Discussion Forum: Thread 310822 |
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| | Author: | merchant | Posted: | Oct 13, 2021 11:40 | Subject: | can someone please explain the breakdown | Viewed: | 301 times | Topic: | Payment Methods | |
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| I have been using paypal to accept payments.
I don't under the what all fees are included here.
the .67 fees is on what amount (5.24) ?
if so that turns out to be around 12%
but paypal fees is only 3%
is bricklink fees also included here?
I see the following in paypal
Purchase details
BrickLink Order $0.11
Shipping $4.80
Tax $0.33
Purchase total $5.24
Fee -$0.67
Partner fee -$0.33
Total $4.24
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| | | | Author: | tons_of_bricks | Posted: | Oct 13, 2021 11:49 | Subject: | Re: can someone please explain the breakdown | Viewed: | 50 times | Topic: | Payment Methods | |
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| I'm pretty sure paypal fees are $0.50 plus 3%, which would come out to about
the value you have there.
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| | | | Author: | zorbanj | Posted: | Oct 13, 2021 11:50 | Subject: | Re: can someone please explain the breakdown | Viewed: | 53 times | Topic: | Payment Methods | |
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| PayPal fees were increased in August.
The PayPal fee is on the $5.24 purchase total, including shipping and tax.
PayPal fee (domestic order) = Total paid x 3.49% + $0.49 fixed fee
$5.24 x 3.49% = 0.18 + 0.49 fixed fee = 0.67
PayPal Fees (Int'l order) = Total paid x 4.99% + $0.49
In Payment Methods, merchant writes:
| I have been using paypal to accept payments.
I don't under the what all fees are included here.
the .67 fees is on what amount (5.24) ?
if so that turns out to be around 12%
but paypal fees is only 3%
is bricklink fees also included here?
I see the following in paypal
Purchase details
BrickLink Order $0.11
Shipping $4.80
Tax $0.33
Purchase total $5.24
Fee -$0.67
Partner fee -$0.33
Total $4.24
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| | | | | | Author: | merchant | Posted: | Oct 13, 2021 13:31 | Subject: | Re: can someone please explain the breakdown | Viewed: | 61 times | Topic: | Payment Methods | |
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| Thank you so much for the clear explanation
Regards
MerchantBricks
In Payment Methods, zorbanj writes:
| PayPal fees were increased in August.
The PayPal fee is on the $5.24 purchase total, including shipping and tax.
PayPal fee (domestic order) = Total paid x 3.49% + $0.49 fixed fee
$5.24 x 3.49% = 0.18 + 0.49 fixed fee = 0.67
PayPal Fees (Int'l order) = Total paid x 4.99% + $0.49
In Payment Methods, merchant writes:
| I have been using paypal to accept payments.
I don't under the what all fees are included here.
the .67 fees is on what amount (5.24) ?
if so that turns out to be around 12%
but paypal fees is only 3%
is bricklink fees also included here?
I see the following in paypal
Purchase details
BrickLink Order $0.11
Shipping $4.80
Tax $0.33
Purchase total $5.24
Fee -$0.67
Partner fee -$0.33
Total $4.24
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| | | | Author: | yorbrick | Posted: | Oct 13, 2021 11:56 | Subject: | Re: can someone please explain the breakdown | Viewed: | 68 times | Topic: | Payment Methods | |
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| In Payment Methods, merchant writes:
| I have been using paypal to accept payments.
I don't under the what all fees are included here.
the .67 fees is on what amount (5.24) ?
if so that turns out to be around 12%
but paypal fees is only 3%
is bricklink fees also included here?
I see the following in paypal
Purchase details
BrickLink Order $0.11
Shipping $4.80
Tax $0.33
Purchase total $5.24
Fee -$0.67
Partner fee -$0.33
Total $4.24
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It is just as well you charge the extra $1 handling as you'd be making a
loss on orders like those after the paypal fixed fees and packaging costs. What
a crazy order, the buyer pays $5.24 for an 11c part.
