Q. Why do you charge me 1 - 2 gbp for using paypal?
- Created: Monday, 06 February 2006 11:44
- Written by Nick Barrable
A. Paypal charges us 3.4% + 20p per transaction, which is quite a bit for Europe/Overseas, etc. The fee is to recoup some of the losses of using this payment method. This fee they charge is regardless of what type of card you pay.
Cheques however at the moment for us are free to deposit at the bank.
Processing time of either a cheque or online subscription is roughly the same with inputs needed for both in the same way into the DataBase.
To send money without PayPal, use Internet Banking in the UK. If it is a non GBP payment, we recommend using www.Transferwise.com Ask Nick at CompassSport.co.uk for more info and bank numbers.