Does anyone have any experience taking payment via Paypal when selling privately as opposed to eBay? I'm wondering about the fees - Paypal states the following:
'It’s free to use PayPal to send or receive money between friends and family in the UK, as long as the payment is funded by a bank account, debit card or PayPal balance, and no currency conversion is involved.
If you fund the payment using a credit card, send money in a different currency or make an international transfer, we charge you, the sender, a small fee. A currency conversion fee may also apply.'
Am I therefore correct in thinking that if the buyer wishes to fund the purchase with some money from a bank account and the rest on card that no fees are payable on the bank account and only the buyer pays fees on the card payment, or am I missing something here? I'd really appreciate any advice from somone who has sold a machine or other item privately in the past as I've only ever received cash/cheque/bank transfer in the past.
Many thanks,
Guy
'It’s free to use PayPal to send or receive money between friends and family in the UK, as long as the payment is funded by a bank account, debit card or PayPal balance, and no currency conversion is involved.
If you fund the payment using a credit card, send money in a different currency or make an international transfer, we charge you, the sender, a small fee. A currency conversion fee may also apply.'
Am I therefore correct in thinking that if the buyer wishes to fund the purchase with some money from a bank account and the rest on card that no fees are payable on the bank account and only the buyer pays fees on the card payment, or am I missing something here? I'd really appreciate any advice from somone who has sold a machine or other item privately in the past as I've only ever received cash/cheque/bank transfer in the past.
Many thanks,
Guy