PayPal Fees!?!?!?!?!

[WickedKlown2]

Once again taken directly from the Paypal User Agreement

https://www.paypal.com/us/cgi-bin/we...ide&countries=

Transaction Fees for Domestic Payments

Sending money

It's always free to send money to friends and family when you use your PayPal balance or bank account. Fees apply only if the sender uses a credit or debit card, or if you receive any payment for goods or services.

https://cms.paypal.com/us/cgi-bin/ma...locale.x=en_US

4. Receiving Money.

4.1 Receiving Personal Payments.

If you are selling goods or services, you may not ask the buyer to send you a Personal Payment for the purchase. If you do so, PayPal may remove your ability to accept Personal Payments.

https://cms.paypal.com/us/cgi-bin/ma...cale.x=en_US#8

8. Fees.

8.1 Fees Overview.

Fees are based on whether you are making a Purchase Payment or a Personal Payment.

For Purchase Payments, the recipient of the payment will always pay the fee.

Hard to disagree with the facts

WK2

[SSP REAPER]

I agree with the basic concept MadMarx is going with here. If you agree to pay x amount of dollars for an item and he asks for x amount of dollars, that's what should be paid regardless of fees. I always make sure if someone says "send me $20 and it's yours" that I give them $20 PLUS the 3% fee.

[eckoblazer]

Chiming in late but Madmarx I don't know what you have been doing in the past buy anytime I receive a payment from someone for goods being sold I get a 3% fee taken out. It doesn't matter if they pay with a paypal balance or CC the fee is still the same....

[KC]

Chiming in late but Madmarx I don't know what you have been doing in the past buy anytime I receive a payment from someone for goods being sold I get a 3% fee taken out. It doesn't matter if they pay with a paypal balance or CC the fee is still the same....

Same thing here on my end. Although this isnt the first time Ive heard of paypal accounts that only charge on a CC transactions.

A public "thank you" to those members trusting enough to send payments via the personal option.

[SSP REAPER]

A public "thank you" to those members trusting enough to send payments via the personal option.

seconded

[Lohman446]

I agree with the basic concept MadMarx is going with here. If you agree to pay x amount of dollars for an item and he asks for x amount of dollars, that's what should be paid regardless of fees. I always make sure if someone says "send me $20 and it's yours" that I give them $20 PLUS the 3% fee.

Did you know that when you use a CC shopping at a retail store the seller pays the CC company a transaction fee usually from about 1.5 to 3% of the transaction? Its common for accepting non-cash non-check payments. I assume that is where Paypal originally came up with the 2.9% - at the time it was in line with major CC companies.

I'm sorry, fee avoidance is against the terms of use that you agreed to with paypal. Tacking on the fee to the buyer is also against the terms of use. Marking something as a gift that is not a gift is lieing.

Do I know people I would send it as a gift if they asked? Probably. That being said I get such deals online that 3% would seldom make or break the deal. Again, if you are accepting paypal price your items accordingly.

Dishonesty is exactly that. No matter what justification you have for it it does not change the fact of the consequences of practicing it. I like paypal. The 3% is worth them inputting the info so I can print a label directly without chances of errors on my end in writing the numbers. Granted I can still stick the wrong label on the wrong package but thats an issue on my end.

[Madmarx]

Sending personal gives the buyer zero protection as I understand it. How are you going to argue that it was a "gift" for an item? As Wicked pointed out fees apply if you are receiving payment for GOODS OR SERVICES. Unless its a gift or one other form of actual personal payment you are in fact lieing to paypal. You can soften that however you want but its what it is.

Besides, are you really concerned about the $.60 on a $20 transfer?

OMG...
Where are you guys getting this "gift" deal.
I NEVER said anything about a gift payment.
It's an existing paypal balance transfer for goods not a gift.
I had no idea this would so difficult to get after explaining it.
At least read my posts before you comment.

