posted on April 28, 2004 09:20:59 AM new
from the Paypal Site...
"Surcharging for all PayPal payments is prohibited outside of the United Kingdom. According to our User Agreement, sellers residing in the United Kingdom and listing items for sale on a UK-based website may impose a surcharge, but only under the following conditions:
Both the buyer and seller reside in the United Kingdom
The purchase price is paid in Pounds Sterling
The surcharge imposed by the seller is no greater than is necessary to recover the receiving fees incurred by the seller
The seller clearly indicates to the buyer prior to the buyer's submission of a bid or (in non-auction transactions) prior to the completion of the purchase, that a surcharge will be incurred and the seller must indicate the amount of the surcharge"
[ edited by minniestuff on Apr 28, 2004 09:23 AM ]
posted on April 28, 2004 09:30:07 AM new
I learned something new too. I had always assumed that sellers in United Kingdom could recoupe their fees by charging any buyer.
"The only thing more expensive than an education is ignorance" B. Franklin
posted on April 28, 2004 02:29:28 PM new
UK sellers can pass on PayPal acceptance charges to buyers located in the UK or in other locales where surcharges are permitted for credit card acceptance.
In practice most UK sellers accept direct credits into their bank account which are free. In the rest of the EU i.e. the Euro area, IBAN payments are the norm since they are free for sums up to €12,500.
US seller can also pass on on PayPal acceptance charges to buyers through the loophole of offering a suitable discount for cash i.e. checks, MOs, wires, direct credits.
