How much fees for penny auction?

BubbleTea · #1 06-10-2012

If I were to sell an item for $0.01, how much in fees would Paypal take from me?

lellywang · #2 06-10-2012

Quote:

Originally Posted by BubbleTea

If I were to sell an item for $0.01, how much in fees would Paypal take from me?

They would definitely not take more than 0.01 so it wouldn't matter.

Elijah · #3 06-10-2012

It depends on your country's fee system, but regardless I can say that for such a low amount you will not get anything. In the UK, the fee is 3.4% plus £0.20, which means that anything £0.21 or unders will just be consumed by the fees, and you will be left with nothing to show for it.