Separate Ebay and Paypal fees

[barclays_curious]

Sold an item for $40.   Paypal immediately took $5 before it hit their account.   Then I had another $5 fee from Ebay.
The buyer paid $10 for shipping, but the cheapest shipping option available turned out to be $28.00
Thankfully, I was able to find UPS by logging into PayPal directly and printing a label there, and so paid $18.
That left me with $22.00.   I then had to pay another fee to move the funds into my bank account to use.   Thankfully, that was only $.25.    So, $21.75 left.
ugh.....

[dhbookds]

why did paypal take $5?    should have been a bit above $1.50 on $50......

I presume you now know what you did wrong with the shipping charge?

[richard1rst]

You have been here since '05. Forgive my bluntness but I find it hard to find sympathy for someone making such rookie mistakes after all those years,.

Paypal would have been $1.75 on a $50 sales ($40 + $10 shipping). And why is it someone else's fault if you miscalculated the shipping - because your buyer was charged based on the information you entered and clearly you entered it wrong.

[bonjourami]

Theres no fee for moving PP funds into your checking account, its free.

[pink.fish.rule]

They charge now for "instant transfer" I believe.

[bonjourami]

yes there is a fee for instant transfer.

[bonjourami]

I just meant with all the ops complaining about fees, that he would use a transfer option he has to pay for.

[alcoforever]

Perhaps part of the paypal fee was sales tax?

[richard1rst]

I have never paid a fee to transfer funds to my checking account and it has always gotten there in 24 hours. 24 hours being the case why would I use an "instant transfer"? How much time would that possibly save and how financially desperate do you have to be pay anything to save that infinitesimally small amount of time?

[slippinjimmy]

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@richard1rst wrote:

I have never paid a fee to transfer funds to my checking account and it has always gotten there in 24 hours. 24 hours being the case why would I use an "instant transfer"? How much time would that possibly save and how financially desperate do you have to be pay anything to save that infinitesimally small amount of time?

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Supposedly an Instant Transfer takes about 2 hours. Personally I wouldn't pay 2 cents for this service BUT if I needed to cover a potential bank overdraft by getting cash in my bank account TODAY I might give it a try. Better to pay 25 cents than a $40 overdraft charge and likely a bounced check as well.

[mam98031]

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@bonjourami wrote:

Theres no fee for moving PP funds into your checking account, its free.

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Depends on which method you choose.  The Standard electronic transfer is free.  But the expedited one [which really isn't much quicker] has a fee and having a check mailed to you has a fee.  I always use the free method and have my funds in under 24 hours.

[mam98031]

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@alcoforever wrote:

Perhaps part of the paypal fee was sales tax?

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Excellent point.  That is confusing many with the way PP displays the fee.  It is clearer when you look at the details of the transaction, but the summary pages are misleading at best.

I think you nailed it.

[mam98031]

With respect you should have a better handle on the fees in which Ebay and PP charge.  They aren't secret.  

As another poster brought to your attention, part of what you are calling a PP fee is likely to be the sales tax the buyer paid and then it was transferred to Ebay for remittance to the appropriate state.

As to the shipping.  That one is on you too.  You will need to look closely as to how you set up your listing.  Ebay does not determine what the shipping charges are, you do.  If you are using calculated shipping, you are the one that enters the details of the package and while Ebay's program calculates it, it is driven by the facts you entered.

You can avoid the transfer of money fee by just using standard transfer.  The three options that PP offers are displayed on your screen when you request to transfer your money.  It is important to pay attention and read the information in front of you as it could cost you money, as you found out, just to assume you know what to do.

[luckythewinner]

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@barclays_curious wrote:

Sold an item for $40.   Paypal immediately took $5 before it hit their account.   Then I had another $5 fee from Ebay.
The buyer paid $10 for shipping, but the cheapest shipping option available turned out to be $28.00
Thankfully, I was able to find UPS by logging into PayPal directly and printing a label there, and so paid $18.
That left me with $22.00.   I then had to pay another fee to move the funds into my bank account to use.   Thankfully, that was only $.25.    So, $21.75 left. ugh.....

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1) The buyer paid $10 for shipping because that is how you set up the listing. The fact that you lost $8 and ended up with $21.75 instead of $29.75 was entirely your choice. 

2) The fee to move funds from PayPal is an optional fee that you chose to pay. So the fact that you paid an extra 25 cents was entirely your choice. 

3) Are you sure that PayPal took $5 out of a $50 total payment? Paypal fees are generally 2.9% plus 30 cents, or around $1.75. You will have to give us more details about what fees PayPal. 

But that aside ... 

Yes, the companies whose services you are using will expect to be paid for those services, and their fee structure is available to you before you use them. 

[monroe67]

Did your buyer pay with U.S. Dollars?  

The PayPal fee on eBay transactions in U.S. DOLLARS is a flat 30 cents plus 2.9% (0.029) of the Final Value Fee.

If the transaction is paid for in another country's currency, not U.S. Dollars, the 30-cent flat fee still applies, but the percentage is higher.  If memory serves, it is somewhere around 4 percent, but I could be mistaken.

I learned this lesson (on my selling ID) when I had a couple of buyers from Russia and found that their payment came to PayPal in Russian Rubles.