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What will be the paypal fees for recieved money =$0.10 ( ten cents )

Discussion in 'PayPal' started by psharma, Aug 21, 2010.

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  1. #1
    I read the fees rules of paypal and they stated it as:
    2.9% to 3.9% + $0.30

    Now would it mean that 10 cents can actually never be received via paypal ?
    If it is so what happens to 1 cent payments for trail offers ( remember hostgator 1 cent hosting or other similar trial offers )
    I have not tried it, but if the receiving person recieves the 1 cent correctly. isn't it an adjustment in the fees formula ?

    What do you think will be paypal fees for a transaction of 10 cents?
     
    psharma, Aug 21, 2010 IP
  2. Moses8595

    Moses8595 Peon

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    #2
    I think it depends one your Country.As long as you are not from India,Then you can send the money as "gifts"
     
    Moses8595, Aug 21, 2010 IP
  3. trimwell22

    trimwell22 Peon

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    #3
    They will take it as fees if its not a gift payment so dont get so much less amount by paypal
     
    trimwell22, Aug 21, 2010 IP
  4. RightMan

    RightMan Notable Member

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    #4
    Though I have never received such amount myself, to have any first hand experience... but I guess, the entire amount would be consumed as fees and the receiver would not get any credit in his account! :eek:

    Regards,

    RightMan
     
    RightMan, Aug 21, 2010 IP
  5. psharma

    psharma Prominent Member

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    #5
    Yes, The mathematics says that, but what do they recieve when they sell it for $0.01 ( A lot of sellers provide first month as trial for $0.01 ) this is my question.
     
    psharma, Aug 21, 2010 IP
  6. Earn Easy

    Earn Easy Active Member

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    #6
    it cost 0.01
     
    Earn Easy, Aug 21, 2010 IP
  7. psharma

    psharma Prominent Member

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    #7
    Despite the formula 2.9% to 3.9% + $0.30 ?? I need a confirmed answer, possibly with an official paypal rule supporting the fact.
     
    psharma, Aug 22, 2010 IP
  8. Moses8595

    Moses8595 Peon

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    #8
    Then I am sure he still use paypal personal account
     
    Moses8595, Aug 22, 2010 IP
  9. psharma

    psharma Prominent Member

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    #9
    Do you think Hostgator, Simplyhosting and other hosting websites have personal started account ?
     
    psharma, Aug 22, 2010 IP
  10. nitinleew

    nitinleew Well-Known Member

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    #10
    I think that's not reasonable.I think you can give paypal a ring :)
     
    nitinleew, Aug 23, 2010 IP
    psharma likes this.
  11. idiosyncratic1

    idiosyncratic1 Greenhorn

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    #11
    May be 4% only that makes I think $.09 receiving
     
    Last edited: Aug 23, 2010
    idiosyncratic1, Aug 23, 2010 IP
  12. extremephp

    extremephp Peon

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    #12
    From My Experience of before 2 years, A Friend Tried Donating me from my Site Donate Button, and the amount was .01$.

    So what happened is, the payment was not automatically accepted! It was set into Pending. And I had to manually accept it! The transaction details shows that fee is .01$ and thus the Amount =0.00$

    It was worth a try! Atleast, due to that, i could explain this to you!

    ~ExP~
     
    extremephp, Aug 25, 2010 IP
  13. tepid

    tepid Peon

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    #13
    Busienss purpose transactions cannot be marked as gifts(such as originating form a website), and thus anything less than $0.30 would give 0!
     
    tepid, Aug 26, 2010 IP