PayPal Fees?

[k3v1n37]

What fees are there exactly for paypal? I checked their site but its kind of confusing. For example if i sent someone $50 what fees would be applied on that. Also is there a monthly fee?

[gambit_360]

https://www.paypal.com/us/cgi-bin/we...y-fees-outside

[k3v1n37]

Yeah I saw that.....so then what I am wanting to do (set up an account and send/recicve money) will be free?

[zod]

I think if its a personal use account they're no charge to receive money. However you're limited to receiving bank transfers only. They won't let you accept VISA payments until you upgrade to a business account? Probably because like every other merch, they have to pay money to VISA/Mastercard.

can't remember what the fee's are but its a few percent. And if you have money sitting in your paypal account, it has to get up to a certain amount before you can transfer it to your bank account for free.

[Kasakato]

Is their chart that hard to read?

[mabba18]

https://www.paypal.com/us/cgi-bin/we...y-fees-outside

+ this:

http://www.rolbe.com/paypal.htm

and you should be able to figure fees for whatever you want to do.

[user01]

Yeah I saw that.....so then what I am wanting to do (set up an account and send/recicve money) will be free?

You have to verify the account in order to send money, only the Personal account is free if you don't want to get charged additional fees like the Premier or business accounts...

[angelove]

http://www.ppcalc.com/

^ site is very useful

[bubble.tea]

http://www.ppcalc.com/

^ site is very useful

yep!