Paypal: is it possible to upgrade your account not to pay the fees?

@wmaths (563)
Italy
January 4, 2012 6:28am CST
As you know paypal is one of the most important ways to send or receive payments in real time, with the use of your email. In this way, for example, you can buy or sell things on ebay and receive or send the amount immediately, so that the expedition of the product purchased or sold will leave before. In other cases you should wait for the seller receives his money. Anyway we have to pay this service. Every time you send a payment you don't have to pay a fee. Instead, if you receive a payment, you have to pay it. My question is: is it possible to upgrade your paypal account with the aim of avoiding the fees for each transaction? thanks for answering!
1 person likes this
4 responses
SpikeTheLobster
@SpikeTheLobster (6403)
•
4 Jan 12
Simple answer: no. Paypal charges for transactions because that's what they do for a living. Without those charges, the business ceases to exist.
Paolo88
@wmaths (563)
• Italy
4 Jan 12
yes, i know, but they could have an upgrade account you can pay for. For example, i pay 10 dollars per month / year /day to upgrade my paypal account, and they let me receive the payments without the fees, thanks to the upgrade i've done...
SpikeTheLobster
@SpikeTheLobster (6403)
•
4 Jan 12
Unlikely, since they dominate the payment processing niche: they don't need to offer freebies because they don't have any noticeable competition.
Paolo88
@wmaths (563)
• Italy
4 Jan 12
so they have the monopolization, monopole, how is it written? it sounds very bad for me eheheh
1 person likes this
Mashnn
@Mashnn (4501)
•
5 Jan 12
I haven't heard of any services like this from Paypal. I guess they earn from the little fee that people pay.
Paolo88
@wmaths (563)
• Italy
5 Jan 12
dupremo, it's true. it is not a direct payment of a fee to paypal. it is indirect, but it is always a fee :)
Paolo88
@wmaths (563)
• Italy
8 Jan 12
if you receive a payment from paypal, do you have to pay fees?
Mashnn
@Mashnn (4501)
•
7 Jan 12
I think only those who don't pay directly are those who receives money only but if you buy and receive, I think you are charged some fee.
Nezavisima Deskata
@nezavisima (7408)
• Bulgaria
4 Jan 12
very interesting question but honestly do not know. However, if done by a relief for us. but I definitely think that the answer is no. And you know why I think so because they have no profit from us. otherwise there will not be there. nice day!
Paolo88
@wmaths (563)
• Italy
4 Jan 12
yes, the only profit of paypal comes from the fees of each transaction! have a nice day!
Olleenz
@Olleenz (3398)
• Indonesia
4 Jan 12
You talking about business here, nothing is free You can reduce your payment fee but you can't avoid it. In paypal, the lowest fee is in personal account. If your account still in premier or business, you can change it easily (but you only can do it 1 time). Just follow their instruction. Happy lotters.
Paolo88
@wmaths (563)
• Italy
4 Jan 12
ok! but do they want to be paid periodically for your upgrade? and how much can be reduced those fees?
Paolo88
@wmaths (563)
• Italy
5 Jan 12
i investigated and i discovered that they attuate smaller fees for the business account, that you can reach only if you receive more than 2500 euros per month, that is not my case....
Olleenz
@Olleenz (3398)
• Indonesia
5 Jan 12
As long as I concern, Paypal never asked fee for upgrading membership (their income not come that way). For your next question, I think you should investigate yourself in paypal website (I don't have time for that).