This is how Buyer Protection Fees are calculated.
When purchasing from UK-based private sellers, the Buyer Protection fee is calculated as:
- A flat fee of up to £0.75 per item, and
- 4% of the item price up to £300, and
- 2% of any portion of the item price from £300 to £4,000
There is a cap on the total fee amount you'll ever pay. Any portion of the item price over £4,000 will not incur any additional fee. When purchasing multiple quantities within a listing, the flat fee up to £0.75 is only charged once.
It does state the flat fee is 75p but currently, it's being charged at 72p.
Concerning offers, if a buyer sends an offer for example for £10, and it's accepted, the seller will receive less, as the Buyer Protection Fee is taken off.
If the seller sends the offer, again for example £10, the buyer will pay more, as they will pay a Buyer Protection Fee as calculated above, on top of the £10.
Hope the above helps clarify a little , as we are all learning here too, re these changes ! 🤔
@yamfaz56
@yamfaz56