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Thread: Paypal fees are bloody murder

  1. #1
    Join Date
    Oct 2011
    Posts
    101

    Default Paypal fees are bloody murder

    Being paying massive fees for years with ebay and paypal and this one beats all off them.sold van for 2800 and buyer paid via paypal. The fee to me just on paypal was 95 for the transaction. ...how do they sleep at night

  2. #2
    Join Date
    Feb 2014
    Posts
    27

    Default bloody

    I have no idea... however I think that they can cause they are a company that is trying to make a profit. So, well there they do it! I love how you used Bloody murder in your post though! Makes me want to go watch a Rob Zombie movie or video!

    Bloody Hell!

    ~S

  3. #3
    Join Date
    Jan 2014
    Posts
    280

    Default

    Yup, we just gotta deal with it.

    I sold 2 consoles recently for little over 200 each and I've gotta pay 46.

  4. #4

    Default

    That is how PayPal is, very huge fees even if you are transferring a small amount, you will be charged with large transaction fees. I would be checking out other alternatives.
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  5. #5

    Default

    That's like 3% or something like that. Not that big when you look at the percentage but huge when you check your Paypal account. It would have been awesome if the seller payed in cash since even by using an alternative the commission would have been big.

    Guess there's a lesson here, don't use Paypal for expensive transactions.

  6. #6
    Join Date
    Jan 2014
    Posts
    303

    Default

    That is an absolute ridiculous amount of money lol. They should cap it off at like 30$ or something. Taking that much makes people not want to use your business.
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  7. #7
    Join Date
    Jan 2014
    Posts
    280

    Default

    Quote Originally Posted by pr0xx1d View Post
    That is an absolute ridiculous amount of money lol. They should cap it off at like 30$ or something. Taking that much makes people not want to use your business.
    It doesn't stop people wanting to use your business because the buyer is not charged this amount. Only the seller.
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  8. #8

    Default

    Wow, that's a lot! Why is the fee so high?

  9. #9

    Default

    That's how Paypal makes their money, robbing those trying to make a living. 3% could be a whole lot worse though, so maybe it isn't that bad. It still sucks that we have to go through so many hoops just to use their service.

  10. #10
    Join Date
    Jan 2014
    Location
    eastern North Carolina
    Posts
    151

    Default

    It doesn't sound like much, but it can really add up. I guess they have to make money somehow, though.

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