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can I use paypal here card reader for my wages? My employer would like to pay wages using debit card or master card into the card reader, is this possible?
thank you
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That's not really the intent of PayPal Here - yes, you could accept the card however, you're going to pay a transaction processing fee because it will appear as a sale. Additionally because the acceptance of the payment looks like a sale, you will need to consider the tax consequences.
It would be best for you to have your employer also have a PayPal account and then he could use the Send Money option and select "Friends and Family" - if your employer uses either his bank account or PayPal Account Balance - then there's no fees for either of you (assuming you're both in the same country). If that's not an option for your employer - then it's best you both get together and decide on a different method.
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That's not really the intent of PayPal Here - yes, you could accept the card however, you're going to pay a transaction processing fee because it will appear as a sale. Additionally because the acceptance of the payment looks like a sale, you will need to consider the tax consequences.
It would be best for you to have your employer also have a PayPal account and then he could use the Send Money option and select "Friends and Family" - if your employer uses either his bank account or PayPal Account Balance - then there's no fees for either of you (assuming you're both in the same country). If that's not an option for your employer - then it's best you both get together and decide on a different method.
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