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paypal fee question....help!!!!!!

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Old Feb 26, 2009 | 02:44 PM
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Default paypal fee question....help!!!!!!

Ive just sold something on ebay for £795 but the guy who won it is overseas and wants to pay by paypal....he said he will pay the charges and wants to know much they would be on this amount...does anyone know how much they take....is it a percentage and does it differ depending how much is spent??
How much would i be looking to pay on this please?
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Old Feb 26, 2009 | 02:46 PM
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Originally Posted by lammylama
Ive just sold something on ebay for £795 but the guy who won it is overseas and wants to pay by paypal....he said he will pay the charges and wants to know much they would be on this amount...does anyone know how much they take....is it a percentage and does it differ depending how much is spent??
How much would i be looking to pay on this please?
Around 3-4% I'd just whop 4% on top. End of.

However, be VERY careful. In reality, I wouldn't actually do it. Too much chance of a chargeback I reckon. I've just had someone enquire about one of my items and I have told him bank transfer or he doesn't buy it, simple as that.
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Old Feb 26, 2009 | 03:27 PM
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Be careful mate, theres alot of con artists buying from overseas. I hate seeing anyone getting screwed over. Payal will take 4% from the £795 so about £40 roughly.
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Old Feb 26, 2009 | 03:44 PM
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Originally Posted by lammylama
Ive just sold something on ebay for £795 but the guy who won it is overseas and wants to pay by paypal....he said he will pay the charges and wants to know much they would be on this amount...does anyone know how much they take....is it a percentage and does it differ depending how much is spent??
How much would i be looking to pay on this please?
for that kind of money; i would insist on a bank transfer

if he's genuine he wont have a problem

far too many idiots & con artists
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Old Feb 26, 2009 | 03:59 PM
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4.24% I whack on for anybody that pays me via Paypal.
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Old Feb 26, 2009 | 04:12 PM
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4% but take the money out asap !!.. just incase .

.
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Old Feb 26, 2009 | 04:12 PM
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Exactly 3.4% of the total + £0.20
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Old Feb 26, 2009 | 04:21 PM
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On such a big amount i would defo prefer bank transfer

BTW it's also much cheaper for him to pay by bank transfer,so why would he want to pay by PayPal
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Old Feb 26, 2009 | 04:38 PM
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cheers for the info people.....i know 2 ppl that have just been had on paypal too..maybe i'll insist on bank transfer then...i take it this is 100% safe giving bank details to a stranger??
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Old Feb 26, 2009 | 05:27 PM
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IBAN number and SWIFT code should be enough

100% safe mate,they can't do anything with only a number
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Old Feb 26, 2009 | 07:22 PM
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the guy seems to think a bank transfer will cost him more than the £40 paypal fees....ummmmmm!!!!

what do you think?
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Old Feb 26, 2009 | 07:26 PM
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http://www.rolbe.com/paypal.htm

Click the UK flag
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Old Feb 26, 2009 | 07:26 PM
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If he sends it as 'money owed' from the personal section, then he can choose to pay the fee's at his end when he sends the money.
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Old Feb 26, 2009 | 07:29 PM
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Originally Posted by AlexD
4% but take the money out asap !!.. just incase .

.
Theres a common misconception. Drawing the money out does NOTHING. If there is a chargeback it will turn into a debt which Paypal will use normal recovery methods to get back if need be.
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Old Feb 26, 2009 | 08:48 PM
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Originally Posted by lammylama
the guy seems to think a bank transfer will cost him more than the £40 paypal fees....ummmmmm!!!!

what do you think?
circa £30 from most uk banks to overseas; it will be similar coming into the UK
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Old Feb 26, 2009 | 11:35 PM
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Originally Posted by Christian and Beccy
Theres a common misconception. Drawing the money out does NOTHING. If there is a chargeback it will turn into a debt which Paypal will use normal recovery methods to get back if need be.
100% correct! My mate got done like this from a guy in Europe a couple of years ago, he sold a mobile phone for £200, withdrew the money and actually spent the cash it, but a week after the transaction had taken place he was £-200 in his paypal account and was threatened with debt collection agencies unless he brought his balance into credit.

Balance transfer is the safest way (for you) although not everyone is a con man, 4 weeks ago i sold a stroker kit to a guy in germany for £900 and he paid via paypal, i posted it out to him, he received it ok, but its always a risk for the seller.
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Old Feb 27, 2009 | 04:50 AM
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More then 40 Pounds seems much for a bank transfer,here in Holland it costs about 12 pounds for a transfer to non euro countries and i believe to countries who use the euro it's free of charges

From which country is the guy????
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Old Feb 27, 2009 | 05:19 AM
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-you cannot refuse a paypal payment without being reported,
saying that a charge back would be a -BIG PROBLEM FOR YOU.AND TEMPTING FROM OVERSEAS!!!------
IF YOU DO SEND GET IT!>>> TRACKED IT AND SIGN FOR!!!!!! DEPENDING ON SIZE ETC ITS CAN BE FORTUNE, LESS LIKELY TO SAYS ITS NOT ARRIVED THEN THE LOTS GONE CASH ASWELL------
IF YOU DO DO IT THE PAYPAL WAY-REMOVE THE CASH FROM PAYPAL TO YOUR ACCOUNT THEN REPORT CREDIT CARD MISSING -THEY THEN CANNOT GET TO YOUR MONEY-YOU WILL GET SHIT!BUT THEY WONT GET THE CASH------------
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Old Feb 27, 2009 | 05:23 AM
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Also!!!!!!what you can do is send a letter registered to be signed for at the same time you post the goods -
see what im getting at????
That way you have a record of tracking for a none existing item that can be used as a sold item!!!!!!!!!!!!!!!--no arguments you signed for it!!!!!!!-
>>>>>>>>> remeember this for the future
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Old Feb 27, 2009 | 08:22 AM
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i think the moral of this story is not to sell to anyone overseas...period...lol

More hastle than its worth!!
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