How Does One Add Paypal Fees to both Payments Made and Received...

paloalto_paul
Contributor
Contributor

How Does One Add Paypal Fees to both Payments Made and Received so that when a payment is received (after I send it) the individual or company receives the full amount, and vice versa, when I received a payment billed it comes in full sans the paypal deduction. If I ask for $75.00, I received $75.00 and the payee pays the $3 charge.. Recently I sent $2500 to an individual and they received only $2427.20 (and now I have to send a check for the remainder to them!). Is the solution is settings? If not, where, how?

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profdata
Frequent Contributor
Frequent Contributor

@paloalto_paul wrote:

How Does One Add Paypal Fees to both Payments Made and Received so that when a payment is received (after I send it) the individual or company receives the full amount, and vice versa, when I received a payment billed it comes in full sans the paypal deduction. If I ask for $75.00, I received $75.00 and the payee pays the $3 charge.. Recently I sent $2500 to an individual and they received only $2427.20 (and now I have to send a check for the remainder to them!). Is the solution is settings? If not, where, how?


  8. Fees.

8.1 Fees Overview. Fees are based on whether you are making a Purchase Payment, a Personal Payment or a PayPal Business Payment. Some fees are expressed as a percentage of the payment amount. All Fees are in U.S. Dollars unless otherwise stated.

  1. For Purchase Payments, the recipient of the payment will always pay the Fee.
  2. For Personal Payments, the following applies:
    • The Fee depends on the Payment Method you use.
    • The Fee is paid by either the sender or recipient, not both.
    • The sender of the payment generally determines who pays the Fee at the time the sender makes the payment. If you send a Personal Payment from a third party (non-PayPal) website or by using a third party’s product or service, then the third party will determine if the sender or recipient of the Personal Payment will pay the Personal Payment Fee. This will be disclosed to you by the third party before the Personal Payment is initiated.
    • It is free to send a Personal Payment to someone in the United States in U.S. Dollars if you use your bank or Balance as the exclusive Payment Method. If you use a different Payment method to send a Personal Payment, the Fees set out below will apply.
    • Additional Fees apply if you are sending or receiving money to or from a country outside the United States, or transacting in a foreign currency.
    • If you use your credit card as the Payment Method for a Personal Payment, you may be charged a cash-advance fee by your credit card company.
    • In some instances, Personal Payment pricing may not be available. In these instances, all payments must be Purchase Payments.
    • Personal Payments may not be available on non-PayPal websites or other applications that offer you the ability to send a payment from your Account.
    • Personal Payments may not be sent to recipients in certain countries.
  3. For PayPal Business Payments, the PayPal Business Payment Fee is paid by the recipient unless it is disclosed to you before you send the payment that you, the sender, must pay this Fee.

8.2 Domestic Payments in U.S. Dollars. This applies when both the sender and recipient are in the United States, and the payment is in U.S. Dollars.

a.  Domestic Personal Payments in U.S. Dollars. Activity  Payment Method  Personal Payment Fee
Sending or receiving*Exclusively Balance or bank accountFree
Other, including a fully or partially funded payment
by credit or debit card, or PayPal Credit.
2.9% + $0.30 USD
*Sender generally determines whether the sender or recipient pays the Fee. See Section 8.1(b).

 

 

https://cms.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=ua/UserAgreement_full&fli=true&loc....

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paloalto_paul
Contributor
Contributor

Hi; thanks for your reply. But you may have misunderstood me. I want to know how can I pay someone and if Paypal is going to charge the 2.9% (for example, there isn't sufficients funds in Paypal and it is withdrawn from my credit card associated with the account), I don't want it deducted from the amount sent - so the payee receives the full amount. 

 

The reverse of that is when I am paid, say, $75, but I only receive that, less some charge. I want the 'bill' to be whatever I am owed, plus what paypal charges me. If it cannot be done automatically, then how can I calculate it before hand without being a mathematical genius (2.9%, plus 30 cents....).

 

Than you.

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sandypurins
Advisor
Advisor

You can use this... http://ppcalc.com ... reverse fee calculator to determine the amounts.

 

-Sandy

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