PowerSellersForum.com Blog

When buyers see PayPal Buyer Protection on your eBay listings, they’ll feel more secure - and place more bids - knowing that their purchases are covered.

To increase your Buyer Protection to £500, you need to verify your paypal account, then link it to your eBay Selling ID.

For the first step to becoming Verified, you must add and your bank account and set up Direct Debit. For Premier and Business accounts only, you will need to complete Supplemental Merchant Information

To become Verified, log in to your PayPal account and click the Unverified link in the Activate Account box on your Account Overview page.

To add your eBay ID’s (up to 8 ID’s can be attached to one paypal account)

Click the My Account tab.
Click the Profile subtab.
Click Auctions located in the Selling Preferences column.
Click Add
Enter your eBay User ID and password.
Click Add

Finally, to ensure the full Buyer protection level is displayed on all listings,

Click the Profile tab
Click Auctions - under the Selling Preferences column
Select the logos you wish to amend by clicking the on/off link

The standard rates are -

Monthly Sales - Transaction Fee
£0.00 GBP-£1,500.00  3.4% + £0.20
£1,500.01 GBP-£6,000.00 2.9% + £0.20
£6,000.01 GBP-£15,000.00 2.4% + £0.20
£15,000.01 GBP-£55,000.00 1.9% + £0.20
above £55,000.00 1.4% + £0.20

You have to initially apply for reduced rates, but if you then drop below the threshold, the rates will increase. Application is a one-time occurance, if you subsequently increase sales, the rate will automatically drop again.

Login to Paypal > Select Merchant Services from top menu > Select Transaction Fees from the left hand box titled Resources > Under the table of rates is a section marked “How is Eligibility for Merchant Rates determined?”; click the link to check the “Merchant Rate Criteria” > At the bottom of the page is a link to Apply Now.