PayPal Fees

I was wondering if there is anyway to not get charged fees by Paypal when someone sends you money for a sale.

I sold a link for $13, then got charged $0.74 in Paypal fees! It was $0.61 as a Basic Fee & $0.13 for a Cross-Border Fee.

Not sure if user paid via credit card, but could this have been charged because of that???

 

This is normal... not only from CC... any payments you recieve will have a fee.

 

Congrats! I am wondering what links you sold?

 

yes i get a lot of fees myself, specially with low money transaction the fees is a lot bigger! i have upgraded to premier account by mistake, and i have to give the fees for every transaction now!

 

If its really bad, you can close your account and open a new one.... but if you have positive feedbacks on paypal I wouldn't recommend it! I have no idea why they won't let us downgrade...

 

Good thing buyers don't have to pay a fee. To be honest, I've never really noticed the fees or paid attention to them.

 

I learnt to ignore them too but calculate it.. I think I've lost almost 1k to paypal fees (no joke.. conversion and recieving...) scarey stuff..

 

Lol, doesn't some of it go towards some Paypal charity or something? I've heard that somewhere before. Maybe I'm crazy though.

 

the best way to reduce fees is to have buyers send payment through their balance and sell larger orders all at once.

 

I think you can have two accounts, 1 premium and 1 non-premium.

In your dreams.

 

Thats why you should stick with Paypal's Personal Account, Premier Account and Business Account charges lot of fees

 

But some of us just have to upgrade.. I know I had to if you go through a lot of transactions... upgrading is a must. And especially if you're a business, its more professional to have your business's name attached to your account than your full name.. imo

 

yeh i have personal now, with personal u can only accept 6 cc payments from other people per year, i have only had it for a month, already accepted 3, once thats over i will upgrade, premier charge fees for everything
personal only charge fees for direct debit payments, meaning people send u the money straight from there credit card to your paypal, rather than into there account then getting sent.

 

2 accounts is the way to go.

 

I've only got one link in my sig, it's that one.

 

Fees is not charged in a Personal Account BUT to accept the CC payment , you need to have a premier / business account and a fee is charged on these accounts for every transactions .
Also , a person is allowed to have one personal and one premier / business account so use personal account to bypass the fee but accpet CC payments in premier/business account !!

 

Well if you have Free PayPal account than these fees should because of CC payments.

If you have updgraded account than its normal.

 

I do a lot of low value transactions and the fees drive me nuts. Its not so bad on a big payment, because the percentage is quite low, but there's a base charge on top of the percentage, and you really feel that when you're taking lots of smaller payments.

If you rarely take credit card payments could you set up an un-upgraded account and use that most of the time instead?

 

Currency exchanging bothers me the most, they undercut the conversion rate a lot.

 

Well that's business