Paypal to Paypal, isnt it free of fees

I did a Paypal to Paypal transaction and they charged me fees for it? How is that, only credit card transactions are charged, isnt it?

Or is it because I have a Premier Account?

 

Well you have Premier Account so they deduct some fees. Dont worry about it.

 

Personal accounts are not charged but Premier and bizones are

 

They are right,because your account is premier/business.

 

Lol, I sent it from account of mine to another. I lost fees on that.

Can I degrade to the Personal account again? Will there be any problem

 

Well, Paypal is a for-profit business and it has expenses and not just what they have to pay the bank for the credit card transactions, they have to make money to finance their operations so that you be sure they will be there in the foreseeable future.

It cost money to run an operation like Paypal and a lot of expenses, their charges are the lowest in the industry so there is really nothing much you should complain about. Unless you want them to shut their doors soon.

 

Yes you can degrade your account from Premier to Personal but only once. I remember a few days ago a person asked the same question. You can search for that thread and get more information or ask here

 

- And can I upgrade back again ?

- Where do I go to degrade it to Personal?

 

Refund it to save fees

 

Paypal offers Mass Pay option for premier/business accounts, it saves some fees.

 

I guess you will have to email Paypal people for that. And I don't think you can upgrade again.

 

Lol, I sent 150 $ from one of my a/c to another, and it was charged 6.52 $. I hate when they deduct fees, lol.

 

That's why I said refund it. You will get full amount in your first PP account.

 

charley log-in to ur paypal a/c they you can see contact button select degrade option then u can follow the process.
I think you can upgrade your a/c after degrade.I am not sure...

 

Oh, how is that ? Do you mean do a chargeback ? Or else please post the steps to proceed.

This is not the 1st time PP a/c .... I have two accounts [ Premier and Personal ] ... Just made a transfer from Personal to Premier and fees got deducted.....

 

If you want's your money back in your personal account from premier account, Click on payment details of the transaction, at bottom of the page you will find "Refund" button. On next page they again ask you if you really want to refund. Click on your option.

 

I'll try it and let you know if I get the money back inclusive of fees.

 

How do I downgrade the account. The help file shows this.

I couldn't find this option in the My Account > Profile. Can some one please provide a screenshot of where it is exactly. I emailed the customer care and no response even after 2 days.

 

This option will be there in Help section i believe. Also, downgrading the account will require their intervention and you cannot do it through the interface yourself.

There is another rule which you should be aware of, that is.. you can only downgrade your account 'once', so if you go from Premier --> Personal , and then if you go back to Premier, you can never make that account a personal one.

 

Read the excerpts from the help file I quoted above.