First time user for receiving money not sending it.

[Lorrie]

This is my first time using Paypal to receive money.  How does this work?  If an item is 80.00 how much of the 80.00 do I get?  Just checking before I try this out.  Can someone please walk me through this process!  Thanks

[skier]

Fees are explained here.

$80.00 x 2.9% = $2.32  +  $.30 =  $2.62  is PayPal's Fee

$80.00 - $2.62 = $77.38  is what will be deposited into your Account

If you have a Personal Account you should upgrade to either a Premier or Business Account.   Personal Accounts have limitations and are not intended for sales transactions.

Regards,

skier