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Old 06-16-2012, 06:32 AM
  #38  
Favorite Fabrics
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Join Date: May 2009
Location: Orchard Park, NY (near Buffalo, which is near Niagara Falls)
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Originally Posted by homebody323 View Post
I'de be curious to know if pay pal will be charging you the % rate for the purchase since the money actually reached your account?
A valid question!

When you issue a refund, PayPal does remove that % fee. The only thing they do not remove is the 30-cent fixed fee (which is on every transaction). My guess is that the fixed fee is similar to the "gateway" fee that a merchant incurs for all credit-card transactions. The gateway (commonly Authorize.net or Verisign) is the go-between that communicates between the merchant's account and the customer's account, and it checks to see if there are enough funds to cover the transaction and if so, charges the card .
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