Ive recently sold a item for £200 plus an extra cost of £7.90 for postage and ive only recieved £193

Ive recently sold an item for £200 plus and extra cost of £7.90 postage which should come to £207.90p,but ive only recieved £193.Why ?????

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seems an odd question for someone who`s been a member for 10 years!!

why???

 

because you have to pay fees,

 

 

The money that is taken straight away is paypals fee for processing the payment,

 

ebay invoice for their fees after the sale.

 

Paypal charge 2.9% plus 30p

 

ebay charge 10% of the total - item price plus P&P, as well as any listing fees you may have incurred

There are Paypal receiving fees of 3.4% + 20p for UK payments. 3.9% + 20p for overseas payments. They are taken from the payments as they're received.

In your PayPal account, what does it say the amount received was before the fees?  

 

Is there a break down of the payment like amount received and was postage paid on top?

Such an unfriendly place this is.   It doesn't seem to add up for me. Apologies if I've screwed up the maths.

 

3.4/100 * 207.9 (+20p fixed fee) = 7.27 Paypal fee

Total received should be £200.63

 

or for International

3.9/100 * 207.9 (+20p fixed fee) = 8.31 PayPal fee

Total received should be £199.59

 

 

So without further patronizing the OP, where did the £7.63 or £6.59 go? 

 

(Maybe this is why OP is asking and not because they don't expect to pay fees.  The eBay fees is another matter as that's charged after.  If they're lucky to have listed during the last £1 FVF offer, then it'd only be £1 fvf anyway rather than £28ish. Even taking that into account, still doesn't get to £193.)

 

@ OP

 

What does your PayPal transaction receipt show the PayPal fee to be? We'd need more info.   (but you'd probably have more luck figuring this out by contacting PayPal)

I could perhaps understand this question if you were a newbie seller.  But you've been an ebayer for 10 years, so how can you have never before noticed that you pay payment processing fees on every PayPal payment you receive...? And how can you have not known that payment processing fees are payable...? That's how PayPal make their money. They're a business, not a charity.

 

Everything you need to know about selling on Ebay, including what Ebay and PayPal charge, is in the Seller Centre (link at foot of any page). You also have the Help pages to refer to (links at top and foot of any page).

 

@devondigger2010 

And another £28 fvf's to be paid on your next invoice.....