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Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • #59937
    Cameron
    Participant

    I am aware that if I have instant payment setup through PayPal then the customer sees two separate payments at checkout. One for the vendor and the other a commission to the website. If I choose to do scheduled pay or manual then it only shows one recipient at checkout. This is how it should be.

    My question is- If I choose to do scheduled pay, which means I am receiving the entire payment, keeping a small commission and then distributing the rest to the vendor, am I charged the 2.9% PayPal fee on the entire amount? Or am I just charged for the amount of commission I keep and then the vendor charged 2.9% for the amount they receive?

    Thank you!

    #59950
    Anna
    Member

    Hello,
    You will be charged for the full amount, I believe. The Vendors will likely also be charged for the amount they receive.

    #59977
    Cameron
    Participant

    So if instead I have instant pay enabled which has the customer send two payments when checking out (one to the vendor and one to the website) would I incur a PayPal fee of the full amount? Or just a fee on the commission that I am receiving?

    #59993
    Anna
    Member

    Cameron,
    You’d incur a paypal fee for the amount you received to your paypal account only (your commission amount), in this case.

Viewing 4 posts - 1 through 4 (of 4 total)
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