This topic is locked, no replies allowed. Inaccurate or out-of-date info may be present.

  • Print

Topic: Does paypal charge any fees?  (Read 6641 times)

cubarican210

    US flag
    View Profile
  • Hero Member
  • *****
  • Posts: 696 (since 2010)
  • Thanked: 0x
Does paypal charge any fees?
« on: August 04, 2010, 01:34:58 pm »
I'm new to FC and I'm considering getting a paypal account but I don't know if they have any hidden fees somewhere. Please let me know. Thanks!  :wave:

LaTashaS28

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 3213 (since 2009)
  • Thanked: 45x
Re: Does paypal charge any fees?
« Reply #1 on: August 04, 2010, 01:54:18 pm »
No, there are no fees.
*Image Removed*

missijl

    US flag
    View Profile
  • Hero Member
  • *****
  • Posts: 722 (since 2010)
  • Thanked: 3x
Re: Does paypal charge any fees?
« Reply #2 on: August 04, 2010, 01:57:32 pm »
PayPal doesn't charge fees when getting payments from FusionCash, but there are certain fees if you use it for accepting Ebay payments, etc.. If you strictly use it for getting your FC payments, you won't have any fees. It takes about 3-5 business days to get the money from PayPal to your bank account. I prefer PayPal anyway, though. I don't like giving out my banking info!

debrar

    US flag
    View Profile
  • Hero Member
  • *****
  • Posts: 720 (since 2007)
  • Thanked: 1x
Re: Does paypal charge any fees?
« Reply #3 on: August 04, 2010, 02:33:33 pm »
PayPal do not charge any fees, I have a PayPal debit and credit card, so I get my money right away.  :peace:

luvh8tragedy87

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 3059 (since 2008)
  • Thanked: 37x
Re: Does paypal charge any fees?
« Reply #4 on: August 04, 2010, 04:24:48 pm »
No fees, you're good to go.

liljp617

    US flag
    View Profile
  • Elite Member
  • ******
  • Posts: 936 (since 2007)
  • Thanked: 0x
Re: Does paypal charge any fees?
« Reply #5 on: August 04, 2010, 05:20:24 pm »
A Personal Paypal account doesn't, although it has some monthly limitations.  Business Paypal account has fees I believe, at least on receiving transactions.

ktheodos

    US flag
    View Profile
  • Platinum Member
  • *********
  • Posts: 5504 (since 2008)
  • Thanked: 88x
Re: Does paypal charge any fees?
« Reply #6 on: August 04, 2010, 05:53:11 pm »
not that I'm aware of....I like paypal

wsnyyankees2009

    US flag
    View Profile
  • Platinum Member
  • *********
  • Helpful Contributor Helpful Contributor
  • Posts: 4464 (since 2010)
  • Thanked: 121x
Re: Does paypal charge any fees?
« Reply #7 on: August 04, 2010, 06:51:37 pm »
On A Personal Account There Are No Fees...It's All Good  ;)
Very Clean & Simple, Never Have Any Issues  :peace:
« Last Edit: August 04, 2010, 06:54:22 pm by wsnyyankees2009 »

girlswin2

    US flag
    View Profile
  • Silver Member
  • *******
  • Posts: 1003 (since 2010)
  • Thanked: 1x
Re: Does paypal charge any fees?
« Reply #8 on: August 04, 2010, 10:34:11 pm »
Nope you will not have to worry about that unless your in business and getting moneys or sending moneys to and from like ebay etc. 
I have one with them and its all good.  Go for it!!  Welcome to the site  FC is the place to be!!   :cat: :thumbsup: :wave:

cubarican210

    US flag
    View Profile
  • Hero Member
  • *****
  • Posts: 696 (since 2010)
  • Thanked: 0x
Re: Does paypal charge any fees?
« Reply #9 on: August 05, 2010, 08:27:46 am »
Thanks for your answers everyone! They were all very informative. I've never used Paypal before and I just wasn't sure how it worked. But thanks to you nice people I know now.  ;D

heartofphila

    US flag
    View Profile
  • Hero Member
  • *****
  • Posts: 533 (since 2010)
  • Thanked: 0x
Re: Does paypal charge any fees?
« Reply #10 on: August 05, 2010, 10:19:19 am »
PayPal doesn't charge fees when getting payments from FusionCash, but there are certain fees if you use it for accepting Ebay payments, etc.. If you strictly use it for getting your FC payments, you won't have any fees. It takes about 3-5 business days to get the money from PayPal to your bank account. I prefer PayPal anyway, though. I don't like giving out my banking info!
Thanks for asking, I'm interested in a paypal credit card, but I dont know if they will link my bank account  to it.

swogden

    US flag
    View Profile
  • Gold Member
  • ********
  • Helpful Contributor Helpful Contributor
  • Posts: 2402 (since 2007)
  • Thanked: 93x
Re: Does paypal charge any fees?
« Reply #11 on: August 05, 2010, 12:46:57 pm »
If you have a Personal Account with PAYPAL, there are no fees for you sending funds (to make a payment), but there may be fees (2.9%+.30) for any deposit you receive -- unless the sending company has made arrangments with PAYPAL to eliminate those "deposit fees".  

Currently, FusionCash is one of those companys and there are NO PAYPAL fees when monies are sent to you.

But if you work with other GPT and PTC sites, they may or may not have such an arrangement.  Usually if they do mass payouts, which is one of the arrangements senders can use to minimize the fees on cashouts, there will be no fee to the person receiving the funds, but the sender may incur the fees -- and charge a flat percent fee whenever their members cashout.  You have to ask each site what their procedures are,
« Last Edit: August 05, 2010, 12:49:28 pm by swogden »

cubarican210

    US flag
    View Profile
  • Hero Member
  • *****
  • Posts: 696 (since 2010)
  • Thanked: 0x
Re: Does paypal charge any fees?
« Reply #12 on: August 07, 2010, 04:04:59 pm »
Thanks for the tips everyone. You were all very helpful.  ;D

JessieKateRose

    US flag
    View Profile
  • Hero Member
  • *****
  • Posts: 591 (since 2009)
  • Thanked: 0x
Re: Does paypal charge any fees?
« Reply #13 on: August 07, 2010, 05:43:23 pm »
A Personal Paypal account doesn't, although it has some monthly limitations.  Business Paypal account has fees I believe, at least on receiving transactions.

This. No fees with the personal account, but you have some limits. Not really obnoxious limits, though, they're pretty reasonable.

tantricia44

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 3590 (since 2010)
  • Thanked: 83x
Re: Does paypal charge any fees?
« Reply #14 on: August 07, 2010, 06:47:02 pm »
No, unless you are conducting home business & they won't charge you unless you start getting purchases in you business.

  • Print
 

Related Topics

  Subject / Started by Replies Last post
19 Replies
5466 Views
Last post September 28, 2009, 04:20:13 pm
by strumcat
19 Replies
6124 Views
Last post June 14, 2009, 11:32:15 pm
by debraleesparks
6 Replies
2155 Views
Last post September 14, 2009, 09:08:34 am
by lwilcox
16 Replies
3157 Views
Last post January 10, 2012, 09:57:27 am
by kay7
0 Replies
346 Views
Last post October 03, 2019, 02:44:56 pm
by metsrock69