paypal fee

[BobbyBobBob]

Can anyone tell me how much will be in my paypal account after paypal have deducted the usual fee for selling, if somebody pays me £87?

Is it around £84??

As exact as possible

Thanks

[snags]

Ebay will take 10% of the Final Value Fee (what your item sold for) plus whatever your insertion fees were.

[factor-fiction]

It's ebay not paypal that deduct the fee. In addition to the fees mentioned by snags there will be any additional fees for anything like 'buy it now' fees

[bednobs]

so £8.70 exactly

[snags]

^ Plus any advert insertion fees (bold heading, sub heading, picture gallery etc.)

[knockavacca]

your deduction for "paypal only" will be £8.70, so £87.00 - £8.70=£78.30

[BobbyBobBob]

I don't think I made myself clear in the post. My understanding of the fees is as follows

Insertion fee ( eBay) ( comes out after a certain period of time along with final value fee) in this case it will be £7.90 as the item went for £79 plus p&p £8.00 which doesn't count.

Final value fee ( eBay) mentioned above

PayPal fee ( this is where I'm confused as i thought if somebody pays an amount of money into my PayPal account, then PayPal will charge me for using this facility. So if £87 goes in ( item £79+ postage £8) then it won't be £87 that shows in my PayPal account, it will be less because of a fee.

That's what I want to know. How much will be left showing in my PayPal account from £87 going in?

[factor-fiction]

£87 won't have gone into your Paypal account-it would be £87-£ 7.90 so that's £79.10

[factor-fiction]

Oh I see, you mean from £87 going into your ebay account how much will go to Paypal.

[bednobs]

i think pp used to charge butdon't anymore

[bednobs]

also they used to charge you for withdrawing money, or if someone paid by card, but they don't anymore

[factor-fiction]

* unless you want immediate withdrawal, in which case there is a withdrawal fee

[windywillow]

Is this any help?

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

[sidkid]

Its a moot point as to whether its Paypal or Ebay that takes your money as Paypal is owned by Ebay.....just thought I'd mention.....

[barney15c]

One thing is for certain , they get their 1lb of flesh out of you with all those extra fees.

[Dee Sa]

sorry if I sound a bit thick but I am new to the paypal lark, if you sell something on ebay and say £50 goes into your paypal account how do you actually get your hands on the cash ?

[ojread2]

It's not a moot point 'just because' PP is owned by eBay
eBay AND PP will take a fee
PP will deduct their fee before you get the money and eBay send you an invoice for the fees - big difference
https://www.paypal.co..._display-fees-outside

[ojread2]

Dee, you can withdraw funds to your bank a/c or just leave it in there for when you buy on eBay
If there is a PP balance, the payment you make for any eBay sale will be taken form that balance first

[ojread2]

https://www.paypal.co...articleID=94037&m=SRE

[Dee Sa]

thank you oj. Dee

[factor-fiction]

Those paypal fees in ojread's link are interesting and seem to suggest that paypal will also take a share of any sales proceeds. But I've checked my ebay and paypal accounts and it doesn't seem to happen.

It looks to me that if I sell something for £20 I get £20 from ebay into my paypal account. Then when I get a monthly bill from ebay (for insertion fees of say 50p plus 10% of any sales, totalling £2.50) my Paypal account is charged £2.50. At no stage can I see a fee for transferring money to Paypal.

I can then withdraw my £17.50 from my Paypal account into my bank account whenever i want and there is no fee there either.

But that makes me wonder how Paypal makes its money,