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Old 06-10-2012
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Default 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?
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Old 06-10-2012
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Originally Posted by BubbleTea View Post
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.
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Old 06-10-2012
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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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