Originally Posted by Axelai
Read it again.
Only the recipient of the payment is charged in the transaction. Ie. the person paying the money doesn't foot the bill, the person getting it does. And yes, we pay fees for every single credit card and e-check transaction made.
The idea that we don't can be one of the more frustrating parts of doing business online. Everyone takes so many cuts from the seller that there's no way to unload most items without taking quite a deep loss. Ebay wants money, paypal wants money, the post office wants more money. While in our Walmart-world, especially during a recession, buyers want to pay less (and then rarely understand what it is they are paying for).
From paypal's website:
"Purchase payments received (monthly) Fee per transaction:
$0.00 USD - $3,000.00 USD 2.9% + $0.30 USD"
There are also cross-border fees (3.9% and a variety of other annoying charges)
They can be avoided by paying with your paypal balance or a paypal issued credit card.