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Paypal Fees


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Hi

 

I have plenty of orders when it comes

 

Paypal fees are too high sometimes .. Cant set manually all the time when i am offline

 

Is there a way paypal %age fee of 3.4% + 0.30$ is been added automatically to the invoice when an order is placed / any invoice generated for next month

 

Can this process be automated

 

If yes i can then save few bucks and make some more profit

 

Any help highly appreciated

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I believe it's against the Paypal terms to charge a fee to accept payments for them that you don't assess for all gateways. I'd also suggest that if the fees PP charges causes you to feel you need to increase to stay solvent (guessing here), you may need to rethink your business plan.

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I believe it's against the Paypal terms to charge a fee to accept payments for them that you don't assess for all gateways. I'd also suggest that if the fees PP charges causes you to feel you need to increase to stay solvent (guessing here), you may need to rethink your business plan.

 

Yes i never knew that ... anyways for the info ... no i cant increase the rates of servers as hope u know the market now is very competitive

 

Anyways thx for the info

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  • 2 weeks later...

Easy way is to simply work out your cost for a service/product and then add the 3.4% +0.30$ to the service but to be honest £260 uk costs me around £9.04 in paypal fees so its like £40 in every £1000 fair play i say. but just update your charges by your fees is the only way as i do believe you are not ment to charge for accepting paypal and paypal can be a bit of a pain when they freeze the accounts

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PayPal fees are not too high when compared to credit card fees and other services of the kind. If you want the convenience of accepting credit card payments plus the security PayPal offers against fraud, I don't think it's too much to pay a small percentage fee for a good service that could actually increase your business, for many times people wouldn't buy from you if you didn't accept credit card. Consider this. ;)

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Yes to be honest you are going to pay fees with every single online transaction, whether that be through your own Internet Merchant Account and payment processor, or the Paypal route.

Its the nature of the beast...

 

A few years back we had to pay 50p for every debit transaction, so if a client ordered only 1 IP address at £1 and then paid for it on a debit card, 50p of that went to the card processor.

Eventually the tables turn and once you're making good money you start to demand better rates, and then its negligible but still there is a fee.

 

Paypal at least does offer some protection, and its easy to setup with out any need for the IMA.

Really Paypal is worth the fee imo, and if you find its costing you too much then really something must be wrong on your site of the deal... (?)

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