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-   -   How much fees for penny auction? (https://www.aspkin.com/forums/paypal-talk/47326-how-much-fees-penny-auction.html)

BubbleTea 06-10-2012 01:38 AM

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

lellywang 06-10-2012 03:52 AM

Quote:

Originally Posted by BubbleTea (Post 348828)
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 06-10-2012 04:02 AM

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.


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