Thread: Paypal deducting money
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16-06-09, 08:46 #1Veteran Member I was here more times.
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Paypal deducting money
Hi friends have you checked paypal's new policy,paypal is deducting 3.4% +0.30 on every transaction ,its very bad,today i got some payment for forum posting job but sadly i lost 0.50 while transfer .
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16-06-09, 08:59 #2Veteran Member I was here more times.
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Well if Paypal had implemented this new policies they should have notified us by mail about the change in policy. They won't implement it directly. I have not received any mail regarding to this. Do you have a personal account or a premeir one ?
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16-06-09, 09:29 #3Veteran Member I was here more times.
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Well, i have just checked out the paypal personal fees policy as satyakam mentioned. Here is what i find out :
Purchase
Pay
Free
Get paid
2.4% to 3.4% + $0.30 USD
Personal Transfer
Send money/Receive money
Free when the money comes from PayPal balance or bank account.
3.4% + $0.30 USD
when the money comes from a debit or credit card or PayPal Credit
(the sender decides who pays this fee).
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16-06-09, 09:36 #4Master Member I was here more times.
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Well, it means it is only free when the transaction is made as account fund transfer. But if the sender pay us, and make it as product purchase type, then we are been charge for the 3.4% +30 cents fee? anyone can confirm it?
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16-06-09, 10:23 #5Master Member I was here more times.
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Does it extract fee for taking out our paypal money? i mean for money transfer from paypal to bank account as till now it was nothing for personal accounts
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16-06-09, 10:42 #6Master Member I was here more times.
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Originally Posted by alensot
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16-06-09, 10:47 #7Veteran Member I was here more times.
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yes. so the sender may kindly choose the personnal transfer and it would still free. or will be charged some fees and that's really bad.
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16-06-09, 11:13 #8Veteran Member I was here more times.
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Originally Posted by mr.microsoft
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16-06-09, 11:54 #9Veteran Member I was here more times.
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Originally Posted by hyxfei
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16-06-09, 12:42 #10Originally Posted by revvv1234
but Paypal have own rights and as per i know they only send email if their are any service or offer has been launched they don't send email for changes in rules and policy.
but new charges are high and getting difficult to use PP now
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16-06-09, 12:59 #11Veteran Member I was here more times.
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yes. i also have not recieve any notification aobut this fees and paypal would be really costy as they charge this kind of charges now.
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16-06-09, 12:59 #12Master Member I was here more times.
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Originally Posted by satyakam
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16-06-09, 13:56 #13Veteran Member I was here more times.
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Originally Posted by ssarkar
Here is the link, hope will help you to understand the charges.
http://www.paypal.com/my/cgi-bin/web...y-fees-outside
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16-06-09, 15:04 #14Veteran Member I was here more times.
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Originally Posted by ssarkar
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16-06-09, 15:55 #15Master Member I was here more times.
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Originally Posted by hyxfei
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16-06-09, 16:17 #16Senior Member I was here more times.
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that is the only hurting thing about paypal their fee is quite high so i degraded to personal account
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16-06-09, 16:28 #17Veteran Member I was here more times.
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Originally Posted by eddielkk
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16-06-09, 17:25 #18Master Member I was here more times.
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hmmm I dont know this :cry: :cry: oh this is really bad now another charge more charges thats really not good I will have to check on this one and see how much they are going to deduct on the transaction I will make.
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16-06-09, 18:00 #19Veteran Member I was here more times.
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I use premier account, and paypal deduct $0.30 + 3.9% of total payment on every transaction.
That's why I never want to receive payment less than $2
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16-06-09, 19:09 #20Originally Posted by alec11
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