Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Paypal fees
#1
How do you deal with paypal fees?

I did a transaction test for $1 and i only received 66 cents!
Reply
#2
Hello,

Paypal fees are something like 2.9% + 0.30$ from each transaction, here you have more info: https://www.paypal.com/webapps/mpp/paypal-fees

Regards!
Reply
#3
Hi lossehelin

It's really important you mention in your FAQs or Terms of Service re cash withdrawals that a transaction fee will be deducted by PayPal and that these, and any exchange rate loss, are at the receivers cost.

I hope that helps - if it does please give me a forum Rep+1

Thanks

Steve Head
Regards

Steve Head, Content Manager
Hidden content for guests

Did we help? Please give us a Forum Rep+1, and/or buy my team a coffee Hidden content for guests

Reply
#4
Hello,

Well, if you send 1$ to somebody (for example) he will receive 1$ from you, paypal will deduct fees from his money, not from yours (user already know that, they accepted Paypal TOS when they joined on paypal). But, there is a possibility to avoid these fees, when you pay any from your users, you can send payment as a gift and Paypal doesn't deduct any fee from transaction.

Regards!
Reply
#5
Thanks for the gift tip Admin, that's really good to know

Steve
Regards

Steve Head, Content Manager
Hidden content for guests

Did we help? Please give us a Forum Rep+1, and/or buy my team a coffee Hidden content for guests

Reply
#6
yes in theory everyone should know that fees will be deducted. i am used to it, i wasn't expecting for them to have so big impact when it is low amounts.
Reply


Possibly Related Threads…
Thread Author Replies Views Last Post
  PayPal Instant Payment Notification failing Galaxian 1 1,900 03-02-2017, 11:49 PM
Last Post: Galaxian
  PayPal Instant Payment Notification Warning barame 6 4,181 12-08-2014, 06:53 AM
Last Post: Daxter
  PayPal IPN - does that also affect LikeCash script stevehead 0 2,969 02-03-2014, 03:04 AM
Last Post: stevehead

Forum Jump:


Users browsing this thread: 1 Guest(s)

About MN Shop

MafiaNet Shop is an online store where you can buy powerful scripts, cool templates, graphic components and many other digital goods.

              Quick Links

              User Links

              Advertise