paypal is very costly!

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30-03-09, 01:40
hyxfei

Quote:

Originally Posted by tom

how can paypal deduct so much from a personal account ,i never faced such situation only premier or business accounts holder face this situation where paypal deduct high commission but i dont know about personal account.

yes. and i only heard from other froums that if the sender used the credit card account to pay you. the bank of credit card may charge some fees also.
06-04-09, 23:23
danega

I have withdrawn my money now from paypal to my card and I am so happy that i get no deduction even if I withdraw $50 only my friends say they get $5 deduction every time they withdraw below $160 but luckily i want deducted maybe because I have business account
09-04-09, 11:04
danega

Quote:

Originally Posted by artagnan1978

The transaction fees are understandable for the business accounts... every business has to make some sacrifices... paypal also has some expenses that has to be covered from somewhere.

There are no fees for the personal accounts and that is good for us. I also like paypal because they are secure and safe, plus I can easily withdraw my money to my account via my credit card, plus the fee for this transaction is not high!

now I know why I have that deduction from paypal since I have business account. So now I have to open a personal account then. By the way do I have to get another visa card to verify my new paylpal or can I use the same visa card with my other account in paypal that is business account?
12-04-09, 17:30
duskiss

The discussion confuses me, I have a personal account, if i request a payment of 10$ from this forum, then how much will I receive? My location is in the mainland of China.
21-04-09, 06:10
easy08

yes,it is very costly.
but i give you advice that you can make another account a personal account to receive larger amounts of money.maybe it help.
21-04-09, 14:38
danega

Well I guess I have to agree to you now I have received money and lot of deductions are being deducted one was too high almost 50% fee they deducted thats why I have decided to open a personal account since I am using business account and receiving money from someone using a personal account to my business account would give me high fees. :(
21-04-09, 20:04
mr.microsoft

Well paypal fees are very less for me because I always withdraw the funds to my bank account and the transaction fee for it is only 50 INR that is equal to $1 :)
22-04-09, 02:34
lemon_1800

Quote:

Originally Posted by tom

how can paypal deduct so much from a personal account ,i never faced such situation only premier or business accounts holder face this situation where paypal deduct high commission but i dont know about personal account.

I think paypal charges so much fees if you receive funds from credit card. Otherwise, there is no absolutely fees for personal accounts for PP to PP transfer.
22-04-09, 03:44
mr.microsoft

Quote:

Originally Posted by lemon_1800

Quote:

Originally Posted by tom

how can paypal deduct so much from a personal account ,i never faced such situation only premier or business accounts holder face this situation where paypal deduct high commission but i dont know about personal account.

I think paypal charges so much fees if you receive funds from credit card. Otherwise, there is no absolutely fees for personal accounts for PP to PP transfer.

Yes I agree on that. Paypal personal accounts do not have much fees at all. The withdrawal fee is also less.
22-04-09, 05:20
lemon_1800

Just I read in paypal FAQ that even in Premium or business accounts there is no fees for sending money except for mass payment. Only for receiving funds, the fees is 3.9% + 0.30 for each transaction.
29-04-09, 18:23
revvv1234

Message

Personal account on Paypal does not cost you that much.You must be using some other account.
04-05-09, 09:42
honey12

I must agree that paypal fee is really costly. There is always a fee whenever you transfer funds and it is either being bear by the seller or the buyer.
04-05-09, 11:01
hyxfei

Re: Message

Quote:

Originally Posted by revvv1234

Personal account on Paypal does not cost you that much.You must be using some other account.

well. the withdraw fee is still high on some countries. like here in China. paypal charged 35$ per bank wire that's really really blood sucking..
though paypal allow some countries to withdraw freely.
04-05-09, 11:39
mr.microsoft

Quote:

Originally Posted by honey12

I must agree that paypal fee is really costly. There is always a fee whenever you transfer funds and it is either being bear by the seller or the buyer.

Well if you have a personal account on paypal then you are not applicable for the fees that paypal charges. :)

And 35$ in China is way too costly man !
04-05-09, 13:14
hyxfei

Quote:

Originally Posted by mr.microsoft

Quote:

Originally Posted by honey12

I must agree that paypal fee is really costly. There is always a fee whenever you transfer funds and it is either being bear by the seller or the buyer.

