Paypal question

[AdrianCC100]

I've looked around and can't seem to find my answer. Perhaps I am blind.. I don't use paypal often and I just made a sale for 56 dollars. Does paypal take a cut from that? If so, how much are they going to take about? What exactly is the percentage they take.

[Windfury]

Yes, they charge fees as their cut.

"Sell

For each domestic payment you receive, a small transaction fee of 2.4% of the total sale plus a fixed fee of $0.30 will be taken from your received funds. If you sell a lot, you can apply for our discounted merchant rates.
Discounted merchant rate
As low as 1.1% plus $0.30, based on monthly sales volume
International sales
3.4% plus a fixed fee based on the currency received. Additional fees may apply for international payments, currency conversions and other transactions.

Some products, like Payflow, Virtual Terminal, and Website Payments Pro – Hosted Solution, are also subject to a monthly fee."

https://www.paypal.com/au/webapps/mpp/paypal-fees

[Lady Tygry]

Conversely, unless they've recently changed it, the buyer can be prompted to use the "gift" option which does not deduct a fee from the seller. Otherwise, just add in an extra 2% on your next transaction if it bugs you.

[Themius]

If you sell on eBay I think it is quite ridiculous that they take a fee for the amount (via paypal) and then eBay takes a fee. They're both eBay companies so why do they need to double dip fees?

[ComputerNerd]

If you sell on eBay I think it is quite ridiculous that they take a fee for the amount (via paypal) and then eBay takes a fee. They're both eBay companies so why do they need to double dip fees?

Fees are often taken by a payment handler, so why should paypal be some exception to that ?

[Themius]

Fees are often taken by a payment handler, so why should paypal be some exception to that ?

eBay pretty much forces you to use their own payment service, paypal, charges you up to 10% of the sale, plus a 2-3% extra for using their own payment service they all but force you to use.