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Old 04-02-2012
cigbunt cigbunt is offline
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Default pay pal fee's

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









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Old 04-02-2012
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Old 04-02-2012
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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
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Old 04-02-2012
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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.
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Old 04-02-2012
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This was posted in the for sale section this morning
http://ppcalc.com/uk it explains it all.
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Old 04-02-2012
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£3 for every 100
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Old 04-02-2012
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Quote:
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£3 for every 100

No £3.73
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Old 05-02-2012
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Quote:
Originally Posted by bodgit View Post
No £3.73

So you only have 2 choices :

1 : add £3.73 more in your sales price .

2 : forget about this profit loss in trade


Paypal 's service i think is at easy using , fast pay .

But still the fee is high
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Old 04-02-2012
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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.
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Old 04-02-2012
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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
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Old 04-02-2012
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colmo, Location: Fermanagh, N. Ireland

says it all really
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Old 04-02-2012
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Quote:
Originally Posted by Irri Tant View Post
colmo, Location: Fermanagh, N. Ireland

says it all really
It's not my fault we're surrounded by fine whiskey...seems a shame not to sample it...
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Old 04-02-2012
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Quote:
Originally Posted by cigbunt View Post
could someone explain the paypal fee's i dont quite get it...

joke
What's PayPal?
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Old 05-02-2012
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Quote:
Originally Posted by Getpip View Post
What's PayPal?

You donn't know what is Paypal ???

It is now the most popular online payment tool !
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Old 04-02-2012
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Quote:
Originally Posted by cigbunt View Post
could someone explain the paypal fee's i don't quite get it...









joke
this ones easy

some big cheese at paypal charges you vast amounts for doing sod all, and we take it with a thanks
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Old 04-02-2012
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not quite sod all. they provide a valuable service to us making online purchasing very quick and easy.
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  #17  
Old 04-02-2012
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Quote:
Originally Posted by bigred5765 View Post
this ones easy

some big cheese at paypal charges you vast amounts for doing sod all, and we take it with a thanks
YOUR just annoyed you didn't think of it

They do offer some fab buyer protection in all honesty.
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  #18  
Old 04-02-2012
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Quote:
Originally Posted by The Chef View Post
YOUR just annoyed you didn't think of it

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.
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Old 04-02-2012
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Quote:
Originally Posted by VintageRacer View Post
Annoyingly I did, probably after they had to be fair, but before I knew it exisited.
Paypal extended the cover they provide for eBay to all purchases (non-gift), eBay or not, within the last 2 year iirc. It was probably to attract web retailers to use them in preference to credit cards.
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  #20  
Old 04-02-2012
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IF it was up to me... (and thank god for you lot it isn't)

Anyone who requests a gift payment should be banned from here and paypal.
Anyone who sends a gift payment deserves to be ripped off.

Simples.
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