If you are using PayPal for your business, you still are going to be charged fees. - There are still fees if it's a business transaction (goods or services) rather than a personal transaction. - There are fees for "cross border payments" from another country - There are still fees if the money for the personal transaction is from a debit or credit card If you try and cheat, they can cancel your account.
Wow...this indeed is a good news.....but I doubt if more people would be ready to classify sending the money as family or friendly transaction rather than a business one! It would also bring an end to this problem of frequent charge backs if people oblige to your request. How would it be possible to create charge back on an internal/friendly transfers! Regards, RightMan
This is very true. If you are using Paypal for business you will get caught. If Paypal sees that your making 10 transactions a day under a Personal Account. They will stop the account. They are not stupid. They know the average person doesn't make a lot of transactions a day.
If the receiver's paypal account is Premier instead of Personal, will it qualify for this no-fee policy? Would be happy to know.