Bugsysiegals said:SRSemenza said:Cheese said:serge0n said:Incredible. Current bid is already $1750. Started from $999.
Up to $1850 with 3 days left...
Buyers can still pay with PayPal. It is a payment option on the buyers end. It is just that all the payments go through Ebay to the seller regardless of the payment method.
Seth
Right, but the ripoff is that as a seller I was losing 5% to PayPal and 5% from eBay in the past and now I lose 11% even though eBay does direct deposit to me ... I was expecting to only get the 5% fee from eBay but I guess they've found eliminating PayPal and taking the extra 5% for themselves was more profitable ...
Ebay’s fee is actually currently 12.55%. But even before with PayPal ebay’s fee was 10%, not 5%. Ebay used to charge 10% and PayPal would add on another ~2%. So the total fee is very similar to what it was before. I agree it’s a ripoff though. That’s why you have to have such high prices on ebay to make a profit. And what makes matters worse is that ebay actually charges you 12.55% on the tax that the customer has to pay them! So if the customer has to pay ebay $100 sales tax on an item they bought from you ebay adds $12.55 to your final value fee.