$40 commission to receive money on Paypal?
LauraSofiaBG
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Posted on
Nov-29-2023
06:23 PM
3 REPLIES 3
kernowlass
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Nov-30-2023
03:15 AM
Paypals fee is deducted from your buyers payment before being credited to your paypal account balance.
Advice is voluntary.
Kudos / Solution appreciated.
LauraSofiaBG
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Nov-30-2023
07:15 AM
Thank you for your answer. I am not a seller- this was someone paying back a personal loan. I didn't realize it is only for businesses. Apparently I have missed that Paypal takes such large commissions for money transfers.
kernowlass
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Nov-30-2023
07:20 AM
If it was someone paying you back then they should have used the friends/family option and not the goods/services option.
As the goods/services option was used then paypal saw you as a seller and applied the fee.
Advice is voluntary.
Kudos / Solution appreciated.
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