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since ‎Jan-23-2018
Country: United States
Type: Business
Darwinr08
Darwinr08 Contributor
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Re: Business Transaction Fee Tenant - Platform - H...

by Darwinr08 Contributor in About Business
‎Jan-26-2018 08:50 AM
‎Jan-26-2018 08:50 AM
wrote: @Darwinr08 So what is the intermediate host?  Does it have it's own PayPal account? How do you send PayPal funds?  Do they go to an email address of someone or something? What is the intermediate host?  A "platform" does nothing to explain in technical details what it is or how it operates. Technical details are lacking and they are extremely important. @DPCreations.   User choose its payment method as PayPal the funds are transferred to our platform(Our business Paypal account) and then from here we transfer the money to the property owner(Property owner's Paypal account).  does that give you a better picture? I apologize If I did not make myself clear about this process and thank you for your input.   ... View more

Re: Business Transaction Fee Tenant - Platform - H...

by Darwinr08 Contributor in About Business
‎Jan-25-2018 06:05 AM
‎Jan-25-2018 06:05 AM
@DPCreations wrote: What is the "host" you keep mentioning? When you send a payment you send it to a PayPal member email address.   There is no "host" involved.  My guess is that the fee is because of this "host" you are using or it has to to with international currency issues and that's a totally different fee than a service fee. For you business, you need to take into consideration all fees when you establish your pricing to buyers. @DPCreations host = property owner. what we are trying to implement is something similar to AIRBNB payment system, where they receive the payment from the user hold the money (platform) till arrival date  and release it to property owner(host) once the tenant gets to their final destination(property). But from what I understand once AIRBNB sends the money to the property owner, the full amount is transferred to the owner with no fees or international fees charged.(I understand that AIRBNB's volume is extremely high and in not way compared to what a small start up could be). I was just trying to figure out, if there is a way that this could be done for smaller platforms like ours.      ... View more

Re: Business Transaction Fee Tenant - Platform - H...

by Darwinr08 Contributor in About Business
‎Jan-23-2018 08:24 PM
‎Jan-23-2018 08:24 PM
  @DPCreations wrote: Sorry about SA.  I mis-read the South America; my mind was back visting South Africa. So, all parties are in the U. S. and using U. S. accounts?  None of the funds transfer to South American countries? Just trying to figure out why you would pay a fee on outgoing funds unless there were international transfers involved.   lol No problem....Yeah, some of transactions are going to South America.  I guess this will incur the fee is what you are saying. I was just thinking that Paypal would provide a different approach to this.   ... View more

Re: Business Transaction Fee Tenant - Platform - H...

by Darwinr08 Contributor in About Business
‎Jan-23-2018 07:55 PM
‎Jan-23-2018 07:55 PM
@DPCreations wrote: I don't know why you would have a fee for sending a goods/services payment to another party; it's the recipient who would pay.  Are all transfers within SA and with the SA Rand?  Is the sent money from your PayPal funds balance? All transfers are with $USD, We are based in the U.S. Yeah, We sent the money from PayPal funds balance. ... View more

Re: Business Transaction Fee Tenant - Platform - H...

by Darwinr08 Contributor in About Business
‎Jan-23-2018 07:22 PM
‎Jan-23-2018 07:22 PM
Hi @DPCreations,   Thanks for your suggestion. Bank transfers is one our options on the table just not the route we would like to go. We are trying to make the payment process smoother and faster. Which it actually is but the double trans fee is killing our profit. ... View more

Re: Business Transaction Fee Tenant - Platform - H...

by Darwinr08 Contributor in About Business
‎Jan-23-2018 06:36 PM
‎Jan-23-2018 06:36 PM
  @Whac-A-Mole wrote: for payment under goods and services,recipient always pay a fee,not the sender/   Hi! @Whac-A-Mole, Yes, I understand there should be a fee under payment of goods and services. but once we transfer the money to the third party(property owner) we are charged with another trans fee. I was just wondering if there was a different approach to this. Thanks again @Whac-A-Mole   ... View more

Business Transaction Fee Tenant - Platform - Host

by Darwinr08 Contributor in About Business
‎Jan-23-2018 06:02 PM
‎Jan-23-2018 06:02 PM
Hello All,   I am the owner of small platform which offers accommodations through out South America. One of our Payment gateways is PayPal, but We been having to pay double transