dont konw where to post this so ill just post it here does paypal charge you commission fee from getting/sending money to others? if so, please clarify for me when this occurs and what are the fees this is a big help thx in advance
When you have your (Premier) account verified with a bank account, you still get a fee when you receive money. I'm pretty sure it is 5.4 % what they charge. Not sure when you are a verified member with a credit card though.
srry guys, im a noob still so, theres a 3% charge everytime you do a transaction such as recieving money when selling something / giving money to someone since you bought something? and i assume that you have to pay to get a premier account?
<span style="font-family:Comic Sans MS">^True^ It also depends on the amount of money being sent. PayPal takes 2.9% PLUS $0.30 from the amount being sent so if you send $10 to someone they will actually receive $9.41. If you want the person to get the whole $10 then you would have to send $10.59. This is if the amount of money is LESS than $100 though. As the amount increases, the amount they take changes.</span>
Heres the charges ive got recently to recieve money. Amount - Fee. $10.00 USD -$0.69 USD $5.00 USD -$0.50 USD $1.00 USD -$0.34 USD $10.50 USD -$0.71 USD