Mind blown when I realized PayPal was double charging me on small payments for 2 years | Tiny Fee Chats - Freelance Forum - The Community for Independent Professionals
Mind blown when I realized PayPal was double charging me on small payments for 2 years
I was adding up my Fiverr earnings for taxes last month and noticed my PayPal fees were way higher than they should be. Turns out I had the 'Receive payments from anyone' option on AND a business account payment fee stacked on top. For my $15 logo gigs I was losing almost $2 each time instead of the $0.50 I thought. What tipped me off was comparing my PayPal transaction history to my Fiverr dashboard side by side. Has anyone else caught a hidden setting like that just eating their profits?
Barbaradavis has a point about not overreacting, but @shane_morgan these fees add up fast. I run a small shop on Etsy and PayPal takes like 3% plus 30 cents every single time. That cuts into profits way more than people realize, especially for low cost items.