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05-11-2008, 08:47 AM #1
Paypal Fees
alright, so i just received my first payment from paypal, and got a 52 cent fee. this makes me wondering, and i searched, to see if there are difference in fees with personal or premeir accounts. and there was!!!
right now i have a premier account, just cause, it sounded like, premier is that much better since its called "premier" but whatever, i found this chart.'
for personal account, any payment by paypal balance, echeck, or instant transfer (i'm assuming, that means, straight out of the bank) it's free. for premieum, it's 30 cents and another 2.9% fee. then, if it's out of the credit card, for personal, it's 30 cents and another 4.9 percent fee, and for premiem, it's 2.9% and 30 cents.
so basically, with premium, you have a consitant fee, which could be more or less than the personal.
which one is worth it? what do buyers like to pay with?
also, is it possible, to upgrade and degrade whenever you want, to get the lowest amount of fee possible? thanks... i usually use paypal with paying on ebay, so i'm not use to doing this.
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05-11-2008, 11:23 AM #2
I believe with personal accounts you cannot accept credit cards through paypal, which could really hurt ebay sells.
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05-11-2008, 08:44 PM #3
And there is a limit on personal of like 1,000 dollars or something before you have to switch to premium..
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05-12-2008, 07:21 AM #4
Yea its all the same. I was shocked when they took $0.88 out of $20.00 its nuts.
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05-12-2008, 09:11 AM #5

Yeah there you basically have to be premium to really get anything going.
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