[Coco] Private: Re: Pop*Star Pilot available for pre-purchase
dave at davebiz.com
Fri Aug 19 20:24:03 EDT 2016
Hmmm. This is copied and pasted from PayPal's site PayPal Fees
Transaction Fees for Domestic Payments
It's always free to send money to friends and family when you use your
PayPal balance or bank account. Fees apply only if the sender uses a
credit or debit card, or if you receive any payment for goods or
services. There are also:
* No monthly fees to maintain a PayPal account.
* No setup fees.
* No gateway fees.
* No fees for multiple eBay and merchant tools.
Don't know what to make of your experience. Perhaps:
A) The rules are different when you send to a person who lives in
another country (above mentions 'domestic' payments)
B) The rules are different if you have a 'business' account
Like I said before, I'm definitely not a big fan of PayPal. You never
know what to expect from them. If you are a seller and have a
transaction with an unscrupulous buyer, PayPal will almost always side
with the buyer. The buyer can rake you over the coals and whatever they
say PayPal will believe. I say, 'PayPal' but normally it's just an
automatic computer response that you will get. You do not communicate
with real people there very often, they don't respond to any emails, and
there's not much you can do to contest a buyer that is trying to take
advantage of you.
On 8/19/2016 4:21 PM, John W. Linville wrote:
> FWIW, the $25 I sent to Nick cost me $25.25 from my bank account,
> a 1% fee.
> On Fri, Aug 19, 2016 at 04:06:13PM -0500, Dave Philipsen wrote:
>> Actually when paying F&F there are no fees for the sender or recipient, at
>> least not from my experience.
>> On 8/19/2016 3:36 PM, Tom Seagrove wrote:
>>> When paying Friends and Family, the recipient gets the full amount and the sender pays the fees. PayPal still gets theirs...just a business shouldn't stick the buyer paying the fees.
>>> YOU ARE NOT included in that last part Nick as we are all "friends and family" here, would apply regular businesses. You are a friend for PayPal purposes in this group. 😁
>>> On Aug 19, 2016, at 4:05 PM, Zippster <zippster278 at gmail.com> wrote:
>>> You’re not supposed to suggest they make the payment that way I guess. Something in the terms of service.
>>> Of course if they do it on their own...
>>> Paypal wants their fees. I think the punishment is your account may be altered to accept only payments with a fee
>>> (goods and services). No more F&F payments.
>>> Will they ever notice? Doubtful. Someone would probably have to bring it to their attention.
>>> - Ed
>>>> On Aug 19, 2016, at 2:44 PM, Nick Marentes <nickma at optusnet.com.au> wrote:
>>>> On 20/08/2016 5:30 AM, Dave Philipsen wrote:
>>>>> With PayPal, if you send money funded by your bank account and designate it 'friends and family' no fee is deducted and you, as seller, get the total amount. Otherwise, PayPal deducts something like 2.9% plus 30 cents. Not sure if this policy applies to non-US accounts.
>>>> Ok, a no brainer... "friends and family".
>>>> But wouldn't they get suspicious if I receive 10 payments from 10 people with different surnames from 10 difference locations all for the same amount?
>>>> Is it safer then to say "payment" and let them take a percentage of your hard earned takings?
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