pay pal fee's
 

could someone explain the paypal fee's i dont quite get it... :woot:









joke

:thumbsup:

Paypal 's fee is related to your specific country and the policy .

IF you are a USA User , fee is the least - 2.9% , no withdraw charge ，if you are Europe user fee is 3.9% i think with withdraw fee .

Asia users are charged the most , 3.5% + $35

What's PayPal? ;)

this ones easy :thumbsup:

some big cheese at paypal charges you vast amounts for doing sod all, and we take it with a thanks :thumbdown:

not quite sod all. they provide a valuable service to us making online purchasing very quick and easy.

Sorry about kicking this off - and then getting it wrong...proving maths and Bushmills do not mix.

I was trying to work out how much to pay someone such that they got exactly the amount agreed, so that I covered the fees. It's not as easy as it looks, because, as was pointed out, you have to pay fees on the extra you added on to pay fees.

I'll have it sussed in a jiffy, I'm trying to get my maths up to scratch for my OU studies, this is good practice.

This was posted in the for sale section this morning
http://ppcalc.com/uk it explains it all.

£3 for every 100

No £3.73

Please take this in the spirit it is intended.

If the amount of money sent = S and the amount of money received = R

Then

R = S - 0.2 - (S x 3.6%)
So

R + 0.2 = S(1 - 0.036)

Which means that

S = (R + 0.2) / 0.964

That is all assuming the 3.6% is charged on the 20p fixed charge which I assume it will be.

Much easier to use the web site to calculate it for you.
And yes I am a bit of a geek.

From here:

https://www.paypal.com/uk/cgi-bin/we...side&countries=

the fee is 3.4% + £0.20 and not 3.6% + £0.20

He does, however, get marks for showing his working :)

FFS pay 4% then or send it as a friggin gift and let paypal work it out:thumbdown:

So you don't pay the percentage on the 20p.
That changes things completlely.

colmo, Location: Fermanagh, N. Ireland

says it all really :thumbsup:

re gifting.. it still seems to add fee's what options do you choose? (i have a Premier account) i always just send as a goods payment any ways best way...


btw i asked my 1st post in Jest lol:woot:

YOUR just annoyed you didn't think of it:p

They do offer some fab buyer protection in all honesty.

Annoyingly I did, probably after they had to be fair, but before I knew it exisited.