Nissan 370Z Forum - Vendors and PayPal fee's

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- - Vendors and PayPal fee's (http://www.the370z.com/lounge-off-topic/60082-vendors-paypal-fees.html)

Quote:

Originally Posted by w0rM (Post 1899832)

That said, I avoid any sale that expects me to pay the fees...

Quote:

Originally Posted by frost (Post 1899865)

Yeesh, tough crowd in here. Take it down a notch guys, it's not politics after all :icon17:

Hey, you think this is trivial children starving in our nation issues!!! It's paypal fees, something to really be concerned about. lol.

Shame on you mod for not seeing the seriousness of this. We even have business owners highly concerned while you force us to take it down a notch.

:bowrofl::bowrofl::bowrofl:

Quote:

Originally Posted by tommyguns (Post 1899862)

Buying something

Always free - PayPal is free whenever you use it to buy something or make a payment in the US. The seller pays us a small fee to securely handle your payment. As a buyer, you never pay a fee to use PayPal.

Yeah, that's not a list of rules. It's a very basic fee structure. It says nothing about what the seller can and cannot do regarding fees.

Since you obviously didn't actually look up the user agreement, I did it for you. It actually confirms that you're right. You might have gotten a better response if you had posted this instead of your rant and a link to page that has nothing to do with the actual polices of PayPal.

The Rules are Actually Here: Section IV-5

This is what it says about surcharges:

Quote:

No Surcharges. Under Visa, MasterCard, Discover and American Express regulations and the laws of several states, including California, merchants may not charge a fee to the buyer for accepting credit card payments (often called a "surcharge"). You agree that you will not impose a surcharge or any other fee for accepting PayPal as payment. This restriction does not prevent you from imposing a handling fee in connection with the sale of goods or services, as long as the handling fee does not operate as a surcharge (in other words, the handling fee for transactions paid through PayPal may not be higher than the handling fee for transactions paid through other payment methods). Nor does this restriction apply to Pound-denominated transactions by sellers residing in the United Kingdom listing items for sale on a UK-based website.

Can you PM me who the vendor is? I'm keeping a private avoid list for vendors :)

what does this have to do with general Z chat again? I think this should be in Off Topic.

Hmm so you don't have to pay sales tax, which can be upwards of 8% yet we're griping about 3% PayPal fees. If you don't like it just buy the products from someone else. The whole point of the forsale section is to make it easier to find parts specific to our cars (370s) its not a surprise charge if the seller asks for it. Honestly the parts are cheaper than brand new and good luck finding such an inventory of used items.

And look at the quote up there, can't be a surcharge fee but there can be a handling fee so all they have to do is change from "fee" to "handling" in their posts. Just be thankful theres a solid community of people that come together to make getting parts cheaper and easier.

I account for any fees in my pricing, its just a cost of doing business. Sometimes people pay me as a gift, and I actually am not comfortable with that. I like to keep all the accounting strictly on the up and up. Paypal fees are probably the tiniest expense of the business.

It's really semantics. No vendor is going to just eat the cost. They're going to charge a little more to cover expenses. Just because they don't call it a surcharge or tell you it's $5 more to cover PayPal doesn't mean your some how saving money.

I'm glad someone posted this

There has been a few times I wanted to make a post about this myself but I haven't.

Essentially that 3% is the cost of having the convenience of accepting credit cards or bank payments. To pass that onto someone else is really silly. Now I have paid it, but didn't like it.

If anything like its been said before, bake that cost into your price...but saying "please include the PayPal fee" is super tacky and not something a business looking to be taken seriously should do.

I guess also because I work for a credit card processor...I shake my head when I see that.

I know how you guys feel... In all honesty I had to factor that into my pricing when I sold parts to customers... Thats 3-4% off the top they take and a big dent into your profits if your bargained down to be competitive with your competition. I also gave customers multiple options and discounts for different payment methods. It is up to the vendor to work with the customer.

Mike

Quote:

Originally Posted by Bullitt@UAMotorsports (Post 1900451)

I can definitely see, especially with parts sales and the internet, that margins are super thin. If you include it in your price, people will just go elsewhere to someone who doesn't. Fortunately for me, I sell my service and not parts, so I can easily include it in my pricing.

The convience of using a credit card is exactly what you are paying for. When you swip your card at a gas station, the gas station has to pay the credit card company a fee for using the service. I used to live in NJ and this was such a big deal that for a while the price of gas was cheaper per gallon if you paid cash instead of a credit card. It's the same at restaurants and stores in the mall, everytime you swip the credit card companies take a piece, it's a part of doing business. I'm not defending it but just realize that the cost is put into the merchandise you are paying for. I don't see what you're actually looking to change, people might not say "buyer pays paypal fees" now but people will just include it in their asking prices, the same way every other place that accepts credit cards does.