09-23-2017 06:55 PM
Hi. I am new-ish to selling and have a question about the order of operations on sellers fees. I have two items sold for a totoal of $351. If the order of fees is: Money to Paypal, paypal fees collected, eBay listing/selling fee collected then net to me, it results in a higher amount of fees than if the order is eBay listing/selling fee collected, money to paypal, paypal fees collected, net to me. Like this:
$351 to paypal
$10.49 Paypal Fee(2.9% + $0.30)
$35.10 eBay listing fee
$305.42 to me
VS
$351 sale
$35.10 eBay fee
$315.90 to PayPal
$9.46 PayPal fee
$306.44 to me.
$306.44 - $305.42 = $1.18 more in fees because ebay sends the money to it's sister company paypal and THEN re-collects it's fee. Only $1.18, but over millions of dollars of transactions....
09-23-2017 07:01 PM - edited 09-23-2017 07:05 PM
buyer pays PayPal.
eBay is the venue for selling. It does not handle your money from the buyer
EDIT: better question would be why does PayPal get a percentage. It should just be a fee for transfer money. All electronic. No more work to transfer $200 than it is to transfer $2
09-23-2017 07:14 PM - edited 09-23-2017 07:17 PM
Ebay takes 10% final value fees on shipping too.
Both companies independently charge their fees based on the total amount received by the seller (including shipping).
There is no order of operations. They both hit you on the full amount and then you get whatever is left.