I own un-verified paypal account. I am new to system please clear my doubts about paypal accounts. 1) does paypal charge you to send your money to another paypal account 2) does it charge to accept money from another paypal account 3) if i verify the account using CC then does it charge me for every trastition thanks
1. No charge for sending money 2. Only if you use the premier/business account or accept payment by credit card on a personal account. 3. Same as two Read the fee schedule to answer all your questions: http://www.paypal.com/cgi-bin/webscr?cmd=_display-fees-outside
Also if you are unverified,...you are limited to 10 transactions max..after which its absolutely necessary to verify your PP account to do any transactions..
They dont charge money for sending to another paypal account. Take a look at the help if you have more questions https://www.paypal.com/cgi-bin/helpweb?cmd=_help
Entirely correct of course, but just to clarify: re:2. You absolutely have to register a premier/business account if you are sending/receiving any volume of money. re:1 Normally the person you are sneding to will therefore have to pay fees to recieve your payment (and in some cases may require you pay/split the fees) An additional point - if you are receiving significatn amounts, make sure to apply for merchant rates asap as paypal won't do it automatically Hope that helps