How to reduce the paypal fees ?

Discussion in 'PayPal' started by ramankumar, Jan 30, 2010.

  1. #1
    Hi, can anyone please tell me how to reduce paypal fees, I am paying near about 5-8% of my income as paypal fees.

    I am having a premier account.
    Suggest please

    Thanks
     
    ramankumar, Jan 30, 2010 IP
  2. samser_m

    samser_m Well-Known Member

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    #2
    I updated to premier but later emailed to PayPal and said that I would use my account for accepting payment from freelancing sites. And they downgraded to personal again without asking anything. And informed that next time if I upgrade then can not downgrade later. If you are in similar situation you may ask them to downgrade although if your transactions are huge then can't suggest.
     
    samser_m, Jan 30, 2010 IP
  3. ramankumar

    ramankumar Peon

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    #3
    No, actually, I use my paypal account for getting payments for my products like on eBay, still is there any other option to reduce the fees ?
     
    ramankumar, Jan 30, 2010 IP
  4. hhsaus

    hhsaus Active Member

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    #4
    We would all like to know that, but it doesn't seem possible. PayPal wants to get as much out of you as possible. And if you sell on eBay you pretty much have no choice.

    Increase your prices if you can. Yes paypal will end up getting even more money, but so will you.
     
    hhsaus, Jan 30, 2010 IP
  5. Moses8595

    Moses8595 Peon

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    #5
    I don't think so,,There Aren't No Such Thing as Free Lunch
     
    Moses8595, Jan 30, 2010 IP
  6. omarabid

    omarabid Well-Known Member

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    #6
    get a payoneer card! they charge around 3%
     
    omarabid, Jan 30, 2010 IP
  7. FrozenVomit

    FrozenVomit Peon

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    #7
    You can tell the people who send you the money to make an echeck. It takes a few days to process but its always a 5$ fee.
     
    FrozenVomit, Jan 30, 2010 IP