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Charged £1 to receive a payment from a friend?

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Charged £1 to receive a payment from a friend?

Hi. I have a personal account and a friend sent me £24. I’ve been charged £1 by PayPal - does anyone know why? I’ve not been charged previously...
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Esteemed Advisor

Re: Charged £1 to receive a payment from a friend?

@Youthster 

 

Its down to how the payment was SENT to your account.

1. If they sent using money > goods / services option then paypal would see you as a seller and apply the new seller hold. They would also charge you a fee.

2. If they had sent using the send money > family / friends option then you would have had the payment instantly with no fee. 


Advice is voluntary.
Kudos / Solution appreciated.

View solution in original post

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Highlighted
Esteemed Advisor

Re: Charged £1 to receive a payment from a friend?

@Youthster 

 

Its down to how the payment was SENT to your account.

1. If they sent using money > goods / services option then paypal would see you as a seller and apply the new seller hold. They would also charge you a fee.

2. If they had sent using the send money > family / friends option then you would have had the payment instantly with no fee. 


Advice is voluntary.
Kudos / Solution appreciated.

View solution in original post

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Contributor

Re: Charged £1 to receive a payment from a friend?

Thanks - yes, that does make sense!