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| | | | | | Author: | merchant | Posted: | Oct 13, 2021 13:34 | Subject: | Re: can someone please explain the breakdown | Viewed: | 55 times | Topic: | Payment Methods | |
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| I didn't realize this before. Added a min buy to store to avoid these kind
of issues
In Payment Methods, yorbrick writes:
| In Payment Methods, merchant writes:
| I have been using paypal to accept payments.
I don't under the what all fees are included here.
the .67 fees is on what amount (5.24) ?
if so that turns out to be around 12%
but paypal fees is only 3%
is bricklink fees also included here?
I see the following in paypal
Purchase details
BrickLink Order $0.11
Shipping $4.80
Tax $0.33
Purchase total $5.24
Fee -$0.67
Partner fee -$0.33
Total $4.24
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It is just as well you charge the extra $1 handling as you'd be making a
loss on orders like those after the paypal fixed fees and packaging costs. What
a crazy order, the buyer pays $5.24 for an 11c part.
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| | | | | | Author: | Play_It_Again | Posted: | Oct 13, 2021 13:50 | Subject: | Re: can someone please explain the breakdown | Viewed: | 52 times | Topic: | Payment Methods | |
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| I just went back and looked because I remember having several small orders before
implementing a .50 min lot limit.
I had orders of .02, .03, .04, .05 & .09. In all I've had 46 orders for
less than .49. Shipping was less in 2017 and taxes were not collected so the
.02 order paid $3.64 total.
In Payment Methods, yorbrick writes:
| the buyer pays $5.24 for an 11c part.
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| | | | | | | | Author: | SylvainLS | Posted: | Oct 13, 2021 14:06 | Subject: | Re: can someone please explain the breakdown | Viewed: | 61 times | Topic: | Payment Methods | |
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| In Payment Methods, monica4391 writes:
| I just went back and looked because I remember having several small orders before
implementing a .50 min lot limit.
I had orders of .02, .03, .04, .05 & .09. In all I've had 46 orders for
less than .49. Shipping was less in 2017 and taxes were not collected so the
.02 order paid $3.64 total.
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Were these “dropshipped” orders / sellers using you to fix an error in one of
their orders?
Trying to explain why someone would pay so much in shipping. (With your examples
and OP’s, 98% to 99.5% of the total price is shipping!)
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| | | | Author: | NewmansPicks | Posted: | Oct 13, 2021 11:57 | Subject: | (Cancelled) | Viewed: | 43 times | Topic: | Payment Methods | |
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| (Cancelled) |
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| | | | | | Author: | NewmansPicks | Posted: | Oct 13, 2021 12:02 | Subject: | (Cancelled) | Viewed: | 42 times | Topic: | Payment Methods | |
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| (Cancelled) |
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| | | | Author: | peregrinator | Posted: | Oct 13, 2021 12:50 | Subject: | Re: can someone please explain the breakdown | Viewed: | 58 times | Topic: | Payment Methods | |
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| In Payment Methods, merchant writes:
| I have been using paypal to accept payments.
I don't under the what all fees are included here.
the .67 fees is on what amount (5.24) ?
if so that turns out to be around 12%
but paypal fees is only 3%
is bricklink fees also included here?
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In answer to your last question, no, BrickLink fees are not included here - the
"Partner Fee" is the Sales Tax.
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| | | | | | Author: | merchant | Posted: | Oct 13, 2021 13:32 | Subject: | Re: can someone please explain the breakdown | Viewed: | 42 times | Topic: | Payment Methods | |
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| Thanks for the clarification.
Regards
MerchantBricks
In Payment Methods, peregrinator writes:
| In Payment Methods, merchant writes:
| I have been using paypal to accept payments.
I don't under the what all fees are included here.
the .67 fees is on what amount (5.24) ?
if so that turns out to be around 12%
but paypal fees is only 3%
is bricklink fees also included here?
|
In answer to your last question, no, BrickLink fees are not included here - the
"Partner Fee" is the Sales Tax.
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