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How much paypal charges you for any transaction?

Discussion in 'PayPal' started by gabbar77, Jun 14, 2008.

  1. #1
    Everytime I gets money paypal deducts it's fees from it,i knew that,but everytime the percent is different.
    Like for $50,it charged $2.5 comes to be nearly 5%,but when I got $270 it charged $18 which comes to be nearly 6.66%.
    Plz tell what percentage does paypal charges as fees while any transaction.
     
    gabbar77, Jun 14, 2008 IP
  2. lostnucleus

    lostnucleus Member

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    #2
    its depends on which plan you use , and by which source you are getting money from , .30 + .33 percent .
     
    lostnucleus, Jun 14, 2008 IP
  3. jamesterror

    jamesterror Guest

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    #3
    jamesterror, Jun 14, 2008 IP
  4. mentos

    mentos Prominent Member

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    #4
    Why don't you use personal account?
    0% charge
     
    mentos, Jun 14, 2008 IP
  5. gabbar77

    gabbar77 Peon

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    #5

    can I change my account now?(I already have a verified premeier account)
    are there any limitations for the personal account?
     
    gabbar77, Jun 15, 2008 IP
  6. eddy2099

    eddy2099 Peon

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    #6
    Yes, there are limitations to a personal account. Firstly, you are not allowed to use it for business purposes, meaning that you cannot use it to receive money from selling anything or providing a service.

    Secondly, a personal account can only receive money free of charge if the other party is sending you from an existing paypal balance. If they send you through a credit card, you will buy a much higher service charge and be restricted to 5 such transactions a year.

    Remember that only other sellers from the 40 out of the 190 countries can receive paypal funds and probably a smaller pool of sellers who actually keep paypal balances so you be seriously restricting your market base to a small pool of customers. (that is assuming you ignore the fact that a personal account cannot be used for making money with).

    If you use the personal account to receive money for sales, paypal can get suspicious and may limit your account.
     
    eddy2099, Jun 15, 2008 IP
  7. gabbar77

    gabbar77 Peon

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    #7
    premier is good then
     
    gabbar77, Jun 16, 2008 IP
  8. WebmasterTL

    WebmasterTL Banned

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    #8
    Emm.. I always thought ranging around 3%..
     
    WebmasterTL, Jun 16, 2008 IP
  9. SystemicSoft

    SystemicSoft Well-Known Member

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    #9
    Is there any option to upgrade your Paypal account?
    Like: Personal to Premium
    or Premium to Business
     
    SystemicSoft, Jul 2, 2011 IP
  10. jackstrand

    jackstrand Peon

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    #10
    Systemic might be right. Fees may vary based on what account you are using. Why not refer to the fees table of paypal so you can check any difference.
     
    jackstrand, Jul 6, 2011 IP
  11. unknownpray

    unknownpray Active Member

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    #11
    It depends on the amount , for us here when we withdraw more than 600$ from paypal there is no carge for that , less than that means we have to paya bit charge i mean for a non verified account.
     
    unknownpray, Jul 20, 2011 IP
  12. gabbar77

    gabbar77 Peon

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    #12
    I am not talking about withdrawing money, It charge me none for withdrawals above INR 7000....I am talking about when we receive money.
     
    gabbar77, Jul 21, 2011 IP
  13. charby

    charby Peon

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    #13
    With all due respect your information is incorrect. I have just a personal paypal acct and I am allowed to accept payments from goods I'm selling the same as a premier member. The only difference is the amount of cash I'm allowed to send to my bank acct $500 per month although I have unlimited access to spend from my balance to anyone or for unlimited online purchases. I can accept unlimited instant payments from any country as well. Always a good idea to check your info before advising other's.
     
    charby, Jun 11, 2012 IP