£5000 over 9 years overpaid to PayPal

2/11/2012 at 00:42

Last week we received an email at Tamebay HQ from a retailer claiming that PayPal had been overcharging them for nine years to the tune of some £5000 or so.

It would appear that its true, although "PayPal overcharging" might arguably be described as "oversight" on the part of the retailer. When you sign up to PayPal youll be on their standard rate for receiving payments for goods and services which is is 3.4% (plus 20p per transaction).

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