Dose paypal allow its users to send very very low payments???????

Dose paypal allow its users to send very very low payments???????


Low payments such a 6cents or 3cents or 1cent(penny)

 

Yesterday I made a 1C payment so yes it does

 

Lol 1cent.. the reciever would get 0% of that ^_^

 

The receiver was even charged a few cents

Sorry couldn't resist.

 

Thankyou you for your replies.....

Dose anybody have any experience with sending or recieving a very very low payment through paypal...please reply..

 

Yes, I actually received a payment for 6 cents one time and paypal kept everything. I recommend only using Paypal for 1.00 or more, otherwise they keep way too much and its not worth it.

 

I would go a bit further and say only really for $2.00 or more, since in some cases paypal will keep more than $1. I have no idea why, but I received a couple of $1 donations before that actually cost me 34 cents! Very random and very weird.

 

What's stopping someone malicious from sending a paypal account thousands of penny payments? If the person receiving them must dish out 35 cents each time...

 

That only occurs in CC payments, and CC payments must be accepted by the reciever.

 

on friday i made a payment of 1 cent

 

Many times i have received payment of 10 cents or less i was not charged . Coz i own a personal account but in premiere account they charge .

 

Been selling digitally-sent items on Ebay for years for $0.01 (helps with the feedback ) daily I get anywhere between 25-50 1 cent payments. Paypal charge a $0.01 fee for each payment processed, so as keenly articulated before .... I get a big fat ZERO.

Why do i do this? It's all about the feedback love...

Sending 1 cent/penny transactions happens a million times a minute 24/7. (I may have exaggerated there).

Best of luck with your transactions.

 

In addition, onlinravi is quite right. Anything above a Personal account and they charge a processing fee.

My rule for you - keep it personal.

 

0.1 cent if sent to premier account the premium owner gets 0

if u send 0.15 then premium owner gets 0.05

if u send to personnel account then full payment will be received!


HOPE IT clears all doubts!

 

@landofsmiles lol ya paypal and ebay are same company!
you are making papal richer!

after 5 feedabck ebay requires premium paypal account [thats so cheap of ebay]

 

I wish the world could veto Paypal, but the truth is they are IMO the best at their game at the moment and the alternatives are crap.

 

I received a 1cent payment for account validation once, so it should work!

 

Do you have a shop? Because with 20-30 cent listing fees coupled in, it buying feedback must take a toll on your wallet.

 

Last time Paypal did have a Micropayments option for paypal to paypal funds transfer and that the transaction is from the same country, US to US and UK to UK. They charge a 5% + 5cents for it but now I do not see that option available anymore.

http://www.shareholder.com/paypal/releaseDetail.cfm?ReleaseID=171765

 

Good point, thats hilarious.

Sounds like a glitch. Aren't they supposed to only take 3%?