If I sell a razor here, do I have to pay paypal fees? How does this work?
If I sell a razor here, do I have to pay paypal fees? How does this work?
It depends on your account. You should read their FAQ section. Most of the answers are there. Good luck.
Off hand I think if you only have a "personal account" there is no fee but you are limited in how much you can do each month in business. A Premeir or Business account costs you 3% and $0.25 per transaction but you can then do unlimited business.
Tony
The Heirloom Razor Strop Company www.thewellshavedgentleman.com
you can sell your razor anywhere you want, using whatever payment methods you want- personal checks, money orders, visa, netpend, paypal etc.
If you use paypal you will pay a transaction fee, but paypal is so convenient I prefer it for buying from private parties on the web.
We can't stop here. This is bat country.
Z1 54' SS (40's design)
B3 56' SS
F4 60' Fatboy
With a personal account, you may receive payment funded by existing PayPal funds and Instant transfer without fees. With an upgraded account you can receive payment from those and credit/debit cards, but paypal takes 2.9% plus a $.30 transaction fee.
Tim
HELP SUPPORT B&B
And malt does more than Milton can
To justify God's ways to man. -A.E. Housman
Have a question, PM a mod. That's why we're here!
I believe even the personal accounts can now get credit card payments, but you are limited to a certain number per year and the fee is closer to 5%.
As Tim said, cash transfers are free w/ a personal account
--Dusty R.DW.HAHB.
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