Thread: Why Paypal Cut my Money?
-
29-05-08, 11:17 #1
Why Paypal Cut my Money?
I do not understand today that why paypal cut my money. Today I got $10 from a site. but I got a mail from paypal that says -
"Consider an Upgrade
Note: You can only accept up to 5 credit or prepaid card payments annually with a Personal account.
A Premier account allows you to accept credit or debit card payments for only 3.4% plus $0.30 USD per transaction, plus you get these exclusive benefits:
Let buyers pay you faster when you accept PayPal from your auction listings and automatically request payment from your buyers
Receive our chargeback and seller protection at no additional cost
Save time with our shipping, tracking and reporting tools
Sincerely,
PayPal "
When I accept my $10 then they cut 0.89 cent from $10. :cry: I don't know why its happend??
I have a personal account and I am not a verified member. Then Why They cut my MOney. ??
Did it happend u also. Pls reply.
-
30-05-08, 05:51 #2Veteran Member I was here more times.
- Join Date
- May 2008
- Posts
- 1,147
- Rep Power
- 0
That's strange. Paypal does not charge you if you have a personal account. Did you contact paypal regarding the issue ?
-
11-07-08, 01:24 #3Veteran Member I was here more times.
- Join Date
- Dec 2007
- Posts
- 2,142
- Rep Power
- 0
lol paramita , don't you know that paypal charge fees for incoming payments ?
I think $0.89 is low fee compared to $10 and mainly fees percent decrase in larger amounts .
-
13-07-08, 00:20 #4Senior Member I was here more times.
- Join Date
- May 2008
- Posts
- 237
- Rep Power
- 0
I know exactly what you mean, i have had them cut a large amount of my money out because of the paypal fees because of who sent the money, paypal fees are out of sight, it was paypal fees though more than likely!
-
22-07-08, 15:01 #5Originally Posted by moustafa
-
23-07-08, 12:28 #6Originally Posted by paramita0101Hidden Content
Hidden Content
Hidden Content
Hidden Content
Any suggestions for Online or Hosting or blog setup Contact me
-
29-07-08, 06:23 #7Veteran Member I was here more times.
- Join Date
- Dec 2007
- Posts
- 1,682
- Rep Power
- 0
i have same experience of that.
actually it is because personal account can not receive money from credit card except the account is an upgraded one.
-
05-08-08, 15:46 #8Junior Member
- Join Date
- Aug 2008
- Posts
- 2
- Rep Power
- 0
Paypal charges. They will charge for it, surely they will not cut for any wrong reasons.
-
05-08-08, 16:59 #9Veteran Member I was here more times.
- Join Date
- Dec 2007
- Posts
- 1,682
- Rep Power
- 0
Originally Posted by varunpatel
-
29-11-08, 07:40 #10
Dear Paramita, as I heard Paypal charged 10$ for upgrade, personal to Pro account. They charged only one time for life long. Means your account is upgrade now, and they deduct some % after every transaction.
-
29-11-08, 08:33 #11Veteran Member I was here more times.
- Join Date
- Dec 2007
- Posts
- 3,333
- Rep Power
- 0
well actually being a personal account, we get charged if we received paymetn from credit card payments. and with higher payments than those with premier account. but still it is better to us personal account cause we don't receive credit card paymetns often. so i think that we will only get charged few times and still we don't get charges from paypal to paypal payments.
i too got charges when i received credit card payments. that is why i had told the other person who sent me credit card paymetns to send or pay me only through paypal to paypal. so that i wil not have charges. specially there is only 5 limtis of credit card payments in our personal account. i don't want to upgrade to premier or business account.
-
01-12-08, 12:48 #12Veteran Member I was here more times.
- Join Date
- Oct 2008
- Posts
- 1,623
- Rep Power
- 0
Originally Posted by indieoverSmartzKool
Similar Threads
-
Paypal deducting money
By satyakam in forum PaypalReplies: 44Last Post: 03-01-13, 23:19 -
Do money with paypal. you get 1$ before you start
By drunk555 in forum Make money without websiteReplies: 20Last Post: 21-08-12, 10:00 -
where is my paypal money?
By wonderful1 in forum PaypalReplies: 16Last Post: 10-05-09, 22:13 -
Withdraw money from Paypal
By awesome001 in forum PaypalReplies: 9Last Post: 20-05-08, 16:03 -
how much money is paypal earning
By mustang in forum PaypalReplies: 6Last Post: 02-01-08, 14:12
Bookmarks