Does anyone know what happens if you send less than 35c thru paypal? Since the charge is something like 35c what would happen?
You can send 1 cent without problem But.If you send less than 50cents and if receiver is unverified than he will not get a single cent.
Personal acccounts can recieve these small cents without fees but what if some one sends 50 cents to my premier account.
As a Sender/Customer, you can send any amount of money no matter how low it is without being rejected. However, if you receive money which are less than the fees levied on the transaction, you get nothing. It does not matter whether you are verified or not. I believe with 50cents, you still get 18 cents. See below. (Results taken from http://www.ppcalc.com , assuming funds transferred is US$ and that receipient is from India) 0.50 USD 0.50 USD = 0.50 USD (1 USD = 1.00000 USD) - 0.00 USD (2.5% Currency Conversion Fee) - 0.02 USD (3.9% PayPal transaction fee) - 0.30 USD (PayPal fixed fee) = 0.32 USD (PayPal Fees) = 0.18 USD (Amount Received)