PayPal fees

DonShock

Flashlight Enthusiast
Joined
Dec 28, 2005
Messages
1,641
Location
Belton Texas
There is no extra fee on the person making the payment.

The person recieving the payment has a roughly 3-5% fee deducted from the payment, depending on the type of Paypal account they have.
 

Avatar28

Enlightened
Joined
Jan 27, 2003
Messages
352
Location
Nashville, TN
I don't believe that they charge anything extra for a credit card over a standard payment. However you have to have a "business account" to take credit card payments and if you have a business account they will take 3-5% off the top of EVERY transaction where you receive money. The real ***** about it is that if you want to sell on ebay you are practically required to have a business account which means if you want to accept pay pal (and trust me, you do), you have to give them 3-5%. That's on TOP of ebay's 3-5%. Since ebay owns paypal, I would view that as pretty much double-dipping and illegal bundling as well. I'm surprised they haven't been sued over it already.
 

jzmtl

Flashlight Enthusiast
Joined
Dec 4, 2006
Messages
3,123
Location
Montreal, Canada
Premier account is same I think, fixed percentage of fee doesn't matter what source. I duno what's the difference between premier/business account thou, they look pretty much the same from paypal description.
 
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