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Paypal Fees-free after 1st July??

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What was that thing I read recently, I'm sure it said after 1st July receiving payments was going to be free unless it was a credit card?? Did I read it wrong? Read More
midjet666 Avatar
9y, 3w agoPosted 9 years, 3 weeks ago
What was that thing I read recently, I'm sure it said after 1st July receiving payments was going to be free unless it was a credit card?? Did I read it wrong?
Other Links From Paypal:
midjet666 Avatar
9y, 3w agoPosted 9 years, 3 weeks ago
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#1
Briliant if your right!!
#2
i think it was bad changes, paypal was going to be more expensive
#3
Ohhh I think I found it
#4
We would like to let you know of an important announcement affecting all PayPal account holders in the UK.


Effective from 9 July 2008, 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


PayPal will apply a fee for payments received for Personal Payments or Commercial Payments if such a payment is funded by a credit or debit card, however for Personal Payments funded by a card, the sender will have the option of paying the fees for that payment


Also, PayPal will no longer require its customers to upgrade from a Personal Account to a Premier or Business Account once it has received a total of £250

Consequently the following amendments to the PayPal User Agreement will be applicable for UK customers:
Clause 8 will be amended (where relevant) to provide that:

Receiving Personal Payments which are also Balance/Bank Funded Payments will be free


Receiving Personal Payments and/or Commercial Payments which are also Card Funded Payments will be charged at these standard rates:

3.4% + Fixed Fee For each domestic payment transaction.
3.9% + Fixed Fee For each cross border payment transaction

Merchant Rates

(based on monthly transaction volume & one-off application)
1.4% - 2.9% + Fixed Fee For each domestic payment transaction
1.9% - 3.9% + Fixed Fee For each cross border payment transaction

The monthly volume tiers applicable to these Merchant rates are further described in the Fees section accessible from every page of the PayPal Website.
The Fixed Fee will be (depending on the payment currency):

£0.20 GBP ¥40.0 JPY 1.35 PLN
€0.35 EUR $0.40 AUD 90.0 HUF
$0.30 USD 0.55 CHF 10.00 CZK
$0.30 CAD 2.80 NOK $0.50 SGD
$4.00 MXN 3.25 SEK $2.35 HKD
1.20 ILS 2.60 DKK $0.45 NZD

UK registered Users who receive payments in Euros from other European User countries will receive a 0.5% reduction in the variable amount of the applicable cross border fee.


The sender of a Personal Payment which is also a Card Funded Payment may choose to pay the Fee applicable to that payment.
Clause 15 will include the following new definitions:

"Commercial Payment" means a payment which is not a Personal Payment (including, without limitation a payment associated with an eBay item and/or other goods or services).

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

Clauses 4.1, 4.2, 4.4(c), 4.9 will no longer apply to UK customers.



No action is required on your part and you will be able to continue using PayPal with no changes.

Yours sincerely,

PayPal
#5
We might actually be able to make money then?
#6
:thumbsup::thumbsup:Cool!!:thumbsup::thumbsup:

We might actually be able to make money then?


Exactly!!
#7
Am I allowed to put the link of the website??
banned#8
Some justice has been approved
#9
http://forums.hexus.net/general-discussion/140558-new-paypal-fee-structures.html

Stuff it, that's the website, when I read further down it says something that ebay sales are exempt as it's not a "personal" payment!!!!!!!!!!
banned#10
midjet666
Am I allowed to put the link of the website??


Of course there is no law stopping you from that
#11
Some of us might become better off :)
#12
midjet66
;ebay sales are exempt as it's not a "personal" payment!!!!!!!!!!


Nooooooo!!!!:x:x:x
#13
Does that mean we will still get charged?
#14
dontdothatagain
Does that mean we will still get charged?


Yeah it looks like it :x
#15
:x, what was the point of changing it then!?!?!?!
#16
If you put it through as personal payment you are not able to dispute any items not recieved as they need to be marked as goods.
#17
dontdothatagain
:x, what was the point of changing it then!?!?!?!
's for famalies sending birthday money etc
#18
Fair enough, but dont they realise that eBay is a big part of their business.
#19
Ebay own paypal
#20
Precisely!

Why dont they cut the prices then!

They can afford to!
#21
Because thats how they make money you have to offer paypal to sell something they cash in twice
#22
...:x not happy.
banned#23
dontdothatagain
...:x not happy.


It isnt going to affect you, so no need to worry for a few years yet;-)
#24
they dont cut their prices because they dont have to!!! people will still use it. this seems to be a non good will gesture
#25
sassie
It isnt going to affect you, so no need to worry for a few years yet;-)


Still it affects the family!!! :santa:
#26
I was selling on ebay from the age of 14 (I was better then than I am now lol)
#27
Lol. How could you sell on eBay?

How old can you be to have a Paypal account?
banned#28
dontdothatagain
Lol. How could you sell on eBay?

How old can you be to have a Paypal account?


18
#29
How can you sell on eBay sine 14 then?
#30
It is only recent;y that you have to have paypal as a payment option
#31
I havent been on in ages.

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