1. Advertising
    y u no do it?

    Advertising (learn more)

    Advertise virtually anything here, with CPM banner ads, CPM email ads and CPC contextual links. You can target relevant areas of the site and show ads based on geographical location of the user if you wish.

    Starts at just $1 per CPM or $0.10 per CPC.

PayPal: No More Transaction Fees

Discussion in 'PayPal' started by Matt Ellis, Jun 5, 2009.

  1. #1
    Alas, the time has arrived. PayPal have listened to their customers and decided to remove the fees they charge for transactions. But, it could become a controversial decision should users abuse the options they are given.

    Read the rest of the article at: http://blogte.ch/web-internet/paypal-no-more-fees/
    SEMrush
    I think this is great :D
     
    Matt Ellis, Jun 5, 2009 IP
    SEMrush
  2. Blue[{bee}]

    Blue[{bee}] Active Member

    Messages:
    161
    Likes Received:
    4
    Best Answers:
    0
    Trophy Points:
    58
    #2
    Are the transaction fees lifted in the premier paypal a/c's ? I mean to say no fees when we recieve money to our premier paypal a/c from other paypals ?
     
    Blue[{bee}], Jun 5, 2009 IP
  3. Digital_shubhi

    Digital_shubhi Prominent Member

    Messages:
    11,534
    Likes Received:
    759
    Best Answers:
    12
    Trophy Points:
    355
    #3
    ^^^ Ya, is it for premier accounts?? :rolleyes:
    If yes then it would be good for us. :)

    - Digital -
     
    Digital_shubhi, Jun 5, 2009 IP
  4. jezzz

    jezzz Notable Member

    Messages:
    4,886
    Likes Received:
    190
    Best Answers:
    0
    Trophy Points:
    200
    #4
    Wow! Thats great news... but after reading whole article i noticed that they had added extra feature in their system that Send to Friend!

    I think this service is available! to all PayPal Users :)
     
    jezzz, Jun 5, 2009 IP
    AaRGeE likes this.
  5. Matt Ellis

    Matt Ellis Peon

    Messages:
    277
    Likes Received:
    6
    Best Answers:
    0
    Trophy Points:
    0
    #5
    Have a look on Send Money, if there is a personal tab, then you have no fees through there. :)
     
    Matt Ellis, Jun 5, 2009 IP
  6. Bohra

    Bohra Prominent Member

    Messages:
    12,579
    Likes Received:
    537
    Best Answers:
    0
    Trophy Points:
    310
    #6
    In a payment i got today fees were cut i have premier account
     
    Bohra, Jun 5, 2009 IP
  7. NeoGen

    NeoGen Writer

    Messages:
    2,304
    Likes Received:
    301
    Best Answers:
    0
    Trophy Points:
    230
    #7
    Its not a good news:

    Therefore, if paypal discovers that you were selling and marking payment as personal, they may suspend your account.

    Also, personal account holders are also required to pay the fee, if it's a commercial transaction or a cross border transaction.

    revised paypal fee

    :confused::(
     
    NeoGen, Jun 5, 2009 IP
    AaRGeE, sainshea and RightMan like this.
  8. AzureHaze

    AzureHaze Peon

    Messages:
    171
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    0
    #8
    Yeap not a good news to all personal account holders, guess it's another "good reason" for us to upgrade to premier/business account.

    Also, in the fee policy 4.1, PP says that personal account can only receive up to 500 bucks a month if senders make payments for good purchase/services/etc, is that for real?

     
    AzureHaze, Jun 6, 2009 IP
  9. RightMan

    RightMan Notable Member

    Messages:
    8,298
    Likes Received:
    450
    Best Answers:
    0
    Trophy Points:
    205
    #9
    Apart from paypal taking actions against your classifying commercial transactions as friendly, I doubt very much if your buyer would readily agree to pay you under this segment as it might rob him of any charge backs in the future...if the two of you are dealing for the first time! :rolleyes:

    I think the risk of getting completely robbed off receiving personal payment facility would be daunting for anybody to take such a risk, unless of course the concerned two parties are very familiar with each other! :)

