Changes to Paypal fees from 9 July - fee free payments - HotUKDeals
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Changes to Paypal fees from 9 July - fee free payments

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8y, 5m agoPosted 8 years, 5 months ago
An email I received today ...

"We would like to let you know of an important announcement
affecting all PayPal account holders in the UK.

Effective from July 9th PayPal will change its fee structure to
make it more attractive for our UK customers to send personal
payments. We are pleased to announce that:

- PayPal will not charge a recipient (regardless of their account
type) of a PayPal payment if that payment was funded by the
sender's bank account or PayPal balance and it is designated a
Personal Payment"

NB. Payments made via a card will still attract a fee.

I'll post the full email on request.
Other Links From Paypal:
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8y, 5m agoPosted 8 years, 5 months ago
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Comments/page:
#1
This means nothing, who sends people money via paypal? I only use pal pal for ebay!
#2
It's not technically a deal so shouldn't be posted here.
#3
Take it as you want to take it. Just trying to be helpful.
#4
I got this email too !

I pay my Paypal account via my Credit Card as Paypal have a nasty habit of just taking money out your normal bank account without your consent.

Paying by Credit Card used to be free but now they want to charge us.....Robbin bastads !

[SIZE="4"]Time to ditch Paypal now then !!!! [/SIZE]:thumbsup:
banned#5
i think everyone got this email lol
#6
yer i got it as well. Was going to post but alot of cold so glad i didnt now
#7
this has already been posted a few times.
#8
Mecoconuts
I got this email too !

I pay my Paypal account via my Credit Card as Paypal have a nasty habit of just taking money out your normal bank account without your consent.

Paying by Credit Card used to be free but now they want to charge us.....Robbin bastads !

[SIZE="4"]Time to ditch Paypal now then !!!! [/SIZE]:thumbsup:


I echo your thoughts. However ebay are also forcing sellers to offer paypal as a payment option....

They are such nice people to do business with....
#9
Lets hope "faster payments" will see the end of paypal.
#10
I personally don't use Paypal to receive any money because of their hefty fees and terribly poor services. I only used it to pay for things bought elsewhere by credit card. And if now they want to charge me for using that sevice I would say bye to them for good.

I wonder if you've ever noticed the same that if you pay your money would be taken away from your bank account almost immediately, but if you want to withdraw the virtual money from your Paypal account you'll have to wait ages before it arrives at your bank. They simply abuse it and use the money of account holders at zero cost, at the same time charge us unbelivably high fees. And try email them with a complaint on a problem, you'll always receive dull and unhelpful replies. At least that's all what I've always experienced.

To me, avoid Paypal whenever possible.
#11
So in other words they are trying to discourage people who prefer the added protection of using credit cards to pay via paypal considering that PayPal has a shocking and very limited protection record.
#12
So does this mean if someone sent Paypal to somebody elses Paypal, they won't take a charge from it?
#13
Abvance
So does this mean if someone sent Paypal to somebody elses Paypal, they won't take a charge from it?


If it’s drawn on a Credit card they will charge:x if it’s drawn on a bank account they will not charge:)

It seems the way to get round this if you are using a credit card is to load your paypal account with some money before you send it. How long you have to leave the money in your paypal account before sending it is anybody’s guess, I suppose they will earn interest if you pre-load your account:whistling:
#14
This is the way it should be, as far as I'm aware it normally costs more money to handle credit card payments than it does direct debit transactions.

John
#15
Johnmcl7
This is the way it should be, as far as I'm aware it normally costs more money to handle credit card payments than it does direct debit transactions.

John


If it should be like this, why has it taken them so long to implement it? I will tell you why. There are probably a large number of buyers on e-bay that prefer to use Paypal linked to a credit card rather than to a bank account. Paypal have been known to take money from people’s accounts incorrectly. It is a lot easer to get your money back with a credit card, than with a bank account.
banned#16
sharp910sh;2304105
This means nothing, who sends people money via paypal? I only use pal pal for ebay!

So on ebay, you arent sending people money via paypal. Ambiguous post to say the least.
#17
I really don't understand all of this - can someone summarise (or point me in the direction of a summary) of this for a "Bill and Ben" brain like myself

specifically:

If someone sends me money and I have one of the accounts that lets you get more then £250 (whatever that is called) am I charged anymore? And if so how much?

If I send money and there is money sitting in my account am I charged? If I use my credot card? If I use my bank account?

Many thanks
#18
I can only tell you how it affects me as I only use Paypal to send money via e-bay


If it’s drawn on a Credit card they WILL charge if it’s drawn on a bank account they will NOT charge

It seems the way to get round this if you are using a credit card is to load your paypal account with some money before you send it. How long you have to leave the money in your paypal account before sending it, is anybody’s guess. I suppose they will earn interest if you pre-load your account
#19
yes but do I still get charged as the recipient of the money? Thanks
#20
Am I mising something here or will Paypal only weave the fee's if the sender selects 'Personal Payment'? i.e. for us ebayers, we'll still be charged for our fees?

Edit: Just read the full e-mail myself and paypal defines 'Personal Payments' as:

"Personal Payment" means a payment made for the purpose of either your personal, family and/or household affairs.

So us ebayers do get to weave fees, as the buyer is spending money for their personal / family use?

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