Port Matilda, PA
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(Topic ID: 211885)
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2 months later
I snagged a Milwaukee cordless soldering iron for $53. I amazed eBay does this. As an eBay seller this comes out of their end. They charge 8.5% in fees on average. Paypal is separate. They're taking a 11.5% hit on everything you buy. Perhaps they're hoping for the $1K items to sell better with the $100 cap.
Quoted from Astropin:eBay charges 10% and then PayPal charges 2.9% plus 30 cent transaction fee.
You're correct, didn't realize the increase. Top rated sellers get a 10% discount and you'll get 1% more back if you pay your fees with a Paypal MasterCard.
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