why do people add cost for paypal

[MJB24]

Start up a business and and put a sign in your window that says you'll ad 3% processing fees to the marked prices and see how successful you'll be!!

I don't understand that comment. Sellers here are doing it and they are selling items. You may be choosing not to buy, which I am fine and respect that decision. But product is moving with the way these sellers are listing them.

 

[PugetDude]

Problem 1 none of the answers are correct. You would have to pay the 3% on 119.95+ the $.30 transaction fee for a total of 123.85

Thank you for illustrating my point.
On what test are you allowed to substitute a completely different equation?

 

[Fordman7795]

I dont buy from auctioneers that charge a buyers premium, i dont buy from GJers that charge a paypal fee. Just the way i roll

 

[bimmerZ5]

wow, you guys find a way to ***** about everything here... i'm sure there will be someone who will complain about how some seller jacked up their prices to compensate for transaction fees and how it's not transparent how much they are charging extra for paypal fees or shipping, etc. LOL

frankly, i don't really care which way a seller wants to sell their item. i look at the *total* cost and decide if I'm willing to pay that much for the item. if I have to add up all the costs of fees, shipping, etc., that's fine... I did well with arithmetic in school; it's not a problem for me.

 

[mrbreezeet1]

Right, I don't sell a lot, once in a while only.
I won't charge excessive shipping, but don't want to loose money either.
I will usually factor in a few dollars for gas and packing materials.

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.

 

[mrbreezeet1]

I think another factor is the total overall fees online sellers see now. Like someone above mentioned; eBay for example is taking a bite out of the shipping charge- that sounds insane to me, as they're not in anyway involved in that aspect of the deal.

I sold an item on eBay this fall for an even $300. Final value & shipping fee bite was 36.65, and PayPal's bite was 14.59, for a total of $51.24 taken out of the $300. On a random item here or there, I guess some would call that the 'cost of doing business', but when you chart these transactions and look at the bottom line, it adds up. IMO, it's getting to be too big of a bite, esp if you have money invested in the items to begin with.

OK, I see, E bay took 36.65, how did PP take $14.59?
I thought it was 2.9% and 30 cents.
$300.00 X 2.9%= 8.70 & 30 cents, would be $9.00 Or am I missing something? Or got my facts wrong?

I agree though, it's a hefty fee.

 

[Davefr]

I don't understand that comment. Sellers here are doing it and they are selling items. You may be choosing not to buy, which I am fine and respect that decision. But product is moving with the way these sellers are listing them.

But looking at the replies in this thread you're seeing a significant % that bypass the ads for sellers that want the extra 3% added to the price.

The goal is to maximize demand and not repel potential buyers. (Economics 101).

Enough said.

 

[larry_g]

But looking at the replies in this thread you're seeing a significant % that bypass the ads for sellers that want the extra 3% added to the price.


Enough said.

Another way to look at this is it weeds out the prospective whiners. Those who complain about every little scratch, delay, and packing materials.

lg
no neat sig line

 

[mrbreezeet1]

Do you ***** when an item is listed as "Buy 1 get 1 free"? Of course not........you think it's a deal! But, if you look, the first item is probably double the cost...........DUH!

NOTHING IS FREE!

Yeah, Krogers is "good" for that. BOGO free, 3 lb bags of frozen chicken breast. Meanwhile one is like $13.00.
Any where else, it's like $6.00 or $7.00 each.

 

[WQ59B]

OK, I see, E bay took 36.65, hod did PP take $14.59.\, I thought it was 2.9% and 30 cents.
$300.00 X 2.9%= 8.70 & 30 cents, would be $9.00 Or am I missing something? Or got my facts wrong? I agree though, it's a hefty fee.

Someone earlier may have hit on it- the buyer was in Germany. When the copy of a message I send to him hit my inbox, it had been translated into German. Must've been a monetary exchange charge in there. The item shipped to TX tho.

 

[NC-Shaun]

OK, I see, E bay took 36.65, hod did PP take $14.59.\, I thought it was 2.9% and 30 cents.
$300.00 X 2.9%= 8.70 & 30 cents, would be $9.00 Or am I missing something? Or got my facts wrong?

I agree though, it's a hefty fee.

Ebay takes a % AND Paypal takes a %. And get this.........Ebay charges a fee on how much you charge for shipping as well.

Last time I checked after all the fees I recieved about 88 bux out of 100 sale.

