Fee's on Donations

Gatorpan
Contributor
Contributor

Let me get this straight Paypal charges a fee of 2.90% on donations.   So if someone has just experienced a cataclysmic loss such as their house burns down or is blown away by a tornado.  Paypal charges $2.90 on every $100 donated to a PayPal account to help people that have nothing get back on their feet but charge no fee on personal transactions why would anybody use the donation function and is it disclosed when the sender using the donation function that a fee will be charged to the recipient and no fee will be charged if the money is just sent PP to PP account?

  

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kernowlass
Esteemed Advisor
Esteemed Advisor

@Gatorpan 

 

Paypal charges a fee if you are a seller selling goods or services. The seller would pay that fee on receipt of the buyers payment.

 

If you are sending a gift payment to a family member / mate etc  then you would use the friends and family option.

With the friends and family option its free within your own country as long as its funded via funds already in your balance OR from your bank account. If you fund it via a card then you pay the card issuers fee, the sender in this instance would pay the fee when they send the money.

 

OR you could set up a money pool to accept donations to pass on to someone in an emergency.


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