Paypal fees for all transactions :(

Discussion in 'Growing and Managing a Business' started by simplyjo, Jun 6, 2009.

  1. Nazreen

    Nazreen
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    It's usually when you haven't received the merchandise that you bought or there were some very bad defects in the merchandise that happened during shipping. This is for the protecting the buyer.
     
  2. GekiDan

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    What I meant is if I have already received and accepted the payment, is that the time that a chargeback can occur?
     
  3. Fergal

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    That probably depends on the terms and conditions of the credit card company the purchaser used to make the purchase. I use an Irish AIB Visa card, they are very keen to protect the security of their card holders and it is relatively easy to issue a chargeback.

    I once say a listing on my credit card statement for an online company that I'd never heard of. Even though it was more than a month after the transaction, before I contacted my credit card company, they had no problem cancelling the transaction and refunding my money. However, this was the only time I'd ever done this and I'm sure that if a buyer made a habit of this they would begin to ask questions.
     
  4. simplyjo

    simplyjo
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    Hi

    Firstly, even paypal offers senders option of chargeback - which is good.

    Secondly, I guess paypal is not charging any fees at all to receivers when sender is sending bulk payments - Anyone got any updates on that ? Yest I sent USD 247 to a writer and he was not charged any PP fees at all - What was that all about ? I thought they were charging 3.4% + 0.30 on each transaction recd , unless sent thru personal tab.

    I have one more question for all - By when can you apply for chargeback in Paypal i:e; within how many days of the transaction ?

    Cheers,
    Jo

     
  5. Fergal

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    I'm surprised by that to be honest. Was the fee charged to your account, by any chance? Or maybe you accidentally used the Personal tab?

    You have 45 days to open a dispute.

    More here on PayPal.
     
  6. vlt

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    Strange if you didn't send him the money throw personal tab.
    If I remember right you can chargeback in 40 days from the date of the deal.

     
  7. GekiDan

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    Maybe he have sent it before the date the new TOS was implemented.
     
  8. simplyjo

    simplyjo
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    No I sent it just 2-3 days ago.

     
  9. GekiDan

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    Maybe it's just a glitch with the system.
     
  10. juicemane

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    I use paypal and ebay
    and i incorpate sales tax to cover paypal fees
    just an idea
     
  11. Fergal

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    Can you please tell us a little more about that and explain how you do it? Does it just apply to purchases and sales through eBay?
     
  12. shyflower

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    Taxes are what a government charges, not what a merchant charges. If you feel the need to incorporate PayPal fees (which are in the US, a tax deductible business expense) into your transactions, you can do it by either raising your prices or by tacking them on the the shipping and handling charges.

    I know what the sales tax is in Minnesota, if I saw it jump to over that amount, I'd certainly abandon the transaction as coming from (what I would consider) an unscrupulous seller.
     
  13. juicemane

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    thanks man, I just don't like receiving way less than what I am expected due.
    Sometimes I raise the shipping price by $5 just to cover the losses i will experience from paypal taxes, withdrawal fees, ebay fees, etc.
    I noiticed that ebay does not take money from shipping fees, so thats good.

    edit: ebay also has a method to add sales taxes to the final price that the buyer will pay, most ebay sellers do not use this method, but I have used it for a little bit to cover the ebay fees and paypal fees.
     
  14. GekiDan

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    Anyone here got a problem when they received lots of Personal fees?
     
  15. Fergal

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    The "Personal" tab should only be used when it is in fact a personal money transfer, e.g. when sending money to a family member. Using it for commercial transactions is against PayPal's terms and conditions and could get your account banned. More here on PayPal.

    I've also read that people who sent as little as two payments classified as personal transactions, being charged for all future transactions, even when classified as personal.
     
  16. GekiDan

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    Ok. Thanks for the information.
     
  17. youbetcha1018

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    I have used Paypal once and no more. Paypal is charging me much and I could not afford to loose that much of a penny. I switched to another service. And I'm glad had no trouble with it.:)
     
    #57 youbetcha1018, Jun 29, 2009
    Last edited by a moderator: Jul 1, 2009
  18. Fergal

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    Which service did you switch to?

    Also click here for details on how to add your signature.
     
  19. Mynameis...

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    Wow, that is considered a big amount if you consider moderate or small transactions (like in my case) and is considered negligible for large transactions. I don't think it's an idea to risk your account and make it personal. Premiere account is the most reliable type of account.
    By the way, I have one question, how do you verify your paypal account. Ty.
     
  20. Mikey

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    Thanks for the link to the fees page, Fergal. I'd been googling and found you (again aha).

    Paypal recently charged me $9 for receiving a $200 payment, surely this isn't right?
     

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