why do people add cost for paypal

[comedyman809]

why do guys selling tools in the classified add 3% for paypal transactions

most people here use paypal, hardly anyone uses money orders anymore, this is 2013.

the added cost for paypal should be banned, and people should price the items accordingly. just venting, I'm tired of seeing this all the time. paypal protects buyers from shisty sellers, they do need to make a profit as they are providing a service. so when you price your item for sale, understand that you'll be paying a fee, and make the price using that information. pay pal collects money from the seller not the buyer, why do you make it the buyers responsibility?

any other thoughts or opinions?????

 

[PugetDude]

...any other thoughts or opinions?????

Don't buy from sellers if you don't like their terms.

 

[MJB24]

I understand this is 2013. I use PayPal all the time. But some of the crowd here doesnt.

I have in my short time here used PayPal a few times. But also mailed cash. Received a check and traded items.

PayPal can't protect trades here so it's not a perfect option for every transaction.

 

[RCman]

I agree with PugetDude.

It is no different than the retailer who has different cash vs credit prices. The banks are out to make money as well as the sellers. Everyone wants their share so to cost gets passed on to the only place it can, the buyer.

 

[jakemac]

Every retailer adds additional costs to their goods. Most just hide it in the selling price, others are open about it. One of the reasons that they list the paypal surcharge separate is because it makes the item price lower than those that fold the cost into their prices. Buyers don't realize this and purchase the "lower priced" item thinking they're getting a deal. Even though they may be paying the same price or more.

The bottom line is that the buyer always pays the sellers costs. One way or another. Brick and mortar stores do the same thing by hiding the costs in the selling price. A savvy buyer will remember to add all the costs (including shipping) into the final price when deciding who they will purchase from.

 

[Outlawmws]

Technically PP does not allow this practice. Either plan it into the pricing, or eat it, but it is against PP rules. (Same with credit cards, and a merchant can get their priv pulled for doing it....)

 

[G_P]

Gas stations here have a different price for credit or cash. Cash is always lower.

 

[comedyman809]

well trading anything other than money isn't a financial transaction, so nothing protects against that. if wee all have a computer, who doesn't have credit cards? I'm just saying, if i want to buy something, and i like the price, i don't want to add more money to the cost. the seller needs to pay the fee, not me. i always pay fees when i sell stuff, i don't ask customers to pay additional money on top of the agreed price. i just price my items right, who the hell wants to wait for a letter to get to the seller, wait for a check to clear the bank, or if its a money order, wait for the seller to get the item out. thats ancient times buying. just set a fixed price, if the buyer and seller want to negotiate on the price thats fine, but i do know in the retail world, they can't legally raise a price because you want to use an electronic method of payment(paypal or credit card). the price is the same cash or charge. and yes, they have to pay the credit card companies a fee for each transaction.

 

[comedyman809]

Every retailer adds additional costs to their goods. Most just hide it in the selling price, others are open about it. One of the reasons that they list the paypal surcharge separate is because it makes the item price lower than those that fold the cost into their prices. Buyers don't realize this and purchase the "lower priced" item thinking they're getting a deal. Even though they may be paying the same price or more.

The bottom line is that the buyer always pays the sellers costs. One way or another. Brick and mortar stores do the same thing by hiding the costs in the selling price. A savvy buyer will remember to add all the costs (including shipping) into the final price when deciding who they will purchase from.

exactly, but the price is on the ticket, i see it before i buy, the only price that becomes a surprise is sales tax

 

[Highlux]

No offense, but that sounds a little crybabyish to me.

If it stated in ads you are eating paypal fee....and you bought it....then complained about it later...that kinda makes you a hypocrit.


Paypal is great way to pay for stuff. Something like it will replace hard currency eventually.

 

[comedyman809]

No offense, but that sounds a little crybabyish to me.

If it stated in ads you are eating paypal fee....and you bought it....then complained about it later...that kinda makes you a hypocrit.


Paypal is great way to pay for stuff. Something like it will replace hard currency eventually.

no, i didn't buy anything, i was interested in something, then saw the extra fee listed. it turns me off completely to the sale. not a crybaby cause I'm shining light on some shady selling techniques.

 

[PugetDude]

any other thoughts or opinions?????

There are many, but you apparently aren't going to consider any of them.

 

[Highlux]

no, i didn't buy anything, i was interested in something, then saw the extra fee listed. it turns me off completely to the sale. not a crybaby cause I'm shining light on some shady selling techniques.

There is nothing shady about it. You just lack understanding of basic Business practices is all.

