Just wanted to let everyone know, I recently learned that PayPal is charging 3.49% (on total, including any taxes invoiced as well as shipping which makes no sense at all to me) + $0.49 on each transaction. I will be including these fees in the buyers invoice as I cannot eat them with my low margins. I also will not be including CA sales tax (7.75% that I report to the state) in the base price for my seeds/scions. So, expect higher invoiced prices on all transactions done through PayPal. I hate doing this and am open to other ways of doing sustainable online sales. Please reach out if you are a veteran seller that can give me some insight.
Broken down:
$10 Item
+7.75% CA Sales Tax
=$10.78
+$5 Shipping (No CA Sales Tax)
=$15.78
+3.49% Overall PayPal Percentage-Based Fee
+$0.49 Flat PayPal Fee
=$16.33 Final Invoiced Total