Results 1 to 6 of 6
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01-24-2008, 11:09 PM #1
Paypal question
Are there Fees when you recieve money?
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01-24-2008, 11:10 PM #2
yes..............................
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01-24-2008, 11:33 PM #3
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.
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01-24-2008, 11:33 PM #4
Ok, Thanks for the info
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01-25-2008, 04:52 PM #5
Hmmm..... i didnt know that..
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01-26-2008, 08:50 PM #6
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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