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| PAYPAL MICROPAYMENTS |
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| No Seller can afford to turn down the prospect of an increase in
profit. If you have a UK /USA/EU/Au Paypal account you can and will save money
in Paypal fees by opening a Paypal Micro payments account for sales less than
£9.50 (including postage). |
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| Paypal have, by allowing Micro payment accounts , given some
concession in their fees for low -value auctions. |
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| How a
Paypal Micro Payments Account Works. |
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| Say for a Sale of £3.10 (sale price including postage).
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| Paypal Micropayments Account. Fees are 5% plus 5p per
transaction . |
| 21p. (£3.10 x 5% + £0.05
) |
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| Paypal Premier Account (Macro). Fees are 3.4% plus 20p per
transaction. |
| 31p (£3.10 x 3.4% +
£0.20) |
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| So for a Sale (or Paypal receipt) of £3.10 you'll save 10p per
transaction. |
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| The break-even amount is approximately £9.50 . Any sale below
that and you will profit by having a Micro Account. The smaller the sale
(including postage ) amount the more you will save in Paypal fees.
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| (See below for the break even amounts for Merchant
Accounts.) |
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| Paypal convert your existing account (if you only have one ) to a
Micro payments account and suggest that you open another Paypal account (Macro)
for 'other' sales over £9.50 ; all you need is another unique Bank account
and email address. |
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| You can choose to direct all Paypal payments to your Micro account
but you may incur higher fees on some transactions. |
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| Payments to the value of £9.50 and above directed to a Micro
account will incur higher fees than had they gone to your Macro
account. |
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| When you list an item enter the appropriate Paypal payment email
address (either Micro or Macro ) |
| It can be found on page 4 of the Sell Your Item form (the Payment
& Postage section), or if you're using Turbo Lister the box for the email
address is in the Payment Methods section. |
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| Don't forget it is the total amount of the transaction to include
both the final high bid AND postage. |
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| Guessing which auctions will achieve more than £9.50 is almost
impossible unless you use Buy-It-Now , but as a very rough guide , direct
auctions with a higher postal charge nearing the borderline amount to the Macro
account. |
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| Swings and Roundabouts. Some you win ,some you lose but overall ,if
the majority of your items including postage sell for less than £9.50, you
will save money in Paypal fees by having a Micro Payments
account. |
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| (For those with Merchant Accounts at 1.9% plus the 20p transation
rate then the cut off break-even transaction amount is
£3.99) |
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| Cross Border Sales :- e.g for USA/EU/Au to UK Paypal
account. |
| Any foreign transaction incurs the usual Macro account fee regardless
of value. |
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| email : micropayments@paypal.com (not co.uk)
to request a Micro payments account |
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| The link below refers :- |
https://www.paypal.com/IntegrationCenter/ic_micropayments.html
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