SEDO and PayPal fees

webcom · Sep 14, 2006

Do you get charged a fee when you receive PayPal payment from SEDO for domain name sales?

I am asking because I've never been charged a fee when I've received payment from SEDO for domain name sales.. until today when I had a very unpleasant surprise. If I'm paying SEDO a $300 commission for a $3K sale, why on earth should I be charged a fee for receiving the money? SEDO should pay that.

ripley · Sep 14, 2006

I've only done one sedo escrow and PayPal fees weren't deducted. Maybe, like other transactions, it depends on whether or not the buyer paid Sedo with cash or a credit card? Cash = no fees, credit card = fees. Just a thought.

ripley.

webcom · Sep 14, 2006

Yes, I know from a buyer's perspective that when you pay SEDO through PayPal an amount over $500 they ask you to add PayPal fees..

On the other hand, I believe Afternic's escrow fee covers the PayPal fee no matter what..

So why SEDO, why?

I'm looking to hear about your experiences of paying or not paying a fee to receive payment from SEDO for domain name sales through PayPal

ripley · Sep 14, 2006

Mine was a $1k transaction. No paypal fee.

ripley.

ripley · Sep 14, 2006

I should reiterate that I have no idea if that's what's in fact happening, it's just a guess.

ripley.

Charley · Sep 14, 2006

I should reiterate that I have no idea if that's what's in fact happening, it's just a guess.

Glad, you put in a POINT here ..... Anyways I'll keep this in mind and see whether the same happens with Afternic, snapnames , so on .......

Sam · Sep 14, 2006

Im thinking that sedo (such a big company) usually pays off via bank to paypal? So theoretically, you shouldnt be charged paypal fees.

dhscott · Sep 14, 2006

I think they removed paypal fees a month or two ago, i remember reading it in a newsletter. It could have been another newsletter though

duskdawn · Sep 14, 2006

That being said, can we use a personal paypal account to accept sedo payment?

central · Sep 14, 2006

duskdawn said:
That being said, can we use a personal paypal account to accept sedo payment?

FYI I'm using my personal PayPal account to receive Sedo payments.

central

Charley · Sep 15, 2006

FYI I'm using my personal PayPal account to receive Sedo payments.

1. You cannot recieve Credit Card payments if you have a personal a/c

2. How many paypal a/c's do you have ?

central · Sep 15, 2006

Charley said:
1. You cannot recieve Credit Card payments if you have a personal a/c

2. How many paypal a/c's do you have ?

1. That's correct. You can't.

2. 1.

central

Charley · Sep 15, 2006

Central, most sellers prefer CC payments rather than cash ..... In my case 97 % pay through CC and ONLY 3 % pay through cash .... So I have a Premium a/c

SEDO and PayPal fees

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