Minimum amount thru paypal

Discussion in 'PayPal' started by ElectricBanana, Jan 8, 2009.

  1. #1
    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 :D

    Thanks
    EB
     
    ElectricBanana, Jan 8, 2009 IP
  2. Luke Beale

    Luke Beale Peon

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    #2
    You can receive anything I think.
     
    Luke Beale, Jan 8, 2009 IP
  3. Colbyt

    Colbyt Notable Member

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    #3
    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.
     
    Colbyt, Jan 8, 2009 IP
  4. ElectricBanana

    ElectricBanana Well-Known Member

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    #4
    Looks like I need a micro account. Thanks for the information.
     
    ElectricBanana, Jan 8, 2009 IP
  5. Colbyt

    Colbyt Notable Member

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    #5
    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.
     
    Colbyt, Jan 8, 2009 IP
  6. plaloma3d

    plaloma3d Peon

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    #6
    yes
    You can receive anything I think.
     
    plaloma3d, Jan 8, 2009 IP
  7. lukather

    lukather Well-Known Member

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    #7
    i guest there is no minimum. you can reveive any number
     
    lukather, Jan 8, 2009 IP
  8. ElectricBanana

    ElectricBanana Well-Known Member

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    #8
    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.
     
    ElectricBanana, Jan 8, 2009 IP
  9. MagikLair

    MagikLair Guest

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    #9
    I don't see a minimum either, must be any amount. Just have to look out for those fees..
    Regards,
    Brian
     
    MagikLair, Jan 8, 2009 IP
  10. dynashox

    dynashox Premium Member Staff

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    #10
    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.
     
    dynashox, Jan 8, 2009 IP
  11. Zerosleep

    Zerosleep Established User

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    #11
    Whats micro account in Paypal ? that's a new to me :confused:
     
    Zerosleep, Jan 9, 2009 IP
    wisdomtool likes this.
  12. dynashox

    dynashox Premium Member Staff

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    #12
    Maybe he mean Micropayments. :D
     
    dynashox, Jan 9, 2009 IP
  13. cpamethods

    cpamethods Banned

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    #13
    i think the minimum amoutn throught paypal would be 1 cent:)
     
    cpamethods, Jan 9, 2009 IP
  14. Colbyt

    Colbyt Notable Member

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    #14
    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.
     
    Colbyt, Jan 9, 2009 IP
  15. mrinal

    mrinal Peon

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    #15
    mrinal, Jan 10, 2009 IP