Fees

[zoeleo]

Previously when someone paid me by echeck I was only charged $5.00 paypal fee.  Recently I was paid by echeck and charged $26.24.  Has the policy changed for fees paid by echeck.

[sandypurins]

Yes... the policy changed effective July 12th... here's the policy update text...

Amendment to the PayPal User Agreement
Effective Date: Jul 12, 2011

Purchase Payment Fee cap for Sellers who receive eCheck payments. If you are a Seller, your Purchase Payment Fees are set out in Section 8 (Fees). Currently, your Purchase Payment Fee for eCheck-funded payments is capped at a maximum of $5.00. After the effective date listed above, this $5.00 cap will no longer be applied. Your Fee for receiving eCheck-funded payments will continue to be calculated according to the rates set out in Section 8.

-Sandy