Hi, I've spent an hour looking over paypal and can't seem to find what their minimum amount is, can I receive 10 cent payments? I know it sound crazy, but there is a method to my maddness. Anywhoo... any insight would be great Thanks EB
Thereis no minimum that I am aware of. If the fees exceed the amount the transaction completes and you get nothing. Personal accounts get no fees. Pemier and business the minimum fee is about 35 cents. And the micro accounts are about 15 cents.
The break-even point is somewhere around $12. If you go over that the micro fees cost more than the premier. You can have both accounts but will need two bank accounts to get it verfied.
Well, I may have to rethink this. I'm after ten cent payments and it's not a scam, I just can't charge more than ten cents or the whole idea fails.
I don't see a minimum either, must be any amount. Just have to look out for those fees.. Regards, Brian
There is no minimum amount to receive money to your Paypal. Even $0.01 will do. But if you're using Premiere or Business account, Paypal fee will wipe away your money if it $0.30 or below.
I think it is called micropayments as another user suggested. It is a special type of account for users who sell low priced goods online. It is not available world wide. Only US, Canada and Great Brritan I think and no $ conversions are allowed.
Yeah not available in India too.....US-US GB-GB Eu-Eu Au-Au https://www.paypal.com/IntegrationCenter/ic_micropayments.html No need of this...to recieve min amts like 10 cents..for dat have a personal pp acc.