PayPal's 'cut'

MsRendrag
Contributor
Contributor

I've used PayPal for years. Today was the first time I didn't receive the full amount the person paid when I did a money request. Does PayPal take a percentage of certain types of transactions? I can't figure out what was different about this one.

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3 REPLIES 3

kernowlass
Esteemed Advisor
Esteemed Advisor

@MsRendrag 

 

You always pay a fee to receive payments from buyers.

The only time you don't is if its a friends/family payment BUT its against paypal rules to accept that sort of payment for selling and can get you banned.


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MsRendrag
Contributor
Contributor

This transaction was someone reimbursing me. ZERO to do with something being sold. so it totally sucks that PayPal stole part of it.

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kernowlass
Esteemed Advisor
Esteemed Advisor

@MsRendrag 

 

In that case......

 

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

1. If sent using money > goods / services option then paypal would see the recipient as a seller and would charge a fee.

2. If sent using the send money > family / friends option then the recipient would have the payment instantly (as long as it wasn't an echeque pending with a clearance date) with no fee. 


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