 

[comedyman809]

basic business practice, set price for customers, add for shipping and applicable taxes.

also, i needed to order parts for a machine one time, well, they company was the only show in town, i called to place order for parts, they told me after i was quoted that i need to send a paypal request and then add 15 dollars to sale.

made no sense because they offered no other means to buy. so the cornered me into paying on top of sale price. same thing here, not as extreme, but that was some shady **** to me, so when i see it on any sale, i turn the other way.

although if i need those parts once again for another machine, i will get stuck paying that fee as they are the only company that makes that exact part.

 

[Fastbird]

It is against paypal user agreement to specifically advertise "add 3% paypal fee" or whatever. It's also against the user agreement to request money for something you're selling via personal payment so it's fee exempt.

I don't think it's complaining without reason. It's a legitimate complaint. You as the seller accepting paypal have a very convenient service at your hands. Yet you want that service for free, so you try to circumvent the system and stick it to the guy doing the paying. That just doesn't sit right with me and I simply refuse to deal with anyone who doesn't hold up to their end of the transaction.

 

[Brad54]

no, i didn't buy anything, i was interested in something, then saw the extra fee listed. it turns me off completely to the sale. not a crybaby cause I'm shining light on some shady selling techniques.

It's not "shady selling techniques" any more than someone charging for shipping, etc.
Just because YOU don't like to use money orders or checks anymore, doesn't mean everyone else feels the same way.
I'm happy to take someone's check, or postal money order. And oh-my-God, someone who gets a money order PAYS A FEE FOR IT! (GASP!)

Why should someone who wants to pay with a money order have to pay twice because I've calculated my price to include a PayPal fee he isn't going to pay for?

-Brad

 

[RCman]

(Same with credit cards, and a merchant can get their priv pulled for doing it....)

Are you sure about this? Source?
Around here is it very common to see retailers openly advertising a "cash discount" or 1-3% less for cash/debit transactions.

they can't legally raise a price because you want to use an electronic method of payment(paypal or credit card). the price is the same cash or charge. and yes, they have to pay the credit card companies a fee for each transaction.

Where is this not legal?
I am willing to bet when you are paying with cash you are just absorbing the fees anyway if there is not a separate price for each method. Not person out in the world to make money is going to loose something to bank fees. As others said, some people will the savings to them along.

 

[BFBOB]

Technically PP does not allow this practice. Either plan it into the pricing, or eat it, but it is against PP rules. (Same with credit cards, and a merchant can get their priv pulled for doing it....)

Kinda right, kinda not. (Yes, I'm a ccd accepting merchant) You can't charge extra for ccd, but you can offer a discount for cash!

If you find a merchant breaking this rule, report them. Go ahead, wait and see what happens. Hope you've got plenty of time.

 

[purplezr2]

Not sure what you a referring to, weather a transaction here or somewhere else. At least here they list the costs out, shipping, PP fees if needed. Seems like there are no surprises here.

 

[cheechi]

Gas stations here have a different price for credit or cash. Cash is always lower.

Technically PP does not allow this practice. Either plan it into the pricing, or eat it, but it is against PP rules. (Same with credit cards, and a merchant can get their priv pulled for doing it....)

I used to work for a retailer that offered 2% discount if you used cash. This is within the rules of the credit cards, paypal terms, etc because you don't mark up the price for a method to discourage it, you mark down a method to encourage it. If you think a seller is shady, look at the payment method they encoruage before making a judgement.

Credit cards would love to ban the above practice also if they could. Because the CC price is the regular price, they aren't able to. Same with paypal.

I would have to consider hard before I went this method, some 'individuals' I've bought from turned out to be dealers in one form or another, almost got burned buying a car from someone who turned out to be a dealer dumping undesirable/improperly labeled lemons on the side. I always ask how someone prefers to be paid before I make a decision, instead of how they are upfront about their costs. If you think it's backwards you only ever be 'just' a consumer.

 

[BFBOB]

no, i didn't buy anything, i was interested in something, then saw the extra fee listed. it turns me off completely to the sale. not a crybaby cause I'm shining light on some shady selling techniques.

Nothing shady about it. It was stated right out in the light of day - or a computer screen. It would be shady if NOT stated and added anyway.

Interesting discussion, but seriously it comes down to, if you like the terms buy it. If not, don't.

 

[signcrafter]

What difference does it make if the seller adds the fee into the price or says it's on top? Either way you are still paying the same.

A seller sells an item and the cost is the item plus shipping plus fees. Just like when you go to the store and the store has to pay a "fee" of sales tax, they add that on top of your bill. Just like if you have something shipped, the seller has to pay shipping fees. They just add these fees on top of your total bill.

