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Fee Too High On Paypal?


somebodysays

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How do you guys think of this?

 

This might be off the subject of this channel. But after trying the PayPal module here, I just found the fee was way too high.

 

Link from https://www.paypal.com/webapps/mpp/paypal-fees

Here's the map:

 

 

 

 

 

Selling on website, through invoice or email payments* 4.4% + $0.30 USD or a similar fixed fee in the currency received
Selling on eBay* 3.9% + $0.30 USD or a similar fixed fee in the currency received
Micropayments for Digital Goods* 6.0% + $0.05 USD or a similar fixed fee in the currency received
Discounted rate for merchants You can apply for our discounted merchant rates when you meet a qualifying calendar monthly sales volume and keep your account in good standing order.

*Fees for receiving payments from buyers outside of China.

 

 

4.4 % + 0.30 U.S. dollars per order. Is that too high?

 

If your product is around 5 dollars. More than 10% income (not revenue) will be taken from PayPal.

 

Do you have some transaction alternatives or suggestions?

 

Appreciate it!

Edited by somebodysays (see edit history)
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It is not too high. They are offering a service and you can choose whether to use their service or not. They are not the cheapest, true, but you are paying for their global exposure and the "trust" their customers have in them

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It is not too high. They are offering a service and you can choose whether to use their service or not. They are not the cheapest, true, but you are paying for their global exposure and the "trust" their customers have in them

braintreepayments was acquired by paypal. The fee rules of it is a bit reasonable. It's much lower if amount hits 50K with transaction fee 2.4% + 0.30 dollars per order.

 

have you ever tried it?

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