i am from india is there any monthly charges we pay for paypal acc ?

Discussion in 'PayPal' started by ayushi infotech, Mar 29, 2011.

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  1. #1
    i am from india is there any monthly charges we pay for paypal acc and how much one transaction fees i am new to paypal?
     
    ayushi infotech, Mar 29, 2011 IP
  2. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #2
    There is no any monthly charges one needs to pay but one needs to pay transaction fee for receiving money and in some cases for withdrawing money. Check their help section for more info on that.

    DON.
     
    deluxdon, Mar 29, 2011 IP
  3. ayushi infotech

    ayushi infotech Peon

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    #3
    thanks for your nice information
     
    ayushi infotech, Mar 29, 2011 IP
  4. bismarck1000

    bismarck1000 Peon

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    #4
    Hi, There is no monthly charges as such to have a PayPal account.Charges are applicable for receiving and withdrawing money.
     
    bismarck1000, Mar 29, 2011 IP
  5. ayushi infotech

    ayushi infotech Peon

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    #5
    k thanks bismarck how much money i should maintain
     
    ayushi infotech, Mar 29, 2011 IP
  6. pratik

    pratik Notable Member

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    #6
    You are not required to maintain any minimum payment in your PayPal account.
     
    pratik, Mar 29, 2011 IP
    Digital_shubhi likes this.
  7. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #7
    You can keep as much as you want.

    DON.
     
    deluxdon, Mar 29, 2011 IP
  8. Digital_shubhi

    Digital_shubhi Illustrious Member

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    #8
    Its not a bank account like you open one in India that you will need to maintain balance there. :D

    You will have to only pay Rs.50 as a charge when you withdraw money less than Rs.7000. And if you withdraw more than Rs.7K then its free.
     
    Digital_shubhi, Mar 29, 2011 IP
  9. renatasoares

    renatasoares Peon

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    #9
    There is no monthly fees for paypal but they have transaction charge upto a certain amount of rupees.

    For more information visit here : http://bit.ly/ehoh1X
     
    renatasoares, Mar 29, 2011 IP
  10. karthimx

    karthimx Prominent Member

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    #10
    No monthly fees

    No fees for sending payment

    3.5% +$0.3 apply for receiving funds

    50INR apply for withdraw below 6999INR.
     
    karthimx, Mar 29, 2011 IP
  11. manojcricfan

    manojcricfan Peon

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    #11
    Nope. There are no Monthly charges. Only Transaction fees are involved.
     
    manojcricfan, Mar 29, 2011 IP
  12. shahilroyhere

    shahilroyhere Well-Known Member

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    #12
    Actually the receiving charges are from 2.5% + $0.3 to 3.9% + $0.3.
    PayPal is soon going to eliminate the Rs.50 charges to withdraw money less than Rs.6999 :).


     
    shahilroyhere, Apr 1, 2011 IP