To be honest your post doesn't make much sense. If you don't like the price then don't buy it. But like I said what difference does it make if the fees are included in the price or on top of it if the price is the same in the end?

 

[Highlux]

What difference does it make if the seller adds the fee into the price or says it's on top? Either way you are still paying the same.

A seller sells an item and the cost is the item plus shipping plus fees. Just like when you go to the store and the store has to pay a "fee" of sales tax, they add that on top of your bill. Just like if you have something shipped, the seller has to pay shipping fees. They just add these fees on top of your total bill.

To be honest your post doesn't make much sense. If you don't like the price then don't buy it. But like I said what difference does it make if the fees are included in the price or on top of it if the price is the same in the end?

cause some people look for stuff to ***** about.

 

[Hiball]

I've bought and sold a lot here at GJ, IMO its easier as a seller just to factor the PP fee's into the price, same reason I factor domestic shipping into each individual piece and then discount for multiple purchases.

Did this really need its own thread?

 

[Outlawmws]

Are you sure about this? Source?
Around here is it very common to see retailers openly advertising a "cash discount" or 1-3% less for cash/debit transactions.

SNIP

Yes I'm sure, but BFBOB more accurately described it. cash discount OK surcharge, no... Source? I've been fairly intimately involved in the past with the entirety of the payment card system, so I'm sure. Go read the "terms of agreement" some time. They are publicly available. All too often people NEVER actually read those (I do) and simply shrug it off and say "everyone else does so it must be OK" I've also seen where merchants that tried to surcharge, and item got shut down. It is reasonably common knowledge.


When it come to these kinds of agreements, I'm willing to bet most people that use direct deposit for their pay check have never actually read THOSE terms of agreement either. I have, and I will NEVER let them get their claws into my bank account...

 

[GreenNV]

I understand your option not to do business with a merchant that delineates their fees/costs to the buyer that you find objectionable. However, I do not consider them “shady” because they are up front with those costs/fees and give you the opportunity to cancel the transaction before acceptance.

You have to do the math when comparative shopping. Some merchants have shipping costs that are excessive since they add their labor time/expenses to the fees they pay the carrier. Sometimes, turnaround and speed of delivery are important and you may choose to pay more than the “bottom line” price.

The world of capitalism has many flavors and competition has many benefits.

 

[Danglerb]

If some detail of the deal you "think" should be changed, don't be shy, suggest it to the seller PRIOR to purchase.

 

[Evan(CA)]

Not this again....

It's laughable that you would call someone shady for openly displaying there is an additional charge if you want to use paypal rather than building it into the price unbeknownst to the buyer and regardless of whether or not they will even be paying with paypal. Paypal has FAR more benefits for the buyer than the seller, why should the seller have to pay for it? If you don't like the fees then mail a check, but I suspect YOU want to be insured for the purchase so YOU should pay the fee.

 

[rhuff86]

The last thing I bought here in the classifieds with PP I offered to at least split the fee with the seller. I felt like I was getting a good price and PP is as much of a security and convenience to me as to the seller. I do not mind paying at least part of the fee.

 

[ChevyEFI]

Not that I'm a super star seller here, eBay or otherwise.

But I'm aware making for an easier transaction helps sell more stuff quicker.

So it's easy to be an eBay / PP hater. But it puts you in a better position to have a much broader purchasing clientele base.

 

[wittycow]

At the shop I work at, we just started a 2% surcharge on all credit card transactions. We listed on the wall and tell each customer prior to ringing up. We ask them to use debit if possible or check, and of course cash.

We have shopped around and have super low credit card processing fees, but most people don't understand that all those "rewards" and "points" come directly from the merchant. In November our credit card fees were almost $3,400!!

We do not charge "shop" fees, "misc" supplies fees, etc. For several years, we just ate the fees as "the cost of doing business", but it is out of control. Credit Card merchants are allowed to add a surcharge.

Even the banks have gone crazy with additional fees. Our bank, Bank of America charges us a cash handling fee for the month when we deposit more that $8,000 in cash! WTF! But we called around, EVERY local bank has the fee! Most start a fee at $5,000 in cash deposits.

As they say, money talks. If you don't like peoples policies, don't shop there. When we explain why we charge, etc, 95% of people understand and will use debit, or write a check, etc.

I love how so many people are appalled by fees and prices...if more people where business owners, or understood how their pay, bonuses, and vacation time is affected by costs and the hard numbers, there perspective would change.

