Quick simple question regarding PayPal..

Discussion in 'PayPal' started by hetalhet, Jul 5, 2010.

  1. #1
    Hello all..

    Have a small doubt?
    We all know that PayPal deducts Rs.50 (For India) from the payment if we do transaction less than 7000.

    My question is: Does it deduct from both the side? I mean from sender and receiver both?

    Example: If my client send me 10$, than how much deduct from it?
    50 Rs?
    or more than 50 Rs (because sender has send < 7000 and receiver has received <7000 also? )

    Reply me.. :)
    Thanx.
     
    hetalhet, Jul 5, 2010 IP
  2. clbyodo

    clbyodo Peon

    Messages:
    3,457
    Likes Received:
    7
    Best Answers:
    0
    Trophy Points:
    0
    #2
    Paypal deducts 50Rs for Indians if they withdraw money less than Rs7000 from their Paypal account to their Bank account.
    It will not be deducted from both side.It will be deducted from buyer or seller but not both moeny will be deducted but one who will withdraw their money to their bank account their Rs50 will be deducted if he/she withdraws money less than Rs7000.
     
    clbyodo, Jul 5, 2010 IP
  3. mgarcia

    mgarcia Peon

    Messages:
    16
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #3
    Paypal will deduct the withdrawal fees once you decide to withdraw your funds from Paypal to your bank account. It will not deduct anything from the sender of the payment, or if the payment was done from Paypal to Paypal.

    Hope this helps!
     
    mgarcia, Jul 5, 2010 IP
  4. darkrider919

    darkrider919 Peon

    Messages:
    133
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #4
    it will deduct 50Rs and sometimes your bank will also deduct a service fee for the transfer of your money from paypal to your bank acct.
     
    darkrider919, Jul 5, 2010 IP
  5. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

    Messages:
    25,481
    Likes Received:
    1,943
    Best Answers:
    32
    Trophy Points:
    480
    #5
    Paypal deduct 50 Rs. if you withdraw funds from your indian paypal account to indian bank account (7000 or less amount) and there is no charge if you withdraw more then 7000 Rs. in one go.

    There is a fee for each transaction between you and your client.

    DON.
     
    deluxdon, Jul 6, 2010 IP
  6. musichangout.com

    musichangout.com Well-Known Member

    Messages:
    4,195
    Likes Received:
    182
    Best Answers:
    0
    Trophy Points:
    103
    #6
    Paypal deduct 50 RS, only for withdraws which are less than 7000 Rs . Not for transferring funds mate .
     
    musichangout.com, Jul 6, 2010 IP
  7. Dhaval1983

    Dhaval1983 Peon

    Messages:
    1,158
    Likes Received:
    6
    Best Answers:
    0
    Trophy Points:
    0
    #7
    You charge Rs.50 only when you withdraw your paypal funds to your bank account if it is less than 7000 INR>
     
    Dhaval1983, Jul 6, 2010 IP
  8. mrockz619

    mrockz619 Peon

    Messages:
    962
    Likes Received:
    8
    Best Answers:
    0
    Trophy Points:
    0
    #8
    You are confused. its simple , Rs.50 is deducted when you make a withdrawal not when you rec or send money in paypal :)
     
    mrockz619, Jul 6, 2010 IP
  9. hetalhet

    hetalhet Peon

    Messages:
    145
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #9
    Thank You everyone for answering me. I got answer now.
     
    hetalhet, Jul 7, 2010 IP