Business Service Fee
jbfolsom
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Posted on
Aug-17-2017
01:33 PM
Why was i charged a business service fee for sending money to an acquaintance? Is it because they are using a business email?
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Quandary
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Aug-17-2017
01:49 PM
If you used a debit card or credit card as the funding source there is a fee - for US accounts it's 2.9% plus $0.30 USD of the amount you send. An example would be, you send $100.00 USD to a friend and you used your credit card as the funding source, the fee would be $3.20 USD ($2.90 + $0.30). When you use either your PayPal balance or a bank account or a combination of both there are no fees (assuming you're sending to someone in the U.S.).
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