PayPal tip you must know!

General
1

Example :

Let’s say that Paypal fee is 10% for better calc

Seller ad : Selling Charizard PSA 10 for 100$, payment : Paypal. Fee not included.

Buyer : Hello, I am interested on your card I pay through Paypal, so 100$+10% right? 10% of 100$=10$.

Seller: Yes.

Buyer sent to the seller 110$, and the seller realize that he have received just 99$ and not 100$ because Paypal upcharge 10% of 110$(11$) and not 100$, the seller paid 10% of the 10% fee that the buyer have paid.

This is something happened to me as a buyer today.

The seller must be careful about it.

How we manage to resolve this? I paid 100$ (goods and services) and then 10$ (family and friends)

This happens when the seller want the buyer to pay the fee.

Has this ever happened to you?

2

Yall dont want me to start unleashing my paypal hacks.

3

Divide the amount by 90% instead of multiplying by 110%. That’ll get you the right number.

6 Likes
4

www.salecalc.com/paypal?p=&l=us&r=0&e=0&f=0&m=0&c=0

5

jus be aware, wont get the fee back if there is a dispute, prob not a big deal unless its a large tx

6

This is an incorrect strategy for multiple reasons:
1.) Paying friends and family for international orders has an extra fee on top of it, it’s not for buyer protection, but for the conversion fee. It ranges from $1 to $5 for me, depending on the amount sent.
2.) You have no protection on the friends and family portion. If the seller never sends the cards, you get your $100 back, but not the $10.

2 Likes