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Thread: How expensive is PayPal?

  1. #1
    worldpease's Avatar always annoying
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    Ok, there is this Mexican site that is currently asking for donations,
    and since I do get some great 'stuff' from there, I think it is worth it to give something back, and Pay Pal seems like a good way.

    So, how expensive is it?
    cus I try searching their site and the web, and they always came up with terms like a 'fee', 'minimum fees'.
    Do they charge for only having an account?
    or do I get charged for sending & receiving money?
    and if so, can some one give some numbers, at least an educated guess?
    gees, cus I don't want to suddenly find that I don't have any money left in my bank , and without me actually buying something.

  2. Internet, Programming and Graphics   -   #2
    Skiz's Avatar (_8(I)
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    Paypal charges a tiny transaction fee if I remember correctly. Something like 3% of everything.

    So if you Donate $20 to a site, they charge you like 65 cents.



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  3. Internet, Programming and Graphics   -   #3
    worldpease's Avatar always annoying
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    Oh !,
    well, that doesn't seem that bad at all,
    I mean, they are making all the transaction and all that stuff.

    actually, I kinda remember investigating about it,
    but that was some time ago and I don't even know why.

  4. Internet, Programming and Graphics   -   #4
    Skiz's Avatar (_8(I)
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    It's always free to send payments using your PayPal account. Personal accounts can receive a limited number of credit or debit card funded payments per year and are assessed a transaction fee. To view your Personal account limit, log in to your account and click the View Limits link.
    Look here also:

    https://www.paypal.com/helpcenter/ma...024&isSrch=Yes



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  5. Internet, Programming and Graphics   -   #5
    Busyman™'s Avatar Use Logic Or STFU!
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    Yeah I've been thinking of using Paypal for collecting money from friends for the trips that I set up.

    Some a dem motherfuckers live to far fuh me ta be goin around collektin checks en shit.

  6. Internet, Programming and Graphics   -   #6
    Bucktoof's Avatar Byaaah! BT Rep: +8BT Rep +8
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    I use paypal a lot for online transactions, and 3% sounds about right, though since the exchange rate for canadian to american dollars is always changing, I can't say for sure. I always thought of it as 2, since it seemed that when the dollar was at 89 cents, paypal would say I'd only get 87 or so.

    The insurance they offer can help you out if you have a deal that goes awry

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