Ebay/Paypal's ridiculous fees

[Decoded]

Now you feel the pain that UK sellers feel when they see what they earn after VAT.

[techgeek]

Its why I usually just move onto selling it locally 1st if I can.

And accept it for cash like on craigslist or something similar then this forum, and then if I cant sell it all I move on ebay.

Ebay has always been a blood sucker of profits. But they have this new program, where they secure a certain price for you - and if that price isnt met the remainder of the price would be covered given through a ebay giftcard of their own program.

[JasonXG]

Sell an item on ebay for $100, actually receive $86

http://www.newlifeauctions.com/calc.html



Remind me why there's no good bitcoin auction websites since Bitmit again?

This is why I love bitcoin. 13.2% Ouch !! What did I break?

[Etaren]

Yeah if you only sell occasionally its not worth it, the cheapest one is like $16/month if you sign up for a full year, or $20/month if you go month to month.

I think you also have to sell a certain amount of items to have a store on eBay,

Paypal gonna die..their payment methods & system is 20 years behind the times. Ebay...meh..surely it cant be that hard to hack up a similar site that dont use fucking paypal...

I'm really surprised no-one done it yet considering how much people generally hate paypal and ebay and despise their fees...there's a fortune to be made there potentially for someone with balls and cash....

Someone was playing around with the idea of cBay for crypto as only payment method. They would have to offer some kind of escrow service if they want to keep both buyer and sellers happy. No more fake chargebacks after someone uses the product or breaks it

Why do you think ebay and paypal has such a ridiculous fee not because they want you to pay. They also want to earn money also for big companys is just a couple of cents enough they also want more. So dont blame on them everybody wants to make money.

[Yaunfitda]

Sell an item on ebay for $100, actually receive $86

http://www.newlifeauctions.com/calc.html



Remind me why there's no good bitcoin auction websites since Bitmit again?

This is why I love bitcoin. 13.2% Ouch !! What did I break?

But that fee includes the Ebay fee of 10%. That is something you have to pay regardless you use bitcoin or not.

[2legit2]

Sell an item on ebay for $100, actually receive $86

http://www.newlifeauctions.com/calc.html



Remind me why there's no good bitcoin auction websites since Bitmit again?

yes, ebay and of course sometimes paypal ( when you send to other people in different countries sometimes) have huge fees usually, around 15% and i think that that's a lot

and these large fees is main reason why i don't use paypal anymore, and i started to use bitcoins and sites like openbazaar instead of ebay, because they don't have fees like that

[Kendji]

i agree with you there are so ridiculous fees.
anyway good Calcul XD

[Chrismeister]

off course is ebay putting a fee into the bitcoin payments and paypal because he dont have a stable value so they only got more change to get rid of coins.

[fravia]

Sell an item on ebay for $100, actually receive $86

http://www.newlifeauctions.com/calc.html



Remind me why there's no good bitcoin auction websites since Bitmit again?

i have to say that other sites, steam and others have 4-16% fees when selling something too so this is not surprise that ebay have 16% fees too, they have to earn somehow

but thing that surprises me that paypal sometimes also have fees, my friend from other country sent me money and i got around 80% only of that amount, so their fees are even larger

[saiha]

Well I got a transaction with paypal that I'm going to transfer my paypal funds to my bank account, but what happened was paypal, reversed my transaction, even though I have complete details they cancelled my transaction and charged me somewhat about $5 I think.
And that's unfair for the users of paypal, but I complained with the email support and they returned my money.

[noormcs5]

Why do you think ebay and paypal has such a ridiculous fee not because they want you to pay. They also want to earn money also for big companys is just a couple of cents enough they also want more. So dont blame on them everybody wants to make money.

Ok PAypal/ Ebay makes their money from the fees they charge but in bitcoin there is no fee and it is better for the consumers to trade with bitcoins rather than paypal. Since Paypal/Ebay has now competition with bitcoins, they not only have to reduce their fee but also need to improve their  services.

[hermanhs09]

Why do you think ebay and paypal has such a ridiculous fee not because they want you to pay. They also want to earn money also for big companys is just a couple of cents enough they also want more. So dont blame on them everybody wants to make money.

Ok PAypal/ Ebay makes their money from the fees they charge but in bitcoin there is no fee and it is better for the consumers to trade with bitcoins rather than paypal. Since Paypal/Ebay has now competition with bitcoins, they not only have to reduce their fee but also need to improve their  services.

Yes, they dont make any/little money off of using btc so how is it fair to them, they make no money we get no products simple as that we cannot batter at them for not getting a little bit of money for their services.

They are starting to have ridiculous fees though it is getting way too high.

[Yaunfitda]

Why do you think ebay and paypal has such a ridiculous fee not because they want you to pay. They also want to earn money also for big companys is just a couple of cents enough they also want more. So dont blame on them everybody wants to make money.

Ok PAypal/ Ebay makes their money from the fees they charge but in bitcoin there is no fee and it is better for the consumers to trade with bitcoins rather than paypal. Since Paypal/Ebay has now competition with bitcoins, they not only have to reduce their fee but also need to improve their  services.

Yes, they dont make any/little money off of using btc so how is it fair to them, they make no money we get no products simple as that we cannot batter at them for not getting a little bit of money for their services.

They are starting to have ridiculous fees though it is getting way too high.

Why cannot Paypal charge the customers if they use bitcoin. There should be no difference beween using fiat or bitcoin.

[Mishik]

There will be fees. Don't listen to spammers. Theyll probably do one of the following:

Add 5% into your original purchase
Add 5% to the exchange rate from Fiat->BTC
Add a hidden fee somewhere to make them money

Typical PayPal.

[Skaven]

They have gotten rid of their listing fees, but now charge a higher final value fee, even on shipping costs now.  Also, you have to pay the PayPal fee on the total sale, not the sale amount after eBay fees.  Its ridiculous how they rob people.

Listing fees are still there on the UK site, and I think you get 100 free auction listings, but BIN you have to pay for. Final value fee is 10% usually.

You're right, they haven't gotten rid of listing fees, they just give you a certain amount of free ones.  Ebays 10% + paypals fees can add up quick though, and after you pay for shipping it makes it harder make decent money.

Coingig was a great bitcoin alternative to eBay also.  They shut down a few months ago too.

I dont think you all know why they are putting that fees on it the price of the bitcoin is not stable so they take a big risk if they just gave you everything you need to
get for the bitcoin. They will only make allot of lose so they put a fee on it to get a nice percentage of the money. I understand completely why they are doing it and you should also.

[ibh98]

simple. they make no money we get no
products simple as that we cannot batter at them for not
getting a little bit of money for their services.
They are starting to have ridiculous fees though it is getting
way too high.

[zwanzig20]

Especially Ebay's fees are high

[Babayega31]

Im suffering using paypal since back then when i use it for good purposes like buying things online and investing on raveshares and every transaction ive made paypal gives me ridicolous high payments per transaction and i cannot do nothing with it since that is their fucking rules of fees.

[Galiatram]

this is not strange that ebay and paypal are puting fees on the the bitcoin when you want to buy something they have a bigger risk than you because
they are accepting all people their ccoins and when the price drops they will have a big lose so fees are not strange for the big companys.

[Cyaren]

You cant fight with company fees actually,the only way to fight it is just leave this company for themselves,dont let them earn money thats all.
I agree with you anyway,these fees are insane,its not fair for us,the customers indeeed...