After hearing all the horror stories about e-bay, Pay Pal stories I wonder why people do e-bay, or Pay Pal anyway.
"Paypal add 3%"..... ??
- Thread starter 1pRoscoe
- Start date
Rocket354 said:
Like I said, a seller can list an item for whatever they want to. If the price is inline with the value, it will sell.....
Again, it's people that want to charge a premium (or their fees, rather) to use a service that gets them their money quicker....
CK6Speed said:
I am a Power Seller and if you try this on ebay they will cancel your listing immediately. However, The seller is zapped the 3% PayPal fee on the amount the item sells for right off the top before the funds are added to the sellers account on all transactions in addition to the sellers listing fees and final value fees for ebay... It is against PayPal policy to do this and I am surprised they have not cracked down on it.
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Well, the way I see it is that Paypal charges that 3% to the seller so why should the seller turn it around and put it on the buyer? If Paypal wanted the buyer to pay it they would have put it on the buyer. In all fairness, they should split it 1.5% on each end and then everyone can STFU about it. Personally, I had one transaction on here where the seller wanted me to pay the 3%. I wasn't thrilled about it but what the hell, I'd have to pay sales tax if I bought it somewhere else.
And I agree that if the seller wants to charge that 3% then they should tack 3% on to their original price and then not even mention it.
MULLY
And I agree that if the seller wants to charge that 3% then they should tack 3% on to their original price and then not even mention it.
MULLY
Ebay is forcing sellars to take paypal now. (under a certain amount of sales) When I sell on ebay, I don't want to take paypal. I can't stand that i have to give them 3% of the sale. You know who owns Paypal? Freakin' ebay!
I like to do it by check or money order, or if close by good ol' cash.
On my last sale of a collectible, I was forced to take paypal against my wishes, and I told the buyer the same, please send check, or include the fee for paypal.
Hope my experience helps.
I like to do it by check or money order, or if close by good ol' cash.
On my last sale of a collectible, I was forced to take paypal against my wishes, and I told the buyer the same, please send check, or include the fee for paypal.
Hope my experience helps.
PS I own ebay stock, and am really thinking about selling. That company has strayed from it's original core business model. It was the perfect biz model in my opinion. No storage, no shipping, no sales, no shrinkage, just brokering electronically. Of course tons of comp equip and security and such.
But now they have grown fat, their stock is down, and I believe they are begining to become RIPE for a new ebay to come along and kick some tail with lower fees etc. There are a lot of unhappy users especially sellars out there. JMO.
But now they have grown fat, their stock is down, and I believe they are begining to become RIPE for a new ebay to come along and kick some tail with lower fees etc. There are a lot of unhappy users especially sellars out there. JMO.
One other thing, 3% is pretty steep. I totally understand that Paypal has to charge something to stay in existence but 3%? With the number of transactions they do daily they could charge .5% and still make a killing.
Yahoo auction in Japan is like that. They charge you a monthly membership fee of like 3 bucks or something, then they charge you 10 cents for putting something up on auction and then charge you, the seller, another 3% on the sale. Ebay didn't make it over here. They tried to get it off the ground but the Japanese people started off with Yahoo auction and they stayed with it. Ebay tanked and went under. Once that happened Yahoo went nuts with the charges. No major competition around to stop them.
MULLY
of course Yahoo will cut your auction off if they find you charging the fee to the customer.
Yahoo auction in Japan is like that. They charge you a monthly membership fee of like 3 bucks or something, then they charge you 10 cents for putting something up on auction and then charge you, the seller, another 3% on the sale. Ebay didn't make it over here. They tried to get it off the ground but the Japanese people started off with Yahoo auction and they stayed with it. Ebay tanked and went under. Once that happened Yahoo went nuts with the charges. No major competition around to stop them.
MULLY
of course Yahoo will cut your auction off if they find you charging the fee to the customer.
Rocket354 said:
I think from a buyers perspective, it sounds and feels better that everyone is paying the same price regardless of payment method and nobody is getting preferential treatment on price based on payment method. Kind of like going into Walmart and knowing that if you pay by credit card, you are still paying the same price as the guy paying in cash. Just like how a company has to pay the credit card company for accepting a Visa, or Mastercard, all his customers still pay the same price. I view paypal as just another method of payment, so cash, check, credit card, paypal, pigeons, no different. As long as everyone is paying the same monetary value for the goods.
1pRoscoe said:
As a very general concept, yes, Ross, I agree with you. But, if somebody is selling something at a deep discount or less than cost, then asking the buyer to cover that 3% is not out of line IMO. I for one am certainly not going to pass on a good deal for $1000 having to kick in an extra $30. Buyers don't have to buy...that's the way I look at this.
And we all know, there is no more "real time" anymore with getting a payment. The only real time is when it gets sucked out of your bank account....never in.
Lots of good comments in this thread about Paypal and EBay...a couple of lost souls.
I have been using PayPal for around 8 years or since it started and have had next to no problems. Knock on wood.
The cost of accepting PayPal and Credit Cards is part of the cost of doing business. Most sellers just build those costs into their pricing and then offer discounts if a person pays in cash.
PayPal is instant payment. At least for me it is. I am able to withdraw immediately with no limit as soon as a payment hits my account.
Unless a deal is insanely good I won't buy from a seller that asks for the fees. I don't think a lot of sellers realize that this is offensive. If you as a seller don't like the PP fees then don't take PP. If I see an auction where the shipping fees are jacked up or it's indicated that the seller is charging for payment fees then I generally skip it.
I have found that it's much better not to annoy the buyers by nickle and diming them after the sale. Just build your costs into the prices you charge and no one will care.
The cost of accepting PayPal and Credit Cards is part of the cost of doing business. Most sellers just build those costs into their pricing and then offer discounts if a person pays in cash.
PayPal is instant payment. At least for me it is. I am able to withdraw immediately with no limit as soon as a payment hits my account.
Unless a deal is insanely good I won't buy from a seller that asks for the fees. I don't think a lot of sellers realize that this is offensive. If you as a seller don't like the PP fees then don't take PP. If I see an auction where the shipping fees are jacked up or it's indicated that the seller is charging for payment fees then I generally skip it.
I have found that it's much better not to annoy the buyers by nickle and diming them after the sale. Just build your costs into the prices you charge and no one will care.