Quote:
Originally Posted by conor912
I sell on ebay every once in a while and I switched over a couple weeks ago. It’s ludicrous. Instead of funds showing up instantly in your PP account, they go through a “processing”period and then a “payout” is made in the form of a bank transfer. Before, if I made a sale, as soon as payment was made I had access to the funds. Now it takes 4-5 days from time of payment to clearing my bank.
As far as fees go, I’m still not exactly sure how they are calculating. One sale was $529 minus $70.04 in fees = 13.24% and another was $330 minus $41.06=12.44%. Maybe they’re on a sliding scale now? IDK. All I do know is my eBay selling days are numbered.
|
One of the reasons your % of fees changes is the amount of sales tax being added to the payment based on the buyer's home state sales tax rate. You are paying EBAY fees on the sales tax that the buyer is paying, which EBAY is collecting and remitting to the state for you. I think I have said this correctly.