For PayPal.Me, is someone donates you under $0.30, would you lose money?

TheDuckSneezes
New Community Member

When using the PayPal.Me link for business reasons, I read in the PayPal agreement that they charge you (the owner of the account):

2.9% + $0.30USD = total fee per transaction (from a person sending you money)

 

If someone donates under $0.30, would you lose money?

 

Because the calculation would go like this:

  1. Person Donation = $0.01
  2. Person Donation * 2.9% + $0.30 fee = Transaction fee = $0.30
  3. You earn: Person Donation - Transaction Fee = -$0.29

 

Login to Me Too
0 REPLIES 0

Haven't Found your Answer?

It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.