Sending Seller Their Paypal Fees

[Kepis]

Sometimes I still wish we had the rep system
cheers Kepis that's neat and straightforward

M

Thanks Mary

 

[Retired Member southey]

I think it would be easier all round if sellers included their Paypal fee & postage cost inthe price of the item in their posts. Joonsy your calculations are correct.

That would be the most sensible and straight forward way to proceed, if you want to sell just accept that your gonna pay the fees.

 

[Johnnyboy1971]

All items i list for sale have postage and fees included. Keep it simple that way.

Eg, spyderco bushcrafter in good condition £90inc post and pp fees.

Its not hard to do is it.

 

[rik_uk3]

Its taking the pee to ask the buyer to cover the fees, you don't go to a real auction, sell something then tell the buyer to pay YOUR fees lol. Go to a live auction house and the seller will pay 10% or more in fees so the paypal fees are not a bad deal in reality.

Kepis hit the numbers on the head but if you have excel

Put item cost including postage in column A1
and this in B1
=+SUM(A1*0.034)+A1+0.2
and thats your selling price including fees worked out.

 

[Chiseller]

It's not an auction, why is it taking the pee ? If your selling summat for 50 quid, then that's what should go in your pocket. If folk want to pay using PayPal....why should the seller pay the fees to provide the buyer with insurance. You don't buy a car or phone etc and get free insurance.



Sent from my HTC One X using Tapatalk 2

 

[markie*mark0]

to me, it depends how much i want the item that is being sold.

 

[ex member pyrophil]

One price makes it easy, or a price and the postage but not the fees, you end up not knowing how much to pay. Just stick the fees on the the price, simple.

 

[rik_uk3]

It's not an auction, why is it taking the pee ? If your selling summat for 50 quid, then that's what should go in your pocket. If folk want to pay using PayPal....why should the seller pay the fees to provide the buyer with insurance. You don't buy a car or phone etc and get free insurance.



Sent from my HTC One X using Tapatalk 2

If your selling 'summat' for £50 then put the price out at £51.90 including fees so your 'summat' gives you your £50 net, not a big deal but just a cleaner transaction.

If your prepared to accept paypal, then like many businesses and individuals who take paypal and other electronic payment methods you either swallow the fees thus reducing profit margin or do as any sensible seller (like myself) will do and add and include them in the selling price.

Not hard to understand or some sort of rocket science I'd have thought.



Sent from my rather good i7 computer using a fibre connection.

 

[Joonsy]

It's now also in that thread as a second post. I might add a bright text with a reference to post 2, just in case people don't scroll down.

Thanks for the heads up.

Hi Ahjno, thankyou, hope i haven't stirred a hornets nest i just wanted some clarification as to how to proceed with a purchase properly, i thought it better to ask first and thus avoid any unseen confusion, thankyou for clearing the waters.

 

[Bigfoot]

I know a few people on here who wont buy anything from people who list stuff as "Buyer pays the fees", cant say that i blame them either tbh.

That's always been a big turn-off for me. It always struck me as folk playing the system and trying to shift a bona fide cost to the punter. Not acceptable to me.

 

[Bigfoot]

It's not an auction, why is it taking the pee ? If your selling summat for 50 quid, then that's what should go in your pocket. If folk want to pay using PayPal....why should the seller pay the fees to provide the buyer with insurance. You don't buy a car or phone etc and get free insurance.



Sent from my HTC One X using Tapatalk 2

Your seller fees are for the privilege of selling your stuff using the Ebay system. Buyer protection is an adjunct of that and if buyer protection wasn't there it would probably reduce the number of potential buyers on Ebay as well as increasing seller's costs. So why should buyers pay your fees?

 

[Chiseller]

The OP isn't talking about eBay....Rik brought the auction word into the thread. I'm not talking about eBay.

Sent from my HTC One X using Tapatalk 2

 

[FGYT]

Ive never understood why people just dont include the fees in their sales listing, it's not brain surgery to work out, most if not all people who sell here will fall into the £0.00 - £1500.00 category, so the fees are 3.4% + 20p per transaction.

