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Author
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Topic: Total Ebay/Paypal Costs to Seller is usually between 13.4%-17.9%
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caquaa
Member
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posted July 23, 2011 01:38 AM
        
quote:
Originally posted by flophaus:
This is, of course, if you don't use the personal payment. (Which I don't because I have no need to jeopardize my PP acc.)
all you jeopardize if your ability to send or receive personal payments. If you don't use them then you aren't jeopardizing anything, and if you start using them then really you aren't jeopardizing anything since if the ability to use personal payments was taken away you'd be back to where you are now. Nothing lost and gained the cost of the fees in the mean time. Do I feel like its cheating paypal? Not really. I still sue ebay and when I sell on there (usually things MOTLers don't buy) then I am forced to take a paypal cut on the auction. That's the part that is annoying, you must use paypal to use ebay so they get to double dip on every transaction. I certainly don't mind evening up the score a little.
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gcowhsu
Member
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posted July 23, 2011 10:55 AM
You only lose money on paypal if you pull your money out. It someone pays you 100 through paypal and you send 100 through paypal you don't lose anything. They only charge you if you ask for them to put in your bank account or send a check.
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dwiz
Member
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posted July 23, 2011 11:51 AM
quote:
Originally posted by gcowhsu:
You only lose money on paypal if you pull your money out. It someone pays you 100 through paypal and you send 100 through paypal you don't lose anything. They only charge you if you ask for them to put in your bank account or send a check.
This is why personal payments are under scrutiny .
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Harmless
Member
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posted July 23, 2011 02:12 PM
quote:
Originally posted by gcowhsu:
You only lose money on paypal if you pull your money out. It someone pays you 100 through paypal and you send 100 through paypal you don't lose anything. They only charge you if you ask for them to put in your bank account or send a check.
Have you ever used Paypal? Because that's not how it works.
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flophaus
Member
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posted July 24, 2011 09:07 AM
quote:
Originally posted by gcowhsu:
You only lose money on paypal if you pull your money out. It someone pays you 100 through paypal and you send 100 through paypal you don't lose anything. They only charge you if you ask for them to put in your bank account or send a check.
Wrong. While I do believe they charge like $1.50 or some small fee for them sending you a check, extrapolating PayPal funds to your bank acc. costs you nothing at all.
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MTDetermine
Member
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posted July 24, 2011 10:21 AM
To clarify, sending Paypal Personal Payment 1) Costs 0% if within same country 2) Costs 0.5% if different countries 3) Costs 1.0% if paying from Asia to USA, or USA to Asia (not sure about other combination though)
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caquaa
Member
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posted July 24, 2011 01:33 PM
quote:
Originally posted by gcowhsu:
You only lose money on paypal if you pull your money out. It someone pays you 100 through paypal and you send 100 through paypal you don't lose anything. They only charge you if you ask for them to put in your bank account or send a check.
kinda wrong Paypal payment I received:
quote:
Amount received: $98.54 USD
Fee amount: -$4.14 USD
Net amount: $94.40 USD
[Edited 1 times, lastly by caquaa on July 24, 2011]
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Timmyhill
Member
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posted July 25, 2011 04:52 PM
What percentage would ebay fees have to be for more people to find them exceptable... Or put differently what would most people find fair?
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caquaa
Member
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posted July 25, 2011 05:14 PM
Combine paypal + ebay ~10%
with the volume that goes through there, that should still be fine. I think it may be a case of the smaller sales helping support the breaks they provide to the people moving large volumes.
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yukizora
Member
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posted July 25, 2011 05:53 PM
quote:
Originally posted by Timmyhill:
What percentage would ebay fees have to be for more people to find them exceptable... Or put differently what would most people find fair?
