Paypal recieving fees.

Hi I was wondering if we send money to someone how can we disable recieving fees for the person we are sending it to?

I have seen ad networks send money but when you recieve it there are no fees so you get the exact amount.

Let me know thanks!

 

If u use the paypals mass pay function then no paypal fees will be charged

Read for more info http://www.dnforum.com/f34/how-do-paypal-mass-pay-payments-avoid-fees-read-learn-thread-266771.html

Rep is appreciated If it helps

 

Receiver account must be personal if he does not want to pay the transaction charge. However, it is not valid for business money transfer.

Morever, If you want to pay the transaction charge on behalf of the receiver, you may use mass pay.

 

hey so just two questions when sending a mass payment does it charge you $1 for each person you send it to or $1 for the whole list regardless of the country?

And also when paypal collects fee's what do they use those fees for? Do they use it to run there system or pay taxes?

let me know thanks!

 

Its simple just downgrade your account to personal and then you won't have to pay any kind of fee.

You will get full money sent by the buyer or sender.

- Digital -

 

I have a business account, i cant downgrade since i have to make a lot of payments and with persoanl account there are many limits to what you can do.

 

Read https://cms.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=developer/howto_api_masspay to clear all your doubts..

Regards

 

Then make a new paypal personal account !

Paypal allows to make two accounts on one ip with same name. ( one personal account and other premier/business account)
I think this would be good for you.

Good Luck

- Digital -

 

Ok so this is what paypal says

The current transaction fee for Mass Payment is 2% per payment, with a maximum of $1.00 per payment.

So is that mass payment fee for all the people i send the money to....ex, if i send it to 100 people in one list and the total amount for those 100 people is like $15,000, i will only have to pay 2% fee or $1 maximum?

Still not clear on this...

Digital_shubhi since this is a perfesional business i just need one business account and i am not worried about my recieving fees but the clients recieving fees.

thanks!

 

In my opinion, the charge has to be per each payout and not for the whole total sum.

Not many people here use mass pay that frequently. It would be good if you did a couple of transactions and share the result of transaction fee charged, here itself.

Regards,

RightMan