Well if you have a personal account on paypal then you are not applicable for the fees that paypal charges. :)

And 35$ in China is way too costly man !

yes. if we hold personnal account then our tranaction would not be charged any charges. i think 35$ per withdraw here is the most charges what paypal ever charged now.
04-05-09, 15:23
honey12

Quote:

Originally Posted by hyxfei

Quote:

Originally Posted by mr.microsoft

Quote:

Originally Posted by honey12

I must agree that paypal fee is really costly. There is always a fee whenever you transfer funds and it is either being bear by the seller or the buyer.

Well if you have a personal account on paypal then you are not applicable for the fees that paypal charges. :)

And 35$ in China is way too costly man !

yes. if we hold personnal account then our tranaction would not be charged any charges. i think 35$ per withdraw here is the most charges what paypal ever charged now.

Yes it is the highest I've ever heard. You should have a huge amount of money before you consider withdrawing or else the majority of your earnings are for fees alone.
05-05-09, 01:02
mr.microsoft

Quote:

Originally Posted by honey12

Quote:

Originally Posted by hyxfei

Quote:

Originally Posted by mr.microsoft

Quote:

Originally Posted by honey12

I must agree that paypal fee is really costly. There is always a fee whenever you transfer funds and it is either being bear by the seller or the buyer.

Well if you have a personal account on paypal then you are not applicable for the fees that paypal charges. :)

And 35$ in China is way too costly man !

yes. if we hold personnal account then our tranaction would not be charged any charges. i think 35$ per withdraw here is the most charges what paypal ever charged now.

Yes it is the highest I've ever heard. You should have a huge amount of money before you consider withdrawing or else the majority of your earnings are for fees alone.

You will have to request a payout here 4 times so that you can get a payment of just 5$. I think China might be having highest rates for Paypal .
05-05-09, 04:22
hyxfei

Quote:

Originally Posted by mr.microsoft

Quote:

Originally Posted by honey12

Quote:

Originally Posted by hyxfei

Quote:

Originally Posted by mr.microsoft

Quote:

Originally Posted by honey12

I must agree that paypal fee is really costly. There is always a fee whenever you transfer funds and it is either being bear by the seller or the buyer.

Well if you have a personal account on paypal then you are not applicable for the fees that paypal charges. :)

And 35$ in China is way too costly man !

yes. if we hold personnal account then our tranaction would not be charged any charges. i think 35$ per withdraw here is the most charges what paypal ever charged now.

Yes it is the highest I've ever heard. You should have a huge amount of money before you consider withdrawing or else the majority of your earnings are for fees alone.

You will have to request a payout here 4 times so that you can get a payment of just 5$. I think China might be having highest rates for Paypal .

yes. if i request cashout my paypal money on paypal after i received 4 payments here. most of hard earnings would charged by paypal..lol~
so i will not dare to cashout even i have 100$ on my paypal account later.
05-05-09, 07:44
mr.microsoft

Quote:

Originally Posted by hyxfei

Quote:

Originally Posted by mr.microsoft

Quote:

Originally Posted by honey12

Quote:

Originally Posted by hyxfei

Quote:

Originally Posted by mr.microsoft

Quote:

Originally Posted by honey12

I must agree that paypal fee is really costly. There is always a fee whenever you transfer funds and it is either being bear by the seller or the buyer.

Well if you have a personal account on paypal then you are not applicable for the fees that paypal charges. :)

And 35$ in China is way too costly man !

yes. if we hold personnal account then our tranaction would not be charged any charges. i think 35$ per withdraw here is the most charges what paypal ever charged now.

Yes it is the highest I've ever heard. You should have a huge amount of money before you consider withdrawing or else the majority of your earnings are for fees alone.

You will have to request a payout here 4 times so that you can get a payment of just 5$. I think China might be having highest rates for Paypal .

yes. if i request cashout my paypal money on paypal after i received 4 payments here. most of hard earnings would charged by paypal..lol~
so i will not dare to cashout even i have 100$ on my paypal account later.

It's a difficult task for you then. 35$ is quite a big amount to be given as transaction fees. I think Paypal should resuce those fees.
05-05-09, 08:07
revvv1234

Re: Message

Quote:

Originally Posted by hyxfei

Quote:

Originally Posted by revvv1234

Personal account on Paypal does not cost you that much.You must be using some other account.

well. the withdraw fee is still high on some countries. like here in China. paypal charged 35$ per bank wire that's really really blood sucking..
though paypal allow some countries to withdraw freely.

Ya.I also agree that they take lot of charges from some countries and in some countries they let people withdraw freely but why it is like that i also do not know.

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