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Topic: Does paypal charge any fees?  (Read 6637 times)

cubarican210

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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

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Re: Does paypal charge any fees?
« Reply #1 on: August 04, 2010, 01:54:18 pm »
No, there are no fees.
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missijl

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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

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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

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Re: Does paypal charge any fees?
« Reply #4 on: August 04, 2010, 04:24:48 pm »
No fees, you're good to go.

liljp617

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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.

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