why is this happening

Discussion in 'Payment Processing' started by Biden, Dec 9, 2007.

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  1. #1
    i use paypal and everytime i get a $1 i lose 0.33 ?
     
    Biden, Dec 9, 2007 IP
  2. firesexwater

    firesexwater Peon

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    #2
    that is the fee they charge for the transaction
     
    firesexwater, Dec 9, 2007 IP
  3. kentuckyslone

    kentuckyslone Notable Member

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    #3
    Yes, everyone has the same thing with a business account.
     
    kentuckyslone, Dec 9, 2007 IP
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  4. NewTier

    NewTier Notable Member

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    #4
    you should keep a personal account then you won't lose fees. That's true kentuckyslone. :D
     
    NewTier, Dec 9, 2007 IP
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  5. Pervert-For-Life

    Pervert-For-Life Banned

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    #5
    lol dont it say Fees on top of the 0.33?
     
    Pervert-For-Life, Dec 9, 2007 IP
  6. SuperBlog

    SuperBlog Peon

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    #6
    That's how much they charge for the transaction fee. If you're making money online with your account, you need a business or premier. If you're exchanging money between friends, family, etc. then get a personal account because those have no fees. :)
     
    SuperBlog, Dec 9, 2007 IP
  7. softsyshosting

    softsyshosting Active Member

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    #7
    Its Transaction fee (around 3.4%) + $0.30 per transaction.
     
    softsyshosting, Dec 15, 2007 IP