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Paypal Question

Started by joe_collector,

4 posts in this topic

joe_collector

joe_collector

Posted
Posted

I was gonna use the PP site for lookup, but it seems they're having some issues.

 

I know the fee structure and that account transfers are free, while credit cards are not, but....

 

If I pay for a $30 auction with a $29 account transfer (all that's left) and a $1 CC payment, how does this get charged by Paypal to the recipient? On the $1 or the whole amount?

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BronzeBruce13

BronzeBruce13

Posted
Posted

If he has a personal account (which is the only way to receive free payments as you know)... you would not be able to send even $1.00 via a CC

 

If he has a premiere account he would be charged on the whole amount regardless of the source(s) as there are no freebies "even" if a buyer is kind enough to send via a bank or PP balance... clever how they work that.

 

I'm not clear (positive) on the business account (2.2%) though... I've heard there is flexibility to receive both free payments via Bank/PP balance as well as CC payments. I would guess in the scenario you describe the seller would only pay a percentage on the CC payment.

 

Maybe a business account owner can clarify what "powers" that style of account has?

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comicwiz

comicwiz

Posted
Posted

Provided that your account uses a credit card as a payment/transfer source (verified), the person recieving the amount should only be hit once with a transaction fee. Your payment, regardless of you balance, will first draw against your PP balance, and then go into your credit card.

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