Paypal Question

[ihmeg]

alright, i have been a member of paypal for almost three years now, I have a business account with them, and I have never seen or heard of a 3% or 4% charge on transactions, nor have I ever been charged a fee for sending / recieveing money...now I'm not saying it doesn't exist but what is the deal with the charge? I recently ordered the Nismo GT LSD from the group buy and the seller said to add additional 23$ paypal charge and i did this but I have also bought an exhaust via paypal and a few other items in the past few days, none of them have any fee or % surcharge on them...so can anyone explain this to me?

[sr_sil80]

Paypal does charge transaction fees to the seller, i'm not too sure of the details. But, i THINK if the money is paid by a checking acount, then it's just tranfered; but if money is paid by a credit card, then there is what i believe is a 3% transaction fee. The reason for this is b/c credit card companies charge their vendors for each transaction, in this case it woud be paypal, so they are charging the seller the fees.
Hope this helps

[smellslikecurry]

ihmeg, you just sent me money for the exhaust an it took off like 10 bucks...damn greedy paypal b

[atom]

They have always charged sellers for charge card transactions. It seems mlike the seller was being a cheap ass and decided to pass the surcharges onto you. Lots of computer companies do that as well.

[justinhustle]

if its a direct transfer they dont charge

[Ian]

yeah, only CC transfer, anyhow i just did the same as you and paid for my Nismo GT...hope to see it soon :)

[mrmephistopheles]

why the FUCK is this in Chat?

[Ian]

you tell me mr.mephistopheles

[ihmeg]

ouch, so angry.... didnt meant to mispost this topic sorry :repost:

[ihmeg]

well any how thank you for the answers to my question i think...but i do pay for paypal via checking account so it shouldnt charge me a fee then! stupid paypal and their facist ways!

[91CRXsiR]

if you have a business account then you get charged $0.30 plus 2.9% unless you have a heavy transaction account then you get charged $0.30 plus 2.7%

if you don't want to have the seller past the surcharge to you then simply pay with a check/money order
but its easier to get ripped off using those methods.

[SimpleS14]

The heavier fees started when E-bay bought PayPal.

[ihmeg]

oh i dont mind paying it...convienence fee i'll call it