So if you want to get £10.00 for something you are selling and lets say P&P is £ 2.00

£ 10.00 + £ 2.00 = £ 12.00

£ 12.00 x 3.4% = £ 0.41 (Rounded up)

Transaction fee = £ 0.20

£ 12.00 (goods + postage) + £ 0.41 (Percentage) + £ 0.20 (Transaction Fee) = £ 12.61

So the selling price is = £ 12.61

Either round it up, leave as is or just take the hit for the sake of 61p

More info on Paypal Fee structure here https://www.paypal.com/uk/cgi-bin/webscr?cmd=_display-receiving-fees-outside&countries=

I know a few people on here who wont buy anything from people who list stuff as "Buyer pays the fees", cant say that i blame them either tbh.

Why they have to pay it if they use paypal its not free they choose a fee based system if they dont like it then use one of the many other available fee free systems we have used for years
Why would a Buyer want to sell to a person who forces you to take less because of the way they insist on paying
its a fee paypal levies against the buyer so why should the seller pay it

Sometimes I still wish we had the rep system
cheers Kepis that's neat and straightforward

M

yes and unfortunately its Wrong


PAy pal will charge fees on the £12.61 sent

the seller will receive £11.98

Not £12

to get £12 the buyer needs to send £12.63

Use this

http://www.clothnappytree.com/ppcalculator/

That would be the most sensible and straight forward way to proceed, if you want to sell just accept that your gonna pay the fees.

Again NO Paypal fees are only applicable when you pay using paypal its an additional TAX that you dont have to pay IF other methods are used ie CASH, Cheque, Postal Order, Bank transfer etc

all of which i take on a regular basis on sales from forums
We are not Ebay so we should not try to Force people to use one payment method

that fees for paypal will be an additional if you choose to use that method should be clearly marked

I always assume if Paypal isn not mentioned in a thread then its not included and will be added if i use paypal

ATB

Duncan

 

[Retired Member southey]

All I am sayimg is why not put the price you want including the fees, if you only offer paypal like me then accept the charge and include it, if its one of many options then show the different prices. Why is that so hard?

 

[swright81076]

Barclay's pingit is supposed to be a good way of sending money instantly to people. Its free to use, you just need the smartphone app then send the money to recipients mobile number.

sent from my Jelly Bean'd galaxy nexus.

 

[Kepis]

Original post deleted because i realy cant be bothered to argue the point

 

[Kepis]

All I am sayimg is why not put the price you want including the fees, if you only offer paypal like me then accept the charge and include it, if its one of many options then show the different prices. Why is that so hard?

It's not mate, but it would seem some people like to make mountains out of mole hills

 

[FGYT]

Original post deleted because i really can't be bothered to argue the point

with self appointed experts

<<<< the bit you removed on the 2nd edit


just correcting the self appointed expert that the maths they showed is wrong

If your going to show how to calculate paypal fees do it right at this level maths is an exact science

BTW I used to do it like you showed but got fed up losing out every transaction took me awhile to work out why

 

[Kepis]

Sorry, mate just where do i call myself "an expert", all i was trying to do is to show people an easy, albeit, it would appear, not 100% accurate way of working things out, but it's good enough to see an approximation of the fees you will pay, well it is for me anyway.

I wont bother in future and leave it to people like yourself to do instead as you obviously have a far superior intellect.

 

[FGYT]

All I am sayimg is why not put the price you want including the fees, if you only offer paypal like me then accept the charge and include it, if its one of many options then show the different prices. Why is that so hard?

yes that's how it supposed to be as long as it says either paypal fees are included OR paypal fees will be added if ness. its perfectly clear IMO

but you are continually asking for BCUK to change the rules and state all prices for including paypal only ie meaning you can only sell on BCUK if paypal is used


I always add on my adds Paypal fees will be added if applicable
I usually sell multiple items on a single add and Im not going to calculate every permutation a person could want and put the price in then recalculate them every time an item sells and is removed from that list

they will get an exact to the penny paypal fee calculated for the items they choose


I do assume some level above moron in my buyers to be able to work out roughly if not i don't think i should be selling them a knife

Infact when I get back to some stuff to sell i will be putting the link to the calculator in all my Adds

When paypal becomes a national Gov tax then it can be included as std