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I'm pretty sure PayPal charges fees for the convenience of getting your money instantly, which means nobody is expecting charity here as you seem to be implying

I'm pretty sure PayPal charges fees for the convenience of getting your money instantly, which means nobody is expecting charity here as you seem to be implying. Thus, PayPal is not bearing all the risk, indeed they are being paid to carry the risk. I have a merchant account and it clears to my bank account next day, there is no such 21-day float period, which might be more common when you are being paid by a vendor but not a bank. In my opinion their rules are exploitative and out of line with what I would expect from a company that I would do business with. (Edited to remove 'out of line with what rational people expect' comment, I do not presume to speak for anyone.)

anigbrowl 15y ago
Their fees are cheap compared to the consignment fees of an antique or other specialty dealer. That said, I am looking at it in the specific context of Paypal as a transaction-processing arm of eBay, an auction brokerage. I don't know if this violin was sold on eBay or through some private sale, but I suspect the former since private buyers usually negotiate terms in advance. They are somewhat exploitative, but on the other hand I consider the buyer's right to get what they paid for just as important as the seller's right to get the cash they sold their goods for. Having been on both sides of the transaction fairly frequently their fees and policies seem fair enough to me, but obviously YMMV.