 

[Junkman]

Technically PP does not allow this practice. Either plan it into the pricing, or eat it, but it is against PP rules. (Same with credit cards, and a merchant can get their priv pulled for doing it....)

It is only against PayPal rules for commercial websites. Private deals between a non commercial vendor are not covered.

no, i didn't buy anything, i was interested in something, then saw the extra fee listed. it turns me off completely to the sale. not a crybaby cause I'm shining light on some shady selling techniques.

You might not consider yourself to be a crybaby, but it seems that others here do. A savvy buyer looks at the total cost in regards to value, and makes decisions based on this knowledge. If 3% is going to make the difference then you can't afford the item. You are talking about $3 per $100. If you think that someone spelling out the terms of the sale is shady, you better not ever get into a negotiation for buying a really expensive item like a home or a new car, where a 1/2% can mean hundreds or thousands of dollars over the lifetime of the payments

It is against paypal user agreement to specifically advertise "add 3% paypal fee" or whatever. It's also against the user agreement to request money for something you're selling via personal payment so it's fee exempt.

I don't think it's complaining without reason. It's a legitimate complaint. You as the seller accepting paypal have a very convenient service at your hands. Yet you want that service for free, so you try to circumvent the system and stick it to the guy doing the paying. That just doesn't sit right with me and I simply refuse to deal with anyone who doesn't hold up to their end of the transaction.

Would you feel better if the item were advertised for 10% of its true value, but the shipping was inflated to 200% of the value of the item. You don't have to worry about me adding 3% to the total cost, because when I list something for sale, it will specifically be marked "not for sale to 3% whiners".

 

[tweedlestan]

There is nothing shady about it. You just lack understanding of basic Business practices is all.

This. Nothing more to say.

 

[NHBandit]

Seller #1 has a widget for $30 & $10 shipping & handling. Seller #2 has the same widget for $40 with free shipping. If you think the guy with the free shipping is giving you a better deal more power to ya. Ebay takes a bite out of the sellers total, then they take another bite out of the shipping cost, then they take another bite via Payal fees. (Paypal is owned by Ebay). Why in hell should the seller eat all of this and be left with the crumbs.. Big companies as well as small companies pass their operating expenses on to the buyer. It's not a new concept. It sounds like you prefer it when sellers "hide" the fact that you're covering these expenses within the sale price. I guess if that's what makes you happy it's cool but the reality is that it dosn't make a bit of difference how the math is done. You're paying X amount for the stuff to show up at your door. If you think the TOTAL is too high keep walking.

 

[nicksnothereman]

why do guys selling tools in the classified add 3% for paypal transactions

most people here use paypal, hardly anyone uses money orders anymore, this is 2013.

the added cost for paypal should be banned, and people should price the items accordingly. just venting, I'm tired of seeing this all the time. paypal protects buyers from shisty sellers, they do need to make a profit as they are providing a service. so when you price your item for sale, understand that you'll be paying a fee, and make the price using that information. pay pal collects money from the seller not the buyer, why do you make it the buyers responsibility?

any other thoughts or opinions?????

Well...it costs them money and some people don't use it (they'll send money order). Money orders are traceable too (at least the usps ones). They could just offer a cash discount but it would essentially be the same thing bro. I get both sides of the argument. That's why I never do "paypal gift" when buying stuff...never gonna happen.

 

[Highlux]

Well...it costs them money and some people don't use it (they'll send money order). Money orders are traceable too (at least the usps ones). They could just offer a cash discount but it would essentially be the same thing bro. I get both sides of the argument. That's why I never do "paypal gift" when buying stuff...never gonna happen.

You dont get it.

You are thousand miles away from a guy....how you gonna hand him cash?
The seller eats the juice to make it convenient for you to pay him and not wait for a check or MO to clear. Doesnt matter how the pie is sliced up...its what the bottom line is.

 

[Virgil Cain]

Don't buy from sellers if you don't like their terms.

Nailed it.

 

[Fordman7795]

I actually agree with the OP. asking to add 3% is rude imo.

 

[Brad54]

I'm gonna go out on a limb here and say for a large number of respondents in this thread, their opinion is tied to which side of the paycheck they sign.

-Brad

 

[wchamberlain]

I'm gonna go out on a limb here and say for a large number of respondents in this thread, their opinion is tied to which side of the paycheck they sign.

-Brad

This........If you don't like the piddly 3% some people charge or don't like the overall price their is only 2 things to say.

A. If your concerned about the fees or asking about this or that, you probably can't afford it.

B. The obvious thing you need to do is get a better paying job, or go kick rocks somewhere and run along.