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Thread: Paypal question

  
  1. #1




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    Paypal question

    Are there Fees when you recieve money?

  2. #2




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    yes..............................

  3. #3







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    Depends on what type of account you have.

    Personal account: .30 per payment
    Business or Merchant account: .30 and 2.9% of total per payment

    If you receive a lot of payments a month, Paypal will require you to have a merchant account...even if you don't own a business.

  4. #4




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    Ok, Thanks for the info

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    Hmmm..... i didnt know that..

  6. #6




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    If you receive a lot of payments a month, Paypal will require you to have a merchant account...even if you don't own a business.


    And the threshold is VERY low. Something like $500 in three months bumps you to a merchant account.


    EDIT: That number might be a little low but it doesn't take much to force you into a premier or business account.

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