PayPal @ 4% now ?!

[Edwolf1963]

I didn't notice until today, PayPal is close to a 4% fee now! And more than 4% to Canada. I thought it was at/just under 3%. Between that and eBay, that's over 13%! 11% or thereabouts if you're Top Rated.

What a racket

If this is old news, disregard .. but first I noticed PayPal jumped to 4%

**Revision** Looks like it's closer to 4% on smaller amounts, then they charge you a fee against shipping. Closer to 3% on larger amounts. Recent sale to Canada, however, was close to 4.5%.

[conor912]

Even more of a reason to consign (I am not a consignor).

[Frank A]

Just went on their website and it says 2.9%.

[atx840]

Not only are we known as America's hat with an over indulgence of snow and bad television programming, now this.

"After reviewing the eBay Bucks Rewards Program, we have made the difficult decision to end the Program in Canada. We want to thank you for participating in the Program and being a valued member of our community."

[egbeachley]

3.4% plus 50 cents. So a $10 item with pass through shipping (no markup) of $2.00 will be 91 cents or 9.1%. Before the final value fees. Even a $100 item is exactly 3.9% if you have free shipping which you have to account for.

[botn]

According to the site they are still charging from 2.2% to 2.9% plus 30 cents per transaction for domestic. I confirmed that I am paying 2.2% plus 30 cents given the volume I do.

[npa589]

I predict Amazon jumps in the fray of sports collectibles/cards, perhaps even in the form of auctions.

[insidethewrapper]

It's 2.9% + 30 cents for most of the dealers on ebay. I don't know how those 99 cent dealers survive. Sell at .99 and paypal takes 33 cents or 33%, plus ebay fees of 9%. And some sell with Free Shipping ! Cost of envelopes , time , holders, tape etc ?????????

[ibuysportsephemera]

Originally Posted by npa589

I predict Amazon jumps in the fray of sports collectibles/cards, perhaps even in the form of auctions.

I have read numerous times that Amazon is more expensive than eBay in terms of fees. I cannot site the sources, it is just something that stuck with me.

[egbeachley]

Looks like the OP and I were clicking the Personal fee rates, not the Business rates. Nothing to see here.

[Edwolf1963]

Originally Posted by botn

According to the site they are still charging from 2.2% to 2.9% plus 30 cents per transaction for domestic. I confirmed that I am paying 2.2% plus 30 cents given the volume I do.

Wow, not me. Everything comes out to over 3% and the lower the invoice, it creeps up to close to 4%.

[JollyElm]

Originally Posted by atx840

Not only are we known as America's hat with an over indulgence of snow and bad television programming, now this.

What about 'Corner Gas'?? A classic.

[D. Bergin]

Originally Posted by ibuysportsephemera

I have read numerous times that Amazon is more expensive than eBay in terms of fees. I cannot site the sources, it is just something that stuck with me.

It's true. I've tried my hand with a few items there. The listing fees are free, but if you actually sell something, they make Ebay look downright charitable.

Amazon tried recruiting sports collectibles dealers over there to set up webstores with them, about a year ago or so. I don't know how successful it was. They gave me a call, but I passed on it.

I just couldn't swallow the high store fees, on top of the final value fees, on top of the fact, anybody else could come along a piggyback on top of your descriptions and photos, if they had the same thing you did.