I dont charge a Paypal fee for my forum buddies to send me money thru Paypal though.

 

[tedsters]

i just bought some tools from an auction and got them cheaper paying cash then with my credit, no one wants to eat the fee especially when they are not hardly making anything on the item if you sell a few items you will see why people ad the fee

 

[CDD]

The most important question is:

Why is this thread in the General Tool Discussion?

Yes, people need to vent their opinions, frustrations etc. but please when you do before starting the thread do it in right section of the forum.

 

[comedyman809]

http://business.time.com/2013/01/25/a-4-surcharge-for-using-a-credit-card-legal-but-not-likely/

here is an article about this very same issue. some light is shined on it, it is illegal in a handful of states, more than listed i believe, lots of reviews and arguments in the comments section, same theory on the surcharge for credit cards.

 

[PugetDude]

http://business.time.com/2013/01/25/a-4-surcharge-for-using-a-credit-card-legal-but-not-likely/

here is an article about this very same issue. some light is shined on it, it is illegal in a handful of states, more than listed i believe, lots of reviews and arguments in the comments section, same theory on the surcharge for credit cards.

This article had nothing to do with PayPal fees (your original issue). Are you expanding your rant to include credit card fees? If so, better re-read the article...


...a U.S. District Court determined last year that merchants are allowed to pass along the cost of those credit-card interchange fees to customers.

 

[mtwaterguy]

The most important question is:

Why is this thread in the General Tool Discussion?

Maybe because they're discussing the cost of tools?



Yes, people need to vent their opinions, frustrations etc. but please when you do before starting the thread do it in right section of the forum.

Where would the proper place be in your opinion? In between the Facebook and male massage threads in free parking?

 

[Outlawmws]

Where would the proper place be in your opinion? In between the Facebook and male massage threads in free parking?

Sounds good to me! It sure isn't about tools! (Well at least not that kind of tool)

 

[comedyman809]

This article had nothing to do with PayPal fees (your original issue). Are you expanding your rant to include credit card fees? If so, better re-read the article...


...a U.S. District Court determined last year that merchants are allowed to pass along the cost of those credit-card interchange fees to customers.

keep reading, its a similar issue, not the exact, the point is, most merchants will not do it to keep customers happy.
thats my point.

i know they are allowed, just not right and crappy of a business and credit card companies to do. that is all.

 

[CDD]

Where would the proper place be in your opinion? In between the Facebook and male massage threads in free parking?

Facebook? I don't have time for that.

Male Massage Threads? Hey is that your thing go for it.

Free Parking? Maybe, but by the section description I don't think so: (Everything related to the toys we park in our garages. Cars, trucks, motorcycles, jetskis, etc...)

I believe the proper place would be: Product and Vendor Reviews (Let us know about your experiences with vendors and products)

This section is for tools like the title and description imply : General Tool Discussion (From hand wrenches to air compressors to welders... The Garage Journal is all about tools too!)

I ask myself if people read what is beneath the title of each section

And the thread is not debating the price of tools it's debating the fee for paypal and so on.

 

[itguy08]

Its not a shipping service fee. Its a total cost of sale fee. People were selling $100 items for $1 and $99 shipping so there were only fees on the $1. This way there is no way around it.

Sure there is and it's so simple. If you print your label through Ebay you get that part of the fee refunded. If you don't you get to pay the fee. Ebay already knows the postage cost because they have the calculators and if you buy postage through them they offer you a discount and put the tracking # in your seller control panel.

So the guy that sells the $1 item for $99 shipping pays the fee on $1 + $99 - shipping fee. For example: $1 + $99 - $5 = $95 vs $100. Not a huge difference but it does add up and is purely a money grab by Ebay and a shady business practice.

I usually just tack on $3-5 for "handling fees" to counter Ebay/Paypal BS Fees.

 

[mtwaterguy]

Facebook? I don't have time for that.

Male Massage Threads? Hey is that your thing go for it.

Free Parking? Maybe, but by the section description I don't think so: (Everything related to the toys we park in our garages. Cars, trucks, motorcycles, jetskis, etc...)

I believe the proper place would be: Product and Vendor Reviews (Let us know about your experiences with vendors and products)

If it bothers you so much pm Ryan and ask him to move it. Bitching in the thread serves no purpose.