    Regards,

    RightMan
     
    RightMan, Jun 6, 2009 IP
  10. ddfosolid

    ddfosolid Guest

    Messages:
    45
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #10
    I mean it really doesnt resolve the ebay sellers fee problems, their still the same, when an ebay seller sells an item, they will be taken through checkout and by paying through here which about 99% of ebay buyers do, a fee will be taken out of the sellers payment. So really i dont see the good in it for Ebay sellers :(
     
    ddfosolid, Jun 6, 2009 IP
  11. williamsweb

    williamsweb Active Member

    Messages:
    2,016
    Likes Received:
    26
    Best Answers:
    0
    Trophy Points:
    75
    #11
    can we ask personal payments for freelancing works?
    how will they catch? :D
     
    williamsweb, Jun 6, 2009 IP
  12. RightMan

    RightMan Notable Member

    Messages:
    8,298
    Likes Received:
    450
    Best Answers:
    0
    Trophy Points:
    205
    #12
    It does look impossible for them to catch on the face of it, but you need to have fully trustworthy buyer and not too many payments coming in, with all marked as personal! :rolleyes:

    Regards,

    RightMan
     
    RightMan, Jun 6, 2009 IP
  13. simplyjo

    simplyjo Well-Known Member

    Messages:
    1,487
    Likes Received:
    25
    Best Answers:
    0
    Trophy Points:
    110
    #13
    What if buyers have a 'business' account and are sending personal payments ? That should be a red flag for Paypal to catch you, isn't it ?
    Is fee lower in case of premier accounts ? I have both personal/premier account which one should I use for lower fees ? Or should I just switch to some other payment site ? What is everyone else doing - Living with it ?

     
    simplyjo, Jun 6, 2009 IP
  14. HolyRoller

    HolyRoller Well-Known Member

    Messages:
    552
    Likes Received:
    27
    Best Answers:
    1
    Trophy Points:
    150
    #14
    If you send too many, they just add their charge. i.e. more than a couple.

    I sent some money to my wifes paypal account on 2 occassions, now it doesn't allow me to send the money without charges to anyone.
     
    HolyRoller, Jun 6, 2009 IP
    AaRGeE likes this.
  15. Bohra

    Bohra Prominent Member

    Messages:
    12,579
    Likes Received:
    537
    Best Answers:
    0
    Trophy Points:
    310
    #15
    Wow so whats the point of doing it after all from the point of view of paypal
     
    Bohra, Jun 6, 2009 IP
  16. AzureHaze

    AzureHaze Peon

    Messages:
    171
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    0
    #16
    2.9% + $0.30 USD per transaction if you receive payment from US accounts and 3.9% + $0.30 USD per transaction if you receive payments from Non-US accounts, rates slightly lowered if you managed to receive more than 3,000 bucks in the past month, if I'm not mistaken.

    So what's the use of personal account now besides being able to receive the "personal transfer"?

    I guess OP should change the thread title to "PayPal: Yes More Transaction Fees"
     
    AzureHaze, Jun 6, 2009 IP
  17. AaRGeE

    AaRGeE Notable Member

    Messages:
    2,253
    Likes Received:
    347
    Best Answers:
    0
    Trophy Points:
    230
    #17
    Thats a bad news and I am still confused with the whole process!!
     
    AaRGeE, Jun 6, 2009 IP
  18. mathewsassn

    mathewsassn Active Member

    Messages:
    527
    Likes Received:
    7
    Best Answers:
    0
    Trophy Points:
    60
    #18
    Yes.I full agree with you.The new policy wanna take more fees.

    Many ones dont care about the new fee policy at the beginning and paypal charge many fees even they are using personal acc.:eek:
     
    mathewsassn, Jun 6, 2009 IP
  19. Bohra

    Bohra Prominent Member

    Messages:
    12,579
    Likes Received:
    537
    Best Answers:
    0
    Trophy Points:
    310
    #19
    All i know now paypal will eat more fees and that sucks
     
    Bohra, Jun 6, 2009 IP
  20. mentos

    mentos Prominent Member

    Messages:
    15,287
    Likes Received:
    473
    Best Answers:
    0
    Trophy Points:
    330
    #20
    If PP start imposing for fee at the personal account.
    Then what is the different between biz and personal account?
     
    mentos, Jun 7, 2009 IP