Discussion Forum: All Replies to Message 1467514 |
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| | Author: | peregrinator | Posted: | May 2, 2024 14:43 | Subject: | Re: Charging others for your PayPal fee | Viewed: | 94 times | Topic: | Selling | |
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| In Selling, Amazingly writes:
| Can a store in the USA charge other stores in the USA for their PayPal fee?
Thanks
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Not specifically. You can charge everyone the same rate regardless of payment
method though.
Speaking only for myself, I tend not to order from stores that nickle-and-dime
buyers on fees.
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| | | | Author: | 1001bricks | Posted: | May 2, 2024 15:02 | Subject: | Re: Charging others for your PayPal fee | Viewed: | 90 times | Topic: | Selling | |
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| In Selling, peregrinator writes:
| In Selling, Amazingly writes:
| Can a store in the USA charge other stores in the USA for their PayPal fee?
Thanks
|
Not specifically. You can charge everyone the same rate regardless of payment
method though.
Speaking only for myself, I tend not to order from stores that nickle-and-dime
buyers on fees.
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+1
Of course I'll calculate and often it's still worth to buy with fees,
but I had to spend some time to calculate and compare
Which is why in a general meaning I try to avoid shops with fees.
Note conversion fees are quite difficult and may represent the most.
Say you've a 5% PayPal or payment fee (on order total only), but then you've
to pay in a specific currency (HUF?) then it's another 5% but on the whole
(including fees AND shipping).
In the end it's not at all as simple as 5+5, it's maybe 12 or 13% fees
you pay...
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| | | | | | Author: | 129samot | Posted: | May 3, 2024 11:17 | Subject: | Re: Charging others for your PayPal fee | Viewed: | 39 times | Topic: | Selling | |
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| I recon this is done so you get more sales through the "auto select"
feature in "buy all"?
Or does the algorithm account for fees?
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| | | | | | | | Author: | SylvainLS | Posted: | May 3, 2024 11:54 | Subject: | Re: Charging others for your PayPal fee | Viewed: | 41 times | Topic: | Selling | |
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| In Selling, 129samot writes:
| I recon this is done so you get more sales through the "auto select"
feature in "buy all"?
Or does the algorithm account for fees?
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It doesn’t account for real shipping: it uses an average of “recent” “similar”
orders (it’s somewhere in the help I think); so I doubt it does anything with
fees.
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| | | | | | Author: | rankster | Posted: | May 14, 2024 06:36 | Subject: | Re: Charging others for your PayPal fee | Viewed: | 54 times | Topic: | Selling | |
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| In Selling, 1001bricks writes:
| Say you've a 5% PayPal or payment fee (on order total only), but then you've
to pay in a specific currency (HUF?) then it's another 5% but on the whole
(including fees AND shipping).
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This another 5% currency conversation fee could be saved by paying with your
card instead of using PayPal's awful exchange rate.
I have a Wise card which is added to my PP account and if I need to pay in any
other currency than EUR, the card issuer's rate will be used and Wise charges
way less than 5% for conversation.
An example: I paid at a Hungarian gas station 16070 HUF which equaled 41,23 EUR
and Wise charged me only 0,37 EUR for exchanging my EUR to HUF which is less
than 1%.
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| | | | | | | | Author: | 1001bricks | Posted: | May 14, 2024 09:58 | Subject: | Re: Charging others for your PayPal fee | Viewed: | 42 times | Topic: | Selling | |
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| In Selling, rankster writes:
| In Selling, 1001bricks writes:
| Say you've a 5% PayPal or payment fee (on order total only), but then you've
to pay in a specific currency (HUF?) then it's another 5% but on the whole
(including fees AND shipping).
|
This another 5% currency conversation fee could be saved by paying with your
card instead of using PayPal's awful exchange rate.
I have a Wise card which is added to my PP account and if I need to pay in any
other currency than EUR, the card issuer's rate will be used and Wise charges
way less than 5% for conversation.
An example: I paid at a Hungarian gas station 16070 HUF which equaled 41,23 EUR
and Wise charged me only 0,37 EUR for exchanging my EUR to HUF which is less
than 1%.
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Interesting, thank you!
But those who use this trick must be 0.001% of the buyers
For the remaining, it's a lot of fees on top of fees.
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| | | | Author: | zero42593 | Posted: | May 8, 2024 14:41 | Subject: | Re: Charging others for your PayPal fee | Viewed: | 50 times | Topic: | Selling | |
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| I separate everything because of tax rules as some states tax shipping some do
not so for me I am not nickel-and-diming you I am trying to save some people
sales tax.
In Selling, peregrinator writes:
| In Selling, Amazingly writes:
| Can a store in the USA charge other stores in the USA for their PayPal fee?
Thanks
|
Not specifically. You can charge everyone the same rate regardless of payment
method though.
Speaking only for myself, I tend not to order from stores that nickle-and-dime
buyers on fees.
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