 

[Fordman7795]

Sure there is and it's so simple. If you print your label through Ebay you get that part of the fee refunded. If you don't you get to pay the fee. Ebay already knows the postage cost because they have the calculators and if you buy postage through them they offer you a discount and put the tracking # in your seller control panel.

So the guy that sells the $1 item for $99 shipping pays the fee on $1 + $99 - shipping fee. For example: $1 + $99 - $5 = $95 vs $100. Not a huge difference but it does add up and is purely a money grab by Ebay and a shady business practice.

I usually just tack on $3-5 for "handling fees" to counter Ebay/Paypal BS Fees.

I have no idea what you just said

 

[RedVise]

frankly, i don't really care which way a seller wants to sell their item. i look at the *total* cost and decide if I'm willing to pay that much for the item. if I have to add up all the costs of fees, shipping, etc., that's fine... I did well with arithmetic in school; it's not a problem for me.

Pretty much covers it for me too. It's not that complicated.


Brian

 

[beatcad]

ok, i'll be the old guy here. and I even that old.
when I was a kid and wanted that record GOOFY GOLD advertised on TV for maybe $9.99 plus S&H. I had to ask my mom and save up my chore allowance.
well guess what? S&H is shipping & handeling.
wether its a company that has to pay an imployee to take a product off the shelf and wrap it and tape it up in a box and address it or an individual that has to do the same thing and drive to to post office it's called handling.

I don't care if the seller puts it in the price of the item or is honest about the 3% fee.

but to me if a guy says PP only i'll probably overlook that ad.

anyone that wont take a postal or western union MO is just lazy

 

[DCarr]

I have people send it as a gift, then they get to pay the fee. I recently sold a large set of mics and the buyer came right out and said he would send it as a gift for that reason.

 

[PugetDude]

anyone that wont take a postal or western union MO is just lazy

...or understands the value of their time.

 

[beatcad]

...or understands the value of their time.

nice.
I thought we were talking about fellow members selling items here.
if you're selling as a business that's a whole different story.
I think most of us here are regular guys tryin to help out other guys.
unless you're hard up for cash I think any reasonable guy can wait for 3 or 4 days to receive a MO in the mail.

 

[fourtythree]

keep reading, its a similar issue, not the exact, the point is, most merchants will not do it to keep customers happy.
thats my point.

i know they are allowed, just not right and crappy of a business and credit card companies to do. that is all.

How is it crappy of a business to do that? Do you realize how those credit card fees can add up? When you run a small business and the majority of customers these days pay with credit, you don't have a choice but to pass it along to the customer. How many times have you been at a store and seen someone pay for a $1.50 purchase with a debit card? It happens quite a lot and when you pay a flat fee per purchase, you can kiss your profit margin on those small purchases goodbye if the business pays the fee. Most businesses do like to turn a profit, the greedy bastards.

 

[mrbreezeet1]

How is it crappy of a business to do that? Do you realize how those credit card fees can add up? When you run a small business and the majority of customers these days pay with credit, you don't have a choice but to pass it along to the customer. How many times have you been at a store and seen someone pay for a $1.50 purchase with a debit card? It happens quite a lot and when you pay a flat fee per purchase, you can kiss your profit margin on those small purchases goodbye if the business pays the fee. Most businesses do like to turn a profit, the greedy bastards.

Right, and more and more stores around here are requiring min. $5.00 or $10.00 purchase to use a credit card.

 

[kythri]

nice.
I thought we were talking about fellow members selling items here.
if you're selling as a business that's a whole different story.
I think most of us here are regular guys tryin to help out other guys.
unless you're hard up for cash I think any reasonable guy can wait for 3 or 4 days to receive a MO in the mail.

So, an unreasonable guy is the one who won't accept a money order to help out a fellow member that refuses to use PayPal, and a reasonable guy is the one who won't use PayPal to help out a fellow member that refuses to accept a money order?



I haven't sold anything on the Classifieds here, but having seen the number of incidents where people have been strung out for days/weeks/months on payments?

Sorry, not for me. Instant electronic payment or no deal.

 

[comedyman809]

price of doing business, credit card, paypal, or i shop elsewhere…bottom line.
i walk into a store, i have no cash, if you want my business, you take my expensive card, if you say cash only, i walk out..not to go to the atm, but to go to who wants my hard earned cash. factor all you pricing accordingly, allow me to use whatever method i want, at my convenienance, and i will spend, then spend again when i need something else.
if I'm looking for a deal on something from a local guy, i may walk in with cash to work out a deal and usually works out, sometimes they save me tax, sometimes its an even better deal, but if go into 7-11 and i want a coffee, and i didn't go the bank for cash, tough ****, they are getting my debit card purchase. they don't *****.

