Selling fees

[sarebear2012]

I sold a wine fridge and got sent the payment less about £25, originally I thought this was just the selling fee being taken however I have now been invoiced by eBay for about 10% of the selling price. Does this mean the buyer didn’t pay me the full amount or that there were two sets of fees?
Thanks

[corred]

@sarebear2012 

• When you sell an item on eBay you pay TWO companies
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• First is Paypal who make a charge of 2.9% + 30p of the total amount paid. This is because when selling goods you become a merchant & the banks & card companies charge merchant fees on sales & Paypal charge for banking & transfer of those fees once received (These fees are nothing to do with eBay & would be charged on any monies received into Paypal for goods & services inc Gumtree, Shpock etc)
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• Paypal take their fees before they credit the funds to your Paypal account
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• Second you pay eBay the sales commission (Final Value Fee) on the transaction.....this is charged at 10% of the total sale price inc P&P as well as the fees for any optional extras like reserves, Buy Now etc
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• The eBay fee is billed once a month either mid month to mid month or start of the month to the end of the month.
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• The eBay final value fee fee is often split into two parts....the first is on the item price which is charged as soon as the item ends
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• If the item is to be posted then the fee on the P&P is not charged until after the buyer pays (as they may choose a premium service or to collect in person)