Paypal fees question

Can someone help me out here please, when items have been sold on this forum it is usually plus paypal fees, it seems that there are no fees if the money is coming from a paypal acc or bank acc which is attached to it.
I am confused and would appreciate it if someone could explain how it all works.

Regards
Chris

There are only no fees if the payment is marked as a 'gift', which is dodgy. The fees for a 'purchase' are significantly lower for bank-funded payments (IIRC something like 20p + 1.5% rather than 20p + 3.5%, but could be wrong), but are not zero.

Thanks for that-just checking.
Not sure why it is "dodgy" though
Regards
Chris

Because it is explicitly against PayPal T&Cs. Purchase of any goods cannot be marked as "gift".
...I can find the section number if the small print is hard to read
Matt

Taken from paypals help section.....


Are there fees for sending money?
You can send two types of payment through PayPal:

Personal Transfer
Purchase


Personal Transfers:
It's free when you use your PayPal balance or your bank account. There is a charge of 3.4% + £0.20 GBP fee charged for debit or credit card funded payments. Either the sender or recipient can pay this fee.

Purchases:
It’s free to send money using PayPal.

So based on that, a £500 purchase would incur a fee of £17, your price you would get for the item would then be £483

I'm beginning to understand it
Regards
Chris

The recipient of the money - ie the seller pays fees, which is why people want either papal gift or the buyer to pay the extra to cover the fees.

If you are buying selling within the UK and trust the seller then it is cheaper to use a bank transfer.

When you buy using Paypal there are certain safeguards against fraud e.g. if the seller does not send the goods Paypal should reimburse you and take action against the seller. If you call a purchase a gift you forfeit this protection.

Fortunately this forum seems to be pretty safe as in many cases we are dealing with people we know or who have a track record of successful deals but the principle of caveat emptor remains.

Not any more - when I bought a lens by this method, there was a tickbox option for me to pay the fees upfront (ie no need to guess what they were and add more to the payment)

That is good news . Last lens I bought (in Sesptember) had to be paid using Paypal gift, as did the last one I sold.