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PostPosted: Fri Jan 01, 2010 3:27 pm 
retrobike rider / Gold Trader
retrobike rider / Gold Trader
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Joined: Fri May 08, 2009 10:01 am
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Location: Stockport, staring at the Peaks
W W Biffta wrote:
the way i understand it, if its paid out of a balance there is no fee whatever you mark it as


Can anyone confirm this?
Basic message seems to be that I need to get some cash into my PayPal account, which is obviously what PP wants you to do...

Thanks very much guys, this makes much more sense now!

One more thought - if I PP purchase using my Visa card, does the seller get copped for two sets of fees (for the sale and the card)?


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PostPosted: Fri Jan 01, 2010 3:37 pm 
Old School Grand Master
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Joined: Thu Jan 25, 2007 9:37 am
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elPedro666 wrote:

One more thought - if I PP purchase using my Visa card, does the seller get copped for two sets of fees (for the sale and the card)?


No, from VISA's perspective Paypal is the retailer so they charge them. Paypal in turn charge the seller to recoup their costs and run a profitable business.


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 Post subject:
PostPosted: Fri Jan 01, 2010 4:17 pm 
North Wales AEC / OWMTBC 2010 Champion
North Wales AEC / OWMTBC 2010 Champion
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Joined: Sun May 11, 2008 10:13 pm
Posts: 6123
Location: Chester
elPedro666 wrote:
W W Biffta wrote:
the way i understand it, if its paid out of a balance there is no fee whatever you mark it as


Can anyone confirm this?
Basic message seems to be that I need to get some cash into my PayPal account, which is obviously what PP wants you to do...

Thanks very much guys, this makes much more sense now!

One more thought - if I PP purchase using my Visa card, does the seller get copped for two sets of fees (for the sale and the card)?


I've only paid fees using gift once and that was because i used my card. Direct bank transfer or with a paypal balance then neither party gets charged. It's been the norm payment method for a long time now on RB.


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 Post subject:
PostPosted: Fri Jan 01, 2010 7:46 pm 
retrobike rider
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Joined: Tue Jul 14, 2009 7:52 pm
Posts: 1943
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elPedro666 wrote:
W W Biffta wrote:
the way i understand it, if its paid out of a balance there is no fee whatever you mark it as


Can anyone confirm this?
/quote]

Paypal gift. Fees are to be paid if the gift sender doesn't have enough funds to cover the gift in their Paypal account. If they don't have funds in paypal the sender is asked who will pay the bank/credit card transfer fee, themselves or the recipient of the gift.
Paypal want funds to be left in accounts, it's interest for them.

Which leads me to something I've been saying for years:
Ebay fraud
Ebay should team up with a courier and paypal.
Buyer pays for item.
Seller gets item paid for message, funds held.
Seller posts item. With Ebay's own courier partner, set fees and always signed for service.
Buyer recieves item, checks and signs for it.
Ebay release the money on acceptance signature to seller.
Transaction complete = positive feedback.

Thy're half way there with PayPal and Parcelforce print your own post thing. Still fraud happens and transactions are rated on ebayers opinion.

And during the 2 days or so postage the held funds accrue interest for the company.


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 Post subject:
PostPosted: Fri Jan 01, 2010 10:20 pm 
retrobike rider / Gold Trader
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Location: Stockport, staring at the Peaks
stewlewis wrote:
elPedro666 wrote:
W W Biffta wrote:
the way i understand it, if its paid out of a balance there is no fee whatever you mark it as


Can anyone confirm this?
/quote]

Paypal gift. Fees are to be paid if the gift sender doesn't have enough funds to cover the gift in their Paypal account. If they don't have funds in paypal the sender is asked who will pay the bank/credit card transfer fee, themselves or the recipient of the gift.
Paypal want funds to be left in accounts, it's interest for them.

Which leads me to something I've been saying for years:
Ebay fraud
Ebay should team up with a courier and paypal.
Buyer pays for item.
Seller gets item paid for message, funds held.
Seller posts item. With Ebay's own courier partner, set fees and always signed for service.
Buyer recieves item, checks and signs for it.
Ebay release the money on acceptance signature to seller.
Transaction complete = positive feedback.

Thy're half way there with PayPal and Parcelforce print your own post thing. Still fraud happens and transactions are rated on ebayers opinion.

And during the 2 days or so postage the held funds accrue interest for the company.


Stew, that makes total sense - fancy starting the company that co-ordinates it...? :wink:


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 Post subject:
PostPosted: Sat Jan 02, 2010 12:43 am 
Retro Guru
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Joined: Sat Feb 14, 2009 12:49 am
Posts: 516
Location: Nederland
I am not really sure how exactly, but if I pay something from my creditcard I might pay some fee, but I don't think so. Reason is probably that my Mastercard is already payed for, as it is by my own bank, so they never charge any fee for a transaction.
Second, I mostly pay by PayPal using my normal bankaccount. I just checked my last transaction (with HongKong, so outside Europe and different valuta) and I don't pay any fees. I remember something about being a certified customer from PayPal to be able to use your bankaccount and it has to be able in the country you are. I know PayPal The Netherlands has a deal with the banks, I have no idea about the UK. Because of all the above, I never have money on the PayPal account!


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 Post subject:
PostPosted: Sat Jan 02, 2010 12:47 am 
North Wales AEC / OWMTBC 2010 Champion
North Wales AEC / OWMTBC 2010 Champion
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Posts: 6123
Location: Chester
Senri wrote:
I am not really sure how exactly, but if I pay something from my creditcard I might pay some fee, but I don't think so. Reason is probably that my Mastercard is already payed for, as it is by my own bank, so they never charge any fee for a transaction.
Second, I mostly pay by PayPal using my normal bankaccount. I just checked my last transaction (with HongKong, so outside Europe and different valuta) and I don't pay any fees. I remember something about being a certified customer from PayPal to be able to use your bankaccount and it has to be able in the country you are. I know PayPal The Netherlands has a deal with the banks, I have no idea about the UK. Because of all the above, I never have money on the PayPal account!


The recipient is charged the fees in your case.

For usual transcations the seller is usually charged for recieveing payments.

"Gift" is a workaround for friendly forums so neither side is charged fees.


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 Post subject:
PostPosted: Sat Jan 02, 2010 1:03 am 
Gold Trader / PoTM Winner / RB Rider
Gold Trader / PoTM Winner / RB Rider
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Joined: Wed Oct 05, 2005 7:45 pm
Posts: 11018
Location: kent
whether i have funds or not in my paypal balance doesnt make a difference if I pay fees or not when using the gift option .

but my paypal is linked to a bank account not a debit/credit card .


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