[Madmarx]

Give it up Mark.
Just figure the fees in from now on.
All you are doing is making yourself mad because people dont know anything about
Paypal and the fees the seller pays.
Here lately I've come to the conclusion that its just not worth the hassle of packaging something up and going to the Post Office if I cant clear at least $20.00 after shipping and Paypal charges.
But thats just me.

I should have listened to you.

[SSP REAPER]

Did you know that when you use a CC shopping at a retail store the seller pays the CC company a transaction fee usually from about 1.5 to 3% of the transaction? Its common for accepting non-cash non-check payments. I assume that is where Paypal originally came up with the 2.9% - at the time it was in line with major CC companies.

I'm sorry, fee avoidance is against the terms of use that you agreed to with paypal. Tacking on the fee to the buyer is also against the terms of use. Marking something as a gift that is not a gift is lieing.

Do I know people I would send it as a gift if they asked? Probably. That being said I get such deals online that 3% would seldom make or break the deal. Again, if you are accepting paypal price your items accordingly.

Dishonesty is exactly that. No matter what justification you have for it it does not change the fact of the consequences of practicing it. I like paypal. The 3% is worth them inputting the info so I can print a label directly without chances of errors on my end in writing the numbers. Granted I can still stick the wrong label on the wrong package but thats an issue on my end.

Your not reading everything clearly apparently. What MadMarx is trying to say is that when a price is set, that's the price. Fees are fees and we all know it's part of using paypal. I'm not saying to make every purchase a "gift" to avoid the fees at all. The issue is that people do not pay using their available balance all the time and go directly to the credit card. Is it because they need to? NO. It's because they can. When you pay with money IN your paypal account it transfers directly minus fees. That's what MadMarx is trying to say. When you change from the norm and decide you want to keep your balance there and pay with a credit card, extra fees are charged because of the choice on the buyers end.

I work in a retail motorcycle shop and the price is the price regardless of what fees the companies charge to accept credit cards. This is why I usually ask the customer "credit or debit" when they hand me a Visa or MC with DEBIT clearly written on it. By going with your debit and pulling the money directly from the account the fees are waived.

[Madmarx]

Once again taken directly from the Paypal User Agreement

Hard to disagree with the facts

WK2

My bad...
I'm retarded!
I completely misunderstood the fee rules.
I do believe paypal has changed the rules on personal accounts.
I'll change my posts in the BST right now.

[Lohman446]

Reaper reread post 16 of the current terms of service. If you are purchasing goods you are paying fees. The only way around it is to use personal and receive zero protection. What personal option would you suggest honestly fits the bill? The last change of TOS changed when you pay fees, you can no longer avoid them by using personal. As I understood it once you set up an account to be able to take CC you were charged fees on every transaction, but I don't recall because I did not do a lot of trading nor did I really worry about the 3% ever, this was never a business where I had to worry about overhead / fees / etc. For the couple thousand in paypal I might have done in any given year the fees never amounted to enough to matter.

[KC]

As I understood it once you set up an account to be able to take CC you were charged fees on every transaction

Sending personal gives the buyer zero protection as I understand it. How are you going to argue that it was a "gift" for an item?

I think "payment owed" from the personal payment options would be the better choice. Everyone picks "gift" though...

Did you know that when you use a CC shopping at a retail store the seller pays the CC company a transaction fee usually from about 1.5 to 3% of the transaction? Its common for accepting non-cash non-check payments. I assume that is where Paypal originally came up with the 2.9% - at the time it was in line with major CC companies.

I used to pay ALOT more than that for "merchant services" when I owned my little video game shop.

[SSP REAPER]

If you use the payment owed it does not charge fees.

[KC]

If you use the payment owed it does not charge fees.

I guess I missed the "personal' in MadMarx first post. I though we were talking about transactions in general. My bad guys.

[Madmarx]

My personal account was not able to accept CC payments before unless I bent over! PP would charge me an even higher fee to do so!!
The way I understand it now is the personal account gets charged the same fees as my premier account. Not sure why I need to keep the premier account anymore?