Discussion Forum: Thread 306502 |
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| | Author: | TheLastBrick | Posted: | Jul 14, 2021 08:08 | Subject: | Paypal 5% fee | Viewed: | 152 times | Topic: | Help | |
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| Hello, how I can add automatically to my store the 5% paypal fee to when the
people are buying from and go to auto pay with paypal, the final price have already
the 5% included, how I can do that? Thanks
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| | | | Author: | infinibrix | Posted: | Jul 14, 2021 08:14 | Subject: | Re: Paypal 5% fee | Viewed: | 47 times | Topic: | Help | |
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| In Help, TheLastBrick writes:
| Hello, how I can add automatically to my store the 5% paypal fee to when the
people are buying from and go to auto pay with paypal, the final price have already
the 5% included, how I can do that? Thanks
|
To be honest you'd be better off incorporating the 5% into the sale price
of your items as adding paypal fees at the end is never good for business as
no one likes a hidden surprise at checkout!
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| | | | | | Author: | Brick_Qc | Posted: | Jul 14, 2021 08:18 | Subject: | Re: Paypal 5% fee | Viewed: | 52 times | Topic: | Help | |
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| In Help, infinibrix writes:
| In Help, TheLastBrick writes:
| Hello, how I can add automatically to my store the 5% paypal fee to when the
people are buying from and go to auto pay with paypal, the final price have already
the 5% included, how I can do that? Thanks
|
To be honest you'd be better off incorporating the 5% into the sale price
of your items as adding paypal fees at the end is never good for business as
no one likes a hidden surprise at checkout!
|
+1
Also check your country's Paypal rules, it's against PP's rules in
some countries to do so.
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| | | | | | | | Author: | SylvainLS | Posted: | Jul 14, 2021 08:22 | Subject: | Re: Paypal 5% fee | Viewed: | 45 times | Topic: | Help | |
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| In Help, Brick_Qc writes:
| In Help, infinibrix writes:
| In Help, TheLastBrick writes:
| Hello, how I can add automatically to my store the 5% paypal fee to when the
people are buying from and go to auto pay with paypal, the final price have already
the 5% included, how I can do that? Thanks
|
To be honest you'd be better off incorporating the 5% into the sale price
of your items as adding paypal fees at the end is never good for business as
no one likes a hidden surprise at checkout!
|
+1
Also check your country's Paypal rules, it's against PP's rules in
some countries to do so.
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It may also be against the law in you country (it is in France: no surcharge
for any payment method… but you can give a discount on all the others… use the
carrot, not the stick ).
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| | | | Author: | Teup | Posted: | Jul 14, 2021 08:23 | Subject: | Re: Paypal 5% fee | Viewed: | 60 times | Topic: | Help | |
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| In Help, TheLastBrick writes:
| Hello, how I can add automatically to my store the 5% paypal fee to when the
people are buying from and go to auto pay with paypal, the final price have already
the 5% included, how I can do that? Thanks
|
That's not allowed - you may never charge more than the exact amount of fees
that was incurred, per EU legislation. 5% might be more than the exact amount
in some cases.
Additionally, PayPal restricts seller's right to pass on any fees at all
in some countries, so you would need to consult the Portuguese PayPal terms (PayPal
likes to keep this myth alive that they are "free" even though they are greedy).
Lastly, in several countries (most notably US and UK) passing on payment fees
is not common practice, and buyers from those countries may be discouraged from
buying if they see you do.
You could:
- charge everyone the same regardless of payment method
- give a 5% discount to buyers who don't, or some other bonus or freebie
- undercharge the amount (e.g. add 3% for PayPal)
To set a payment processing fee, look under "Insurance & Additional Charges",
then at "Handling fees" select "Payment processing fee".
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| | | | | | Author: | TheLastBrick | Posted: | Jul 15, 2021 19:47 | Subject: | Re: Paypal 5% fee | Viewed: | 66 times | Topic: | Help | |
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| Thanks for the replies
In Help, Teup writes:
| In Help, TheLastBrick writes:
| Hello, how I can add automatically to my store the 5% paypal fee to when the
people are buying from and go to auto pay with paypal, the final price have already
the 5% included, how I can do that? Thanks
|
That's not allowed - you may never charge more than the exact amount of fees
that was incurred, per EU legislation. 5% might be more than the exact amount
in some cases.
Additionally, PayPal restricts seller's right to pass on any fees at all
in some countries, so you would need to consult the Portuguese PayPal terms (PayPal
likes to keep this myth alive that they are "free" even though they are greedy).
Lastly, in several countries (most notably US and UK) passing on payment fees
is not common practice, and buyers from those countries may be discouraged from
buying if they see you do.
You could:
- charge everyone the same regardless of payment method
- give a 5% discount to buyers who don't, or some other bonus or freebie
- undercharge the amount (e.g. add 3% for PayPal)
To set a payment processing fee, look under "Insurance & Additional Charges",
then at "Handling fees" select "Payment processing fee".
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