Paypal charges
By youless
@youless (112621)
Guangzhou, China
June 11, 2009 12:32am CST
In the past when I was a premier member of Paypal, it would charged me some fees since I received money. Then later I decided to downgrade my membership as personal account so that I don't have to pay for the fees. Today since I got USD2, then Paypal charged me USD0.37 and it's expensive. I don't know when they changed their rules. Is it a kind of membership which will not charge fees for Paypal now?
1 person likes this
6 responses
@sanju9t (146)
• India
11 Jun 09
Hi Friend,
You have personal account and in personal account paypal not charge any fee for their service.
if you transfer money from bank to paypal or vice versa than it will be chargable.
if you want to know about this you should go through the term and condition and policy updated in your account.
you will get updated information about your problems.
and if you get some new information please inform.
thanks
@maezee (41988)
• United States
11 Jun 09
I agree with you - PayPal's fees are RIDICULOUSLY high. I think personal & premiere have similar fees - although I've heard that "downgrading" from a premiere to a personal account charges you less fees. There's really no way around PayPal fees - unless you are receiving money from sites that do PayPal "mass pay" or some other type of payment where fees aren't taken from your earnings.
2 people like this
@GardenGerty (161216)
• United States
12 Jun 09
MyLot is mass pay, and we never pay fees for that.
1 person likes this
@GardenGerty (161216)
• United States
12 Jun 09
My experience has been that it depends on who is sending the payment. I do not get charged for MyLot payments, but I do get charged for many others.
1 person likes this
@silverglint (2000)
• Philippines
11 Jun 09
What do you mean? you get charged for the money that you receive to your paypal account or you get charged for the withdrawals that you make? I just recently started using my paypal account (since I joined mylot), and I have no idea how they use to charge before. All I know that there is a charge for every withdrawal that I will make.
@jheLaichie (4438)
• Philippines
14 Jun 09
this caught my eye my friend. well, even if i have already reach my payout here in mylot but still i havent received it. my friend already have here cash, but i still dont have it. anyways, how does paypal work? i am so new with this i was still even so confused. i hope we could all help together and talk about this one. i hope i could see my payment soon too.
thanks friend
jhelai
1 person likes this
@dianmelydia (2269)
• Indonesia
11 Jun 09
Downgrade is not a wise solution. Paypal has micropayment feature. You can activate that feature for your premier or business account. It costs a lower fees. I think paypal feed their employees from the fees too, so we should pay it as long as we use their services. It's fair for both us and them. Micropayment feature is a solution for us who receive small amount of money. Under USD 12, it only will cost us a lower fee. Good luck and have a nice day. Happy mylotting.
