3 ms·
Unfortunately the 10% is basically the minimum we do need at this moment. 10% on a $10 transaction is $10. PayPals fees on a $10 purchase are 3.5% plus 35 cents
by Diamons 13y ago
Unfortunately the 10% is basically the minimum we do need at this moment. 10% on a $10 transaction is $10. PayPals fees on a $10 purchase are 3.5% plus 35 cents. That's 70 cents. Basically our profit is 30 cents.
Our 10% fee is way cheaper than eBays 9-12%+PayPal fees. Our 10% umbrella fee is nicer because sellers don't like having to figure out how much they're making by doing lots of adding. One simple 10% fee that covers transaction fees is much more preferred.