How to reduce transaction fees in paypal??

Discussion in 'PayPal' started by shek, Nov 23, 2009.

  1. #1
    I've requested an amount of $15 from one of my client through request payment in paypal..
    and while requesting I selected "services" for requesting amount...

    Now the problem is,
    when I received amount from my client, paypal took away $1.1 as transaction fees :(

    Is there a way to reduce this transaction fees ??
     
    shek, Nov 23, 2009 IP
  2. Moses8595

    Moses8595 Peon

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    #2
    Just ask your buyer to send the money as "gift"/"others"
     
    Moses8595, Nov 23, 2009 IP
  3. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #3
    But is that safe to use that all the time ??

    DON.
     
    deluxdon, Nov 23, 2009 IP
  4. Moses8595

    Moses8595 Peon

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    #4
    No, you can not.....If you overdo it,paypal will limited your account.
     
    Moses8595, Nov 23, 2009 IP
  5. mentos

    mentos Prominent Member

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    #5
    I would suggest you use mass pay
    Competitive pricing
    A low fee of 2.0% of the payment amount with a cap of $1.00 USD (or its equivalent in the payment currency) is assessed on each payment made with Mass Payment.
     
    mentos, Nov 23, 2009 IP
  6. radhika.writer

    radhika.writer Well-Known Member

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    #6
    Are there any specific numbers how much we can do? And if there are, is there any difference between receiving money in personal account and premier account?

    Regards
     
    radhika.writer, Nov 24, 2009 IP
  7. shek

    shek Well-Known Member

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    #7
    Buddy I can't do that..
    As my client says that he is busy so I should request money through paypal..
    so that whenever he checks his mail/paypal he will pay me :)

    any other way ?
     
    shek, Nov 24, 2009 IP
  8. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #8
    If your client is busy then there is no any other choice left for you IMO. Just increase your price little bit to cover up transaction fees.

    DON.
     
    deluxdon, Nov 24, 2009 IP
  9. Lulu

    Lulu Peon

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    #9
    i dont know why but the Gift option doesnt appear in my account. So i always use the Personal and other option
     
    Lulu, Nov 24, 2009 IP
  10. shek

    shek Well-Known Member

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    #10
    this is a good idea...
    will try to implement it :)

    Thank you all of you for your support...
     
    shek, Nov 24, 2009 IP
  11. prettybomb2008

    prettybomb2008 Peon

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    #11
    You can asked your client to pay you either in personal payment or perhaps to send the money through gifts so you will received no fees in it
     
    prettybomb2008, Nov 24, 2009 IP
  12. kuzmanin

    kuzmanin Peon

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    #12
    just fix your price at 22 $ and your client will pay the tax. You will receive 20 $ instead of 18.9
     
    kuzmanin, Nov 24, 2009 IP
  13. Moses8595

    Moses8595 Peon

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    #13
    There is no different between personal account and premier account(same fees)
     
    Moses8595, Nov 24, 2009 IP
  14. Western

    Western Well-Known Member

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    #14
    use MassPay
    ask your seller to pay 1$ fewer
     
    Western, Nov 24, 2009 IP
  15. Feizar

    Feizar Prominent Member

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    #15
    Mass pay should only be used for payments in XXX $ amount, because if paypal suspect and check then it will lead to limitation of both buyer and seller accounts
     
    Feizar, Nov 24, 2009 IP
  16. aloneinhome

    aloneinhome Peon

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    #16
    Agree with this :)
     
    aloneinhome, Nov 27, 2009 IP