I read the fees rules of paypal and they stated it as: 2.9% to 3.9% + $0.30 Now would it mean that 10 cents can actually never be received via paypal ? If it is so what happens to 1 cent payments for trail offers ( remember hostgator 1 cent hosting or other similar trial offers ) I have not tried it, but if the receiving person recieves the 1 cent correctly. isn't it an adjustment in the fees formula ? What do you think will be paypal fees for a transaction of 10 cents?
I think it depends one your Country.As long as you are not from India,Then you can send the money as "gifts"
Though I have never received such amount myself, to have any first hand experience... but I guess, the entire amount would be consumed as fees and the receiver would not get any credit in his account! Regards, RightMan
Yes, The mathematics says that, but what do they recieve when they sell it for $0.01 ( A lot of sellers provide first month as trial for $0.01 ) this is my question.
Despite the formula 2.9% to 3.9% + $0.30 ?? I need a confirmed answer, possibly with an official paypal rule supporting the fact.
From My Experience of before 2 years, A Friend Tried Donating me from my Site Donate Button, and the amount was .01$. So what happened is, the payment was not automatically accepted! It was set into Pending. And I had to manually accept it! The transaction details shows that fee is .01$ and thus the Amount =0.00$ It was worth a try! Atleast, due to that, i could explain this to you! ~ExP~
Busienss purpose transactions cannot be marked as gifts(such as originating form a website), and thus anything less than $0.30 would give 0!