PayPal and eBay have had a strong relationship ever since eBay acquired PayPal in 2002. Even with eBay dropping PayPal’s preferential status for Ayden, the two companies still have an established history together. We always recommend that sellers take the time to understand the PayPal fees they will be charged when they sell an item on eBay.
PayPal has a special setup for online eCommerce sellers. You’d usually be billed 30 cents per transaction, plus 2.9% of the value of the transaction. However, if you bill at least $3,000 a month, you may be eligible for merchant status which entitles you to 30 cents and a lower percentage of the value of the transaction.
PayPal fees aren’t the only costs to look out for when you’re selling. Don’t forget eBay marketplace referral fees, as well as shipping and taxes, which can vary depending on where you’re shipping to.
For an easier, all-in-one solution to doing your accounting as a seller, consider using an eBay fee calculator like Algopix.
Whether you’re selling to Europe, Australia, or North America, Algopix breaks down every expense you’ll have to pay per transaction, as shown above. The tool also gives you insight into market values and sales figures, which can be useful in deciding on your prices and managing your inventory.
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