Thread: PayPal fees

Tweet

When I am receiving payments via PayPal, I get fee on them. I know I can receive payments with 0% fee only if the sender choose so. I was wondering if there is any way I can decrease those fees. I wanna make them as less as possible so that I will not loose big amounts of money because of this.

I am currently using a personal account, and I am getting 3.4% fee plus 0.35 Euro.
If I register for a different type of account, will me fees be less? Or they will remain the same as the fees of a personal account?
I read that payments of bigger amounts get less fee, but I am not receiving big amounts of payments..

Is there any option which allows me to pay a monthly or yearly fee and receive payments without fees?

Tweet

This would be not possible. From every outgoing transaction 1 % service fee would be decuded.

Tweet

Only 1%? I am getting more than 3% fees... What kind of account do you use with only 1% fees??
I am looking forward to change account if this is possible.

Tweet

Hi, with Paypal you pay 0% fee when you send or receive money from PayPal balance. But you should send payment as Personal, Other or Personal Gift i think...
Also when you send money from credit card, it is most expensive transaction, and they can debit around 4% out of payment..!
There are PayPal fees table: https://www.paypal.com/webapps/mpp/paypal-fees
I think they tried to write it simple but i still cant understand it fully

Tweet

The percentage of Fees are depend on the amount of money that you transact.

Tweet

Send money as gift and you'll have no fees
Must be personal ofcourse...

Tweet

If you get the person to send the money as a gift there is no fee. However, if you are registered as a business account i think you cannot avaoid fees and the amount you are charged my differ from a personal account.