Paypal charged me 41% as a fee for receiving payments!!!please i need advice
By sudarsan7532
@sudarsan7532 (206)
India
January 4, 2009 3:26am CST
Today a website sent me payment of 0.80$ but paypal charged me a processing fee of 0.33$ ..so the net amount I got is 0.47$.....which means guys paypal has charged me a fee of 41% of the total payment i had received. I have an unverified premier account in paypal.....but I have heard form another paypal users that paypal charges only 5%...I don't know what is wrong please help me.
See my transaction details
3 people like this
11 responses
@pratiksanghvi (1278)
• India
4 Jan 09
i think the sites from which you requested cashut has taken out your money it is there in some site once i joined asite which said payout at 2$ it had also mentioned that if u cashout bfore 5$ ur 0.50$ will be deducted as transaction fees just check the faq or tos of your site u may get your answer.if still i a mwrong then check ur paypal account there will be the transaction deatils and everything will be told to you.just dont panic and dont worry you will not become poor if you lose that m,uch cash i understand its hard earned but its ok just think abt it.happy mylotting
@sudarsan7532 (206)
• India
4 Jan 09
No friend the website does not charge any fees I asked the admin of that website. Only paypal has charged me.
@KrauseHome (36448)
• United States
5 Jan 09
Wow!! This is a lot taken out for such a small amount of $$. Could be the site themselves that paypal has to charge a Big amount for, or could be the Country you are from, but I have never experienced this type of thing myself so I am not sure what it is. Maybe what you could do is Contact paypal and see if they have an answer for you as to this, or verify your account and see if this continues to happen each time you get paid from this site.
@lingli_78 (12822)
• Australia
4 Jan 09
the only thing i can think about is may be because you have a premium account with paypal... i never been charged with a fee at all because i have a personal account with paypal... the only thing i think you can do is to contact the admin and ask them to switch your account to personal if you can... good luck... take care and have a nice day...
@irisheyes (4370)
• United States
4 Jan 09
Paypal probably has a minimum charge and unfortunately, in this case, it was close to half the payout. Maybe you could have the website that made the payout hold your payments until they reach a higher amount. Is that possible?
Come to think of it, I receive several very small payouts from AC from time to time. They are so piddling that I never even bothered to check if Paypal was charging me a fee. Next time I will.
@healer (1779)
• India
4 Jan 09
OMG! thats not fair on their part, i am also using paypal and till today they have not charged any charges from receiving payments from sites. So, i think its a new condition in paypal to charge certain amount for receiving payments. It may depend also from the place also, i am from India and they don't charge anything for receiving payments from different sites. You better contact the support team in paypal. Sorry to hear that and wishing you good luck.
@mysticmaggie (2498)
• United States
4 Jan 09
Go to http://www.paypal.com/cgi-bin/webscr?cmd=_display-fees-outside and it will show you a list of fees charged by PayPal.
It may be that with the small amount, to make it profitable, they had to charge a larger amount.
I hope this helps you.
Maggie
@gemini_rose (16264)
•
4 Jan 09
I got charged by paypal for receiving a payment too, I was really cross about it. There was nothing I could do though, I had to agree to the charge before they would let me have my payment so I was stuck whatever I did. Paypal can be a bit naughty with the things they charge on, I mean they make loads of money with the system they have, gets me why they have to be greedy.
@sirrob (4108)
• Philippines
4 Jan 09
Paypal will charge you a certain amount if the site that sends you money is outside the US. This has been my experience with sites that are not US based. Does the site that paid you outside the USA? So, it would be wise to just request payment when you have higher amount or just simply join those sites that's outside the US.
@marina321 (4556)
•
4 Jan 09
Wow, that was a rather small amount you requested. PayPal charges you a fee for small amounts below a certain limit e.g It is £50 here, so we'd be charged a certain amount for withdrawing below that...
I normally wait till I reach £50 before making a withdrawal and have only made one withdrawal of £115 so far and was not charged any fees...
Check the fees on your account
@insulin (2479)
• Philippines
4 Jan 09
I am verified premier account holder of the paypal and yeah they do get fee's but just a little.Did you read the terms a condition of that site?because maybe they are not liable with the taxes of it.Try to read it and the policy of what are the rules about there payment system.
@saichandtalluri (1486)
• India
4 Jan 09
oh i was really shocked to know that paypal has charged such a high amount as processing fee. I think paypal only charges 5% as the processing fee i think something has gone wrong send a mail to the administrator of paypal and ask them to look in to the matter and they will give to the correct reason