Sellers charging paypal fees = cheapskates

DaveH

DaveH

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I'm posting this as a general rant.

Paypal fees aren't that much and when a sellers wants to add those fees on to a sale that means only one thing to me: CHEAPA$$
 
The thing thats really irritating is that if they'd specify PayPal users to do a transfer (which is what I usually do) and not do a credit card charge they'd wouldn't be charged that 3%.
 
As a general rule, you are correct. When dealing with an overseas transaction, however, things get a little more tricky. I had a man in Hong Kong Paypal me $224. I got $214. I thought a $10 fee was a little extreme, but I took the hit and did not charge the man in Hong Kong. Next time, maybe I will ask the overseas buyer to split any Paypal fees. I probably should read the fine print on their fees, as I dont know if that was a set fee for overseas transactions, or a percentage of the amount transferred.
 
i no longer participate with paypal as i think they are way too ani-second amendment and i feel their services which were excellent at one point are now less than adequate....why pay for poor service? .....i simply wont give money to a company who is helping destroy my constitutional rights...i also wont give money to a company who cant provide something resembling customer service....their customer service is nothing short of a Cluster F*** and it takes forever to get them to straighten out their own mistakes/errors...

however i recently sold a knife to a fellow in germany and he offered to pay the paypal fee as part of the deal which was the usual 3 percent...i reciprocated and paid half of the shipping to germany...even though i didnt have a paypal account anymore i was able to find a local dealer who still uses them only for overseas transactionS and he graciously accepted the payment for which i threw HIM a small fee without him asking

feverdoc
 
In all fairness, I think the fee should be split between by both parties involved because you may have not sold that piece if it were not for the credit card. For the majority of us, cash is some times hard to come by at a given instance.

Feverdoc, I am not doubting your word about Paypal being anti second amendent, but could you give me some credible information about their anti activities? If you do, I promise it will be a cold day in h*ll before Paypal makes another buck off of me. Big D1
 
I usually don't accept paypal unless thats what the buyer wants to use. If they choose it, I expect them to pay the transaction fee unless its a piddly amount. Most buyers offer to pay the fee if they offer to pay with paypal in my experiences. If you sell something that is fairly expensive and take paypal, the fees can eat you up. Thats why I like money orders :)
michael
 
When custom knives are being bought and sold, that measley 3% ends up affecting what's collected by the seller by anywhere from 15 to 25 bucks dependent upon the price, of course.

This, on top of practically giving knives away at already discounted prices, and shipping charges, is a little more than I'm willing to do just so someone can rack up their charge card bill instead of taking the hit in the gut...

Professor.
 
Professor, I really do not understand your analogy. If the 3% is so measley, and you used the term measley, why not make it 1.5% and make it measlier? And I think you misunderstood about the credit card because some times a piece is for sell on Monday, and I do not get paid to Friday. You act as somebody is trying to rip you off or something? Your negotiated price point is your business. Do not blame others because of a volatile market demand. Big D1
 
When I sell something I accept a money order, check or Paypal. Paypal benefits the BUYER in that he receives the item faster (I will ship immediately)and offers them protection since they can get their money back if the item is not shipped. If you don't want to pay the three percent, buy a money order and mail it, total cost $1.24.
Nick
 
Diferent strokes for different folks. I include shipping in the price of all my knives. If my customer wants to use Paypal, they pay the 3%.
 
Big D1, I remember seeing a link to a site that showed Paypal supported anti-gun groups, I'll try to find the link tonight and post it.
 
I don't use paypal. To pay someone for a knife I buy a postal money order and spend the $4.50 to send it Priority Mail. It usually gets there in 3 days and there is no cost to the seller. For $100 knives it works out to be about 5% so I balance it out with a $200 or $300 knife from time-to-time. :D.
 
I think Paypal is a good option if someone wants to use it to pay for a knife. So a seller that accepts Paypal as a form of payment is a cheapskate for wanting the 3%? What does that say about a guy who's pissed about paying 3% for having an extra option? If you can't afford the 3%, then you probably should stick to buying Chinese knock offs.
It's a convenience to be able to pay with Paypal.
Don't like it? Well don't use it, but calling a seller a cheapskate for asking the 3% is off base.
 
Well, except for the fact that I have no idea if DaveH buys Chinese knockoffs or not and would never make that assumption, I am in full agreement with the rest of what you posted, Phillip. My sentiments exactly.
 
...So make of my comments what you will... :rolleyes:

I/we (my wife and I), buy a lot of 'nice' knives...somewhere around 5 a month...some are users, some are for the collections we're building, some for the 'wiz-bang' factor, and some 'just cuz'...

We obviously can't afford all these nice knives...we work for a living, we have obligations, and bills to pay...including those 'unforeseen' circumstances that have a tendancy to crop up just when you think you're getting ahead...

So, from time to time, I find myself offering nice knives for sale.

Now, we care for our knives, we list them accurately (even if the seller that we bought from didn't!), and we sell for what we have determined to be a fair price, market price minus 'whatever'

We sell the knives to buy others usually, our sales being from enthusiasts to enthusiast's...

The last 'go round' we sold six knives for roughly $1000 US. After we factored in our purchase cost including shipping, our sales price including ebay listing fees, ebay final sale price fees, shipping (which we paid), and paypal fees (which we paid), our net profit was $6.80 US! :eek:

These were nice knives that we'd carefully bought at a decent price, and after packaging/addressing time, gas for trips to the Post Office, time waiting in line(s), etc. I think I made 25 cents an hour for the time spent.

No one is getting rich off this folks, and I 'will' be passing on the 3% Paypal fees from now on...the next time I have knives for sale, next year...lol

Mel

--edited-- Should have read "3 knives per month"...some months are better than others... ;)
 
When using a check cashing card, if you use it as a credit card, yes you do get charged with a 3% fee, BUT if you use it to transfer funds directly from your account (PayPal even prefers that you do this) there is NO FEE! If you do accept PayPal you'd really have some appreciative customers (not that you don't anyway) when you didn't have to charge them an additional 3%. When I use PayPal with a transfer ya'll are basically adding 3% profit.
 
I wonder why you guys do not use the Online Bill Pay? Many banks offer that kind of service and it is usually free with certain amount kept in account. And it is safe direct transfer between 2 banks.

David
 
Burkstar, Paypal charges the seller the 3% if it is used with or without a credit card. I am not sure on all Paypal accounts but mine does, I had to agree to those terms to do a higher amounts of funds. I have come up with a new idea. From now on all my knives will have a 3% discount for money order or check. That solves it.
Nick
 
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