Paypal help
By bumba1988
@bumba1988 (1220)
India
July 3, 2009 7:45am CST
I have a personal account in paypal and I have received a lot of payments in my paypal account.Paypal never charged any fees for receiving any payment.But,the last time when I received one payment I was shocked to see that paypal charged me 39 cents as fees.The fee may be less but still I want to know the reason of taking some fee.Can anyone tell me what is the reason that they are talking this fees from me?
4 responses
@zhorak (491)
• Turkey
3 Jul 09
Have you promoted to Business account? I know that personal accounts doeasn't have any fee for recieving or sending money between paypal accounts. But if your account is business type, then there is a fee something like $0.25 + %x (I don't know the amount)
I hope it helps. Happy MyLotting
1 person likes this
@bumba1988 (1220)
• India
3 Jul 09
Hi zhorak,thanks for your response to this discussion.Well,I have a personal account and I have not promoted to business account,so it is quite strange to me that they are suddenly charging me some fees.Anyway,thanks for your input.
@bumba1988 (1220)
• India
3 Jul 09
Hi prajnith,can you tell me if they are charging for some transactions only or they are charging for every single payment now?
@bumba1988 (1220)
• India
4 Jul 09
Hi prajnith,really thanks a lot for the link.I checked it out,maybe the sender of the money is sending money from a credit card.You know I send 1$ to a friend of mine and he received 1$ and no fees were charged.He then refunded the money to my account and I received back 1$ without any fees charged.
1 person likes this
@prajnith (941)
• India
3 Jul 09
Yes, between 1.9% to 2.9% + .30 per transaction
they charge a fee for processing the request for funds and the depositing of them into your account. that's two fees.
For More details visit
http://www.paypal.com/cgi-bin/webscr?cmd=_display-receiving-fees-outside
@bumba1988 (1220)
• India
3 Jul 09
Hi Nir360,thanks for responding to this discussion and helping me out.Well,I am not verified in paypal.Maybe that is a reason.Otherwise,some are saying that paypal occasionally takes some fee from the users as it is not entirely free service.I hope they do not take much as fees.
@angelicdoll (186)
• Philippines
3 Jul 09
I do not know a lot about paypal things. But as I heard from other people who uses paypal, it sometimes does charge a few cents for the transaction made.
@bumba1988 (1220)
• India
3 Jul 09
Hi angelicdoll,thanks for your response.May be this fees taken were exception and will not be a constant factor.