Paypal buyer's premium on eBay?!

[Dissipate]

Ok, I was cruising some auctions on eBay for collectible coins and I came accross one that has this in the auction:

Text*Please Note - If paying by PAYPAL, buyer must add a 3.25% Buyers premium to the total in order to cover the PAYPAL costs.*

What the hell? I have never seen this before, I think this is ridiculous. As far as I know the seller is supposed to cover the transaction costs, not the buyer. I hope this isn't a new trend on eBay.

Anyways, here's the auction.

 

[vegetation]

So don't bid. If you feel like doing free labor for eb*y then you can turn 'em in to safeharbor and they'll warn the seller, and eventually suspend as it's against policy.

 

[Dissipate]

I don't have any intention on bidding. I just feel sorry for the poor sap who already has.

 

[Dissipate]

Originally posted by: vegetation
So don't bid. If you feel like doing free labor for eb*y then you can turn 'em in to safeharbor and they'll warn the seller, and eventually suspend as it's against policy.

I'll be glad to report them. Can you give a link to the eBay policy that talks about this?

 

[Antisocial Virge]

Originally posted by: Dissipate

Originally posted by: vegetation
So don't bid. If you feel like doing free labor for eb*y then you can turn 'em in to safeharbor and they'll warn the seller, and eventually suspend as it's against policy.

I'll be glad to report them. Can you give a link to the eBay policy that talks about this?

Actually its against credit card law. You can't charge a surcharge for credit card use (and paypal has lumped themselves into that) because that would give another payment type an advantage and the credit card company would hate that.

 

[C'DaleRider]

It's against PayPal's TOS except in the UK......for some reason, in Britian, surcharges are legal, accepted and quite commonplace.

 

[Dissipate]

Originally posted by: C'DaleRider
It's against PayPal's TOS except in the UK......for some reason, in Britian, surcharges are legal, accepted and quite commonplace.

That doesn't surprise me. Look at their taxes. 16% value added tax on purchases. LoL

 

[Eli]

I have no problem with it.

Christ, you'd think resellers all have guns pointed at our heads or something.

 

[MacBaine]

Originally posted by: Eli
I have no problem with it.

Christ, you'd think resellers all have guns pointed at our heads or something.

Gunstore owners might

 

[Joker81]

just bid on it then when you pay with paypal without hte surcharge and they complain say its against ebays policy.

 

[AlienCraft]

Duly reported.
Asshat, he is indeed.

 

[Viper GTS]

Originally posted by: Antisocial-Virge
Actually its against credit card law. You can't charge a surcharge for credit card use (and paypal has lumped themselves into that) because that would give another payment type an advantage and the credit card company would hate that.

Credit card law?

It's against the terms of service of the credit card company (and PayPal), but that's only to give themselves equal footing with cash.

Viper GTS

 

[AlienCraft]

Called PayPal. The nice lady there referred it to their Internal Investigations Dept. He should be getting a Nasty shock soon......

 

[DorkBoy]

Report him to E*ay, they will pull his ads and notify him via email that this is against E*ays rules/regs.
This is actually against the law in some states (charging a fee).

 

[conjur]

Easy way around it is to charge a shipping and "handling" fee.

 

[Antisocial Virge]

Originally posted by: Viper GTS

Originally posted by: Antisocial-Virge
Actually its against credit card law. You can't charge a surcharge for credit card use (and paypal has lumped themselves into that) because that would give another payment type an advantage and the credit card company would hate that.

Credit card law?

It's against the terms of service of the credit card company (and PayPal), but that's only to give themselves equal footing with cash.

Viper GTS

No Surcharges. Under Visa, MasterCard, Discover and American Express regulations and the laws of several states, including California, merchants may not charge a fee to the buyer for accepting credit card payments (often called a "surcharge").

 

[AlienCraft]

Originally posted by: conjur
Easy way around it is to charge a shipping and "handling" fee.

An excessive "handling" fee will draw the attention of eBay TOS team as well. Not to mention the hassles from buyers. I round the Priority Mail fee with Signature confirmation to $6.00 instead of the exact $5.65 to throw some spare change at the gas I spend back and forth 2 -3 times a week I ship out. Some people really have an issue with that, even after I point out the "Handling" aspect" of the way it is listed.
Not much one can do about that, except try to explain reasonably.
I've only had one guy really gripe about it. out of almost 100 sales....

 

[Viper GTS]

Originally posted by: Antisocial-Virge

Originally posted by: Viper GTS

Originally posted by: Antisocial-Virge
Actually its against credit card law. You can't charge a surcharge for credit card use (and paypal has lumped themselves into that) because that would give another payment type an advantage and the credit card company would hate that.

Credit card law?

It's against the terms of service of the credit card company (and PayPal), but that's only to give themselves equal footing with cash.

Viper GTS

No Surcharges. Under Visa, MasterCard, Discover and American Express regulations and the laws of several states, including California, merchants may not charge a fee to the buyer for accepting credit card payments (often called a "surcharge").

While there may be a few states and/or municipalities with laws against it the vast majority of the time it's simply against the TOS of the card provider.

With PayPal it's definitely just the PayPal TOS.

Viper GTS

 

[Antisocial Virge]

Originally posted by: Viper GTS

Originally posted by: Antisocial-Virge

Originally posted by: Viper GTS

Originally posted by: Antisocial-Virge
Actually its against credit card law. You can't charge a surcharge for credit card use (and paypal has lumped themselves into that) because that would give another payment type an advantage and the credit card company would hate that.

Credit card law?

It's against the terms of service of the credit card company (and PayPal), but that's only to give themselves equal footing with cash.

Viper GTS

No Surcharges. Under Visa, MasterCard, Discover and American Express regulations and the laws of several states, including California, merchants may not charge a fee to the buyer for accepting credit card payments (often called a "surcharge").

While there may be a few states and/or municipalities with laws against it the vast majority of the time it's simply against the TOS of the card provider.

With PayPal it's definitely just the PayPal TOS.

Viper GTS

I got that from Paypals TOS so yes, its definitely against the TOS.