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For People Who Love To Talk About Stamps



What we collect!
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General Philatelic/Gen. Discussion : Automatic Payment - Where's my Postage??

 

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Snick1946
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APS Life Member

08 Jul 2021
11:38:53am
I sold two items total of $450 plus $50 toward postage. I got the $436 and some cents for the items. Nothing else. Buyer paid $500 total, where'd the rest go? Not to some special account for postage payments?
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Webpaper

In loving memory of Carol, my wife for 52 years.

08 Jul 2021
12:29:26pm

Auctions - Approvals
re: Automatic Payment - Where's my Postage??

What site did you sell them on and how did the customer pay ?

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www.hipstamp.com/store/webpaper
Snick1946
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APS Life Member

08 Jul 2021
12:41:26pm
re: Automatic Payment - Where's my Postage??

Sorry left that out.

Sold on Ebay, he paid using a credit card, was charged full $500. Notice today from bank they are crediting me for $436, the $450 less fees. Where's my $50?

This ought to finalize tomorrow so maybe this is premature but with all the ins and outs with Ebay anything's possible.

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roy
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BuckaCover.com - 80,000 covers priced 60c to $1.50 - Easy browsing 500 categories

08 Jul 2021
12:46:39pm
re: Automatic Payment - Where's my Postage??

The fees on a $500 sale (the postage counts as part of the sale) are more than $14.

$436 / $500 = 87.2% or 12.8% fees. Depending on your store status (i.e. what level) that is consistent with 10% final value fee and 2.8% payment management fee -- ebay basically took over the fees Paypal was charging.)

Roy


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"Over 7,000 new covers coming Wednesday March 20. See my homepage for details."

www.Buckacover.com
Snick1946
Members Picture


APS Life Member

08 Jul 2021
01:39:30pm
re: Automatic Payment - Where's my Postage??

So likely that's it.

Glad not to be selling a lot of high end stuff. Good grief.. never paid a lot of attention to this end of things. Next time I'll include postage in my quote and hold out for more. Thanks to all for helping.

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Author/Postings
Members Picture
Snick1946

APS Life Member
08 Jul 2021
11:38:53am

I sold two items total of $450 plus $50 toward postage. I got the $436 and some cents for the items. Nothing else. Buyer paid $500 total, where'd the rest go? Not to some special account for postage payments?

Like
Login to Like
this post
Webpaper

In loving memory of Carol, my wife for 52 years.

08 Jul 2021
12:29:26pm

Auctions - Approvals

re: Automatic Payment - Where's my Postage??

What site did you sell them on and how did the customer pay ?

Like
Login to Like
this post

www.hipstamp.com/sto ...
Members Picture
Snick1946

APS Life Member
08 Jul 2021
12:41:26pm

re: Automatic Payment - Where's my Postage??

Sorry left that out.

Sold on Ebay, he paid using a credit card, was charged full $500. Notice today from bank they are crediting me for $436, the $450 less fees. Where's my $50?

This ought to finalize tomorrow so maybe this is premature but with all the ins and outs with Ebay anything's possible.

Like
Login to Like
this post

BuckaCover.com - 80,000 covers priced 60c to $1.50 - Easy browsing 500 categories
08 Jul 2021
12:46:39pm

re: Automatic Payment - Where's my Postage??

The fees on a $500 sale (the postage counts as part of the sale) are more than $14.

$436 / $500 = 87.2% or 12.8% fees. Depending on your store status (i.e. what level) that is consistent with 10% final value fee and 2.8% payment management fee -- ebay basically took over the fees Paypal was charging.)

Roy


Like
Login to Like
this post

"Over 7,000 new covers coming Wednesday March 20. See my homepage for details."

www.Buckacover.com
Members Picture
Snick1946

APS Life Member
08 Jul 2021
01:39:30pm

re: Automatic Payment - Where's my Postage??

So likely that's it.

Glad not to be selling a lot of high end stuff. Good grief.. never paid a lot of attention to this end of things. Next time I'll include postage in my quote and hold out for more. Thanks to all for helping.

Like
Login to Like
this post
        

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