NO PAYPAL FEES (for those who didnt know)
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Azatotht
April 13, 2010, 8:14am Report to Moderator

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Ok, i've been using this for a while but it appears that most people doesn't know about it.

If you are sending money to a non-commercial entity (buying a game from a collector for example) you can both save the Paypal fees.

-------------------------------------------------------------------------------
Free when the money comes from PayPal balance or bank account.

2.9% + $0.30 CAD when the money comes from a credit card
(the sender decides who pays this fee).
---------------------------------------------------------------------------------

I'm mentioning it because i did quite a few transactions lately and people seemed scared to accept Paypal because they didn't want to eat the fees.

It is clear now, as a seller, that you can avoid them, either the buyer pays using his bank account or balance OR he opt in to pay the fees himself from the start, so in both case you are ok.

Make sure to choose the "Personal Transfer" tab however to use this option.

Sylvain


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Steph
April 13, 2010, 9:08am Report to Moderator

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Quoted from Azatotht
It is clear now, as a seller, that you can avoid them, either the buyer pays using his bank account or balance ....


Not entirely true...

The seller will get fees no matter how the buyer provides the funds
(...unless the buyer accepts to pay the fees )

Paying from a credit card will incur HIGHER fees than what you posted above.

Otherwise, paying from either an existing Paypal balance or your bank account
will indeed incur the  $0.30 + 2.9% fee.

Credit card payments are higher  
(..I'm not sure of the exact cost, I think it's  $0.30 + 4.9%  ).

But yes, if the buyer decides to make a "personal" payment,
he pays the fees, which is usually "only"  1%


Steph



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Azatotht
April 13, 2010, 9:16am Report to Moderator

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I did it several times Steph, if you choose personal payment and fund it from your bank account, it is totally free...

we can test it right now if you like, i will send you a "free 2$"  ...


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AMX
April 13, 2010, 9:19am Report to Moderator

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Post donc ça en francais que je comprenne bien!!  


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Azatotht
April 13, 2010, 9:21am Report to Moderator

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There Steph, i sent you a "fees free" 2$

Let me know if you pay fees on it !


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AMX
April 13, 2010, 9:28am Report to Moderator

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Si je paye par mon compte de caisse pop que j'ai enregistré, y a pas de frais ni pour moi pis ni pour le vendeur?!


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Azatotht
April 13, 2010, 9:29am Report to Moderator

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Quoted from AMX
Si je paye par mon compte de caisse pop que j'ai enregistré, y a pas de frais ni pour moi pis ni pour le vendeur?!


C'est ça MAIS tu dois choisir l'onglet "personal" absolument.

Et je suis pas certain que c'est valide si le vendeur est en dehors du Canada, je pense que c'est au Canada seulement.


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Vengeance
April 13, 2010, 9:32am Report to Moderator

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I can't read the frenchie stuff but the one part you are forgetting about is the fee to actually get the money out of your paypal account.

So while the transfer between two people may be free, if I actually want to get a hold of the cash and have it deposited into my bank account Paypal takes a fee for doing that.

So unless you plan to leave the money in your paypal account, no matter what way you look at it there is a fee associated with paypal transfers.  


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Azatotht
April 13, 2010, 9:38am Report to Moderator

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Quoted from Vengeance
I can't read the frenchie stuff but the one part you are forgetting about is the fee to actually get the money out of your paypal account.

So while the transfer between two people may be free, if I actually want to get a hold of the cash and have it deposited into my bank account Paypal takes a fee for doing that.

So unless you plan to leave the money in your paypal account, no matter what way you look at it there is a fee associated with paypal transfers.  


Withdrawing is FREE for 150$ or more... and it's 0.50$ under 150$.

Anyway, just wanted to let everyone know that it coudl be done VERY cheaply if not free (let's settle for 0.50$ for under 150$ transactions after it has been withdrawn in your bank account and free otherwise..)


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Steph
April 13, 2010, 2:25pm Report to Moderator

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Quoted from Azatotht
There Steph, i sent you a "fees free" 2$

Let me know if you pay fees on it !



Yes, I got your $2 (thank you) without any fees.

Now try $500, but cancel the transaction before you have to confirm.

I'm sure there is a 1% fee for personal payments over a certain amount.

I "think" amounts under $100 are free, but over that amount, it's 1%.
(...still, that's way better than 2.9% for normal payments...)

You can try "for fun" to make a personal payment of $500
and it will prompt you with a warning that you will have to pay a $5 fee
(...you can of course cancel at any point )

I've done two large payments like this, and had to pay 1% each time.
[ NB. This was for a US supplier, so "maybe" things are different within Canada ]


Steph



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wbradley
April 13, 2010, 2:38pm Report to Moderator

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I did a Paypal for $200 (to Sylvain) as a personal payment and just checked to see...there was no fee.


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Menace
April 13, 2010, 2:46pm Report to Moderator

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I avoid paypal at all costs.  If I'm sending ANYONE in Canada $$, EMT FTW!  I've also gone to a branch and deposited $$ directly into their account, it's just that easy...

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