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09-15-2020, 02:02 PM | #1 |
Senior Member
Join Date: Sep 2011
Location: Seward Nebraska
Posts: 1,596
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Re: paypal gift option on sales.
I absorb all of the paypal fees . I feel it is honestly worth it . Fast shipping with the ease of printing labels. This does incur a little more risk for the seller but security for the buyer . If you buy a diamond and instead receive a piece of coal there is no recourse if using friends and family payment option. After all in paypal's eyes you just sent a "friend" some money . You never bought anything to avoid fees . Sadly many buyers have found ways to scam sellers . Like this .The the item is perfect when receivedf by buyer . The buyer can say the item is not as received. Paypal says return to seller . Buyer puts a brick in the box and sends it to you . Paypal now has a tracking # and will refund the buyer . In some cases before you even receive the brick. You do not have to refund the buyer , paypal has done it for you . And good luck presenting your case to paypal. Sigh
As far as fees, paypal does not charge 2.9% . It is 2.9% plus a transaction fee . On low dollar items the transaction fee plus 2.9 usually hits about 4 to 5 % Also the fees are also placed on shipping . So add a few more % there. Usually my fees on average sales are between 5 and 10 dollars per sale . So if you ship a thousand packages a year using paypal that is $5000-$10000 in fees that you have to come up with . As far as people that use the friends deal that is up to them. Just remember when paypal loses enough money it will very quietly disappear. |
09-17-2020, 11:25 PM | #2 | ||
Moderator
Join Date: Jun 2008
Location: Modesto, CA
Posts: 5,775
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Re: paypal gift option on sales.
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