This..

 

won_1983

Junior Member

Jul 29, 2011

147

15

• May 4, 2012

• #20

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