Newbie EBay ? - PayPal Fees

[PolyHereWeCome]

I finally jumped in to EBay and bid on/won. Was thinking I'd pay by PayPal (seller also accepts personal checks) but was wondering how PayPal makes their money -- I assume there's a fee. The item I bid is less than $20.

Does PayPal add on their fee and if so, anyone know what the % is (or flat fee is)?

Am I crazy to consider just paying by personal check? The seller has tons of really positive ratings and zero negative ones. THANK YOU!!!!

 

[DMRick]

Paypal is free to buyers always, buyers and sellers, if no credit card is accepted. Sellers pay fees, if they want to be able to accept credit cards. Paypal also makes money by "keeping" sellers money, before they sweep it out..much like your regular bank does.

 

[PolyHereWeCome]

Thanks for the quick response, DMRick.

 

[VSL]

If you registered on PayPal just using your debit/checking account then you don't need to pay anything INTO your PayPal account. They'll just take the amount from your account and transfer it to the seller - it's really very simple.

Just follow the 'Pay Now' (or whatever) link in your 'My Ebay'>'Items Won' section and authorize your payment. That's all you need to do.

 

[eeyoresmountainpals]

Just wanted to add my two cents here...

Paypal is great and very safe. I would hesitate to send a personal check and give a stranger access to so much of your personal information these days.

Welcome to the world of ebay!! I've been buying on ebay for about five years and selling for about two years. Love it!!!!

 

[PolyHereWeCome]

Thanks, you all, now I feel much more knowledgeable and comfortable about setting up and using PayPal.

It was quite easy and the seller takes cc, so the exact amount was transferred like you said. Here's some pixie dust!