Currently I'm on an auctioning website that charges 4%. Which isn't too bad, knowing how many people use it 
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TBwaar
Member
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posted July 27, 2011 10:36 AM
quote:
Originally posted by Bagbokk:
Not trying to be difficult, but trying to figure one thing out:You used $50 fixed price eBay, comprising $48 price and $2 shipping. You took 3.9% off $50, and took 11% off $50, this is fine because eBay takes fees off shipping too.
You also took $2 off shipping, this is fine because that is actual cost of shipping. But you ended up with $9.45 "cost" (seller receives 40.55 out of 50.00), my question is shouldn't that be out of 48.00--so, $7.45 actual "cost" (seller receives 40.55 out of 48.00, the value of the cards not including shipping)? This comes out to 15.5%. Bleh, finding it hard to explain and I don't do math anymore. Bah I'm done editing 
QFT Here's a different way to look at it. If you sell the card here for 48 plus shipping, you should have $48 in your pocket after all is said and done. If you made the same transaction on ebay, per your math, you would net $40.55. The difference is 7.54 or 15.5%
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gcowhsu
Member
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posted July 27, 2011 04:15 PM
quote:
Originally posted by caquaa:
kinda wrongPaypal payment I received:
[QUOTE]
Amount received: $98.54 USD
Fee amount: -$4.14 USD
Net amount: $94.40 USD
[/QUOTE]I only pay fees for sending money via personal gift and credit card. I pay no fees for receiving money and buy things through ebay.
Payment Sent (Unique Transaction ID # 5WP54775AC995313F)
Business Name:
MTGDeals.com (The recipient of this payment is Verified)
Email: Business Contact Information
Customer Service Email: Amount sent:
-$210.00 USD
Fee amount:
$0.00 USD
Net amount:
-$210.00 USD Date:
Jul 7, 2011
Time:
16:13:10 PDT
Status:
Completed Subject:
You've got money!
Funding Type:
PayPal Balance
Funding Source:
$210.00 USD - PayPal Account
-------------------------------------------------------
Payment Received (Unique Transaction ID # 7JH42019HL380674V) Sent by:
nick walters (The sender of this payment is Verified)
Buyer email:
Payment sent to: Amount received:
$100.00 USD
Fee amount:
$0.00 USD
Net amount:
$100.00 USD Date:
Jul 5, 2011
Time:
23:43:06 PDT
Status:
Completed Subject:
You've got money!
Payment type:
Instant
[Edited 2 times, lastly by gcowhsu on July 27, 2011]
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caquaa
Member
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posted July 27, 2011 05:08 PM
quote:
Originally posted by gcowhsu:
I only pay fees for sending money via personal gift and credit card. I pay no fees for receiving money and buy things through ebay.
well thats kinda what this is all about. Of course you don't pay paypal fees when you buy you're not the one receiving the money. If you SELL something on ebay, you'll have to pay paypal fees to receive the money. The payments you're posting that you received are personal paypal payments, hence there wasn't a fee.
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MTDetermine
Member
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posted July 27, 2011 07:47 PM
There are quite a few posts here focusing on "I don't pay fees when I pay using paypal" and "Costs me money to receive paypal money". According to Economics, it is ALL the SAME. Why? The seller will always be charged paypal fees (unless you managed to dodge it via personal payment to someone to the same country as you, using a trust system like MOTL). Do you think the seller will be so stupid, as to not factor the paypal fees into his cost of business? Most sellers factor paypal fees into their eventual selling prices. I will provide 2 examples: 1) Approach an online shop for a few large purchases. They are happy to work something out where I got 3% discount when I use personal payment. (Pls don't ask me which shop this is. Its confidential). 2) Most MOTL members will say "0% if personal payment. Add 4% if cc-paypal or payment for goods/services".
The fee arrangement on ebay gives buyers the "illusion" that they are not charged 4% for sending payment. But the sellers on ebay, especially those BIN items, will definitely have factored in the 4% cost into their pricing.
The actual burden of the 4% paypal fees lies in the buyers, even though it is levied on the sellers.
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