 

[Hiball]

price of doing business, credit card, paypal, or i shop elsewhere…bottom line.
i walk into a store, i have no cash, if you want my business, you take my expensive card, if you say cash only, i walk out..not to go to the atm, but to go to who wants my hard earned cash. factor all you pricing accordingly, allow me to use whatever method i want, at my convenienance, and i will spend, then spend again when i need something else.
if I'm looking for a deal on something from a local guy, i may walk in with cash to work out a deal and usually works out, sometimes they save me tax, sometimes its an even better deal, but if go into 7-11 and i want a coffee, and i didn't go the bank for cash, tough ****, they are getting my debit card purchase. they don't *****.

Lemme get this straight.. The price of doing business is OK when it benefits "You" but basically everyone else is SOL?

Awesome thread Bro...

 

[signcrafter]

price of doing business, credit card, paypal, or i shop elsewhere…bottom line.
i walk into a store, i have no cash, if you want my business, you take my expensive card, if you say cash only, i walk out..not to go to the atm, but to go to who wants my hard earned cash. factor all you pricing accordingly, allow me to use whatever method i want, at my convenienance, and i will spend, then spend again when i need something else.
if I'm looking for a deal on something from a local guy, i may walk in with cash to work out a deal and usually works out, sometimes they save me tax, sometimes its an even better deal, but if go into 7-11 and i want a coffee, and i didn't go the bank for cash, tough ****, they are getting my debit card purchase. they don't *****.

Your post makes absolutely NO sense. First you ***** because the seller wants to add a fee for using paypal. But then you come back to ***** about sellers "not wanting" your money by not accepting paypal or credit. Which is it? Are you unhappy because they don't accept paypal/credit, or are you crying because they do accept it but pass a fee on to you?

I guess the world should be what ever works best for you. If you don't want to shop from certain stores because of the payments accepted that is your choice, just like it's the store's choice not to sell to you.

 

[PugetDude]

price of doing business, credit card, paypal, or i shop elsewhere…bottom line.
i walk into a store, i have no cash, if you want my business, you take my expensive card, if you say cash only, i walk out..not to go to the atm, but to go to who wants my hard earned cash. factor all you pricing accordingly, allow me to use whatever method i want, at my convenienance, and i will spend, then spend again when i need something else.
if I'm looking for a deal on something from a local guy, i may walk in with cash to work out a deal and usually works out, sometimes they save me tax, sometimes its an even better deal, but if go into 7-11 and i want a coffee, and i didn't go the bank for cash, tough ****, they are getting my debit card purchase. they don't *****.

Here's a reality check for you. This isn't your website, and you don't get to make the rules for the Classifieds. If you don't like dealing with sellers here who charge for PayPal, then don't buy from them. This isn't Burger King, you don't get it your way.

Sellers set their payment terms as part of their business model. Your pig-headed intransigence doesn't fit that model and they don't want your business,. Sometimes the best solution is addition by subtraction- why sell it to you for 3% less than what someone else is willing to pay?

No one "owes" you what PayPal charges them. And, you might want to quit acting like you're doing someone a favor by gracing them with your business, whether here or in your local brick and mortar store- because...news flash...you are not. In my experience, friendly, realistic customers that are easy to deal with get treated better than someone with a chip on their shoulder or a sense of entitlement.

 

[cheechi]

If you define market as a place where buyers and sellers come together to agree on a price of goods, then the conclusion you can draw from this thread is that GJ is a poor market.

Burn down the classifieds section. Everyone happy now?

 

[Creditor]

Why is this in a tool forum?

 

[BJ42LX]

intransigence

BAM!

... had to look that one up.

 

[Hootbro]

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

Because it is my **** and my terms (within scope of local board rules) until it is sold. Do not like it, tough.

This is a classic thread of picking the fly **** out of the pepper over nothing that 99.9% of people care about.

 

[Pumpman1968]

This isn't Burger King, you don't get it your way.

Daymmmmmmmmm.........that made me laugh! If I was looking for a sig line, that would be it!

 

[Rickster]

You guys find the nuttiest stuff to argue about! All that matters to me is the final price I have to pay and whether or not it's a good deal and the seller is reliable (good feedback).