Does paypal charge fees???

[Hacp]

I heard they charged 3% fees, but my sister has made transactions through paypal and said no fees apply. But people in FS/FT say they do. WHich is it? Can sum1 clarify? ThANKS!

 

[shortspanishguy]

i think it depends on the type of account you have. Business or personal. Someone correct me if Im wrong.

 

[spaceman]

of course paypal doesnt charge fees, they do the whole operation for the sake of humanities convenience

 

[jadinolf]

Originally posted by: ncircle
of course paypal doesnt charge fees, they do the whole operation for the sake of humanities convenience

Yep, they are soooo wonderful. 😉

 

[iamtrout]

Paypal Personal: No fees, MAX of $500 a month of received money.
Paypal Premier: 3% fees, no $500 limit, can only charge a max of $5 fee if payment received is eCheck, so this method is good for higher-priced items.

 

[drinkmorejava]

don't you also need a premier account to recieve CCs

 

[Paulson]

Yes, you need a premier account to recieve credit cards... and then no matter what people pay you with (even if they already have money in their paypal account) you still end up paying the fees.

So remember, whenever you pay for something on ebay, USE YOUR CREDIT CARD. Don't let them take the money out of your checking account, because that's free. Make them pay the CC fee so always use your credit card.

 

[keeleysam]

More specifically, it's 2.9% + $0.30.

 

[LukFilm]

Originally posted by: keeleysam
More specifically, it's 2.9% + $0.30.

2.2% + $0.30 if you take in more than $10,000 monthly 😀

 

[LukFilm]

Originally posted by: iamtrout
Paypal Personal: No fees, MAX of $500 a month of received money FOR AUCTIONS ONLY.
Paypal Premier: 3% fees, no $500 limit, can only charge a max of $5 fee if payment received is eCheck, so this method is good for higher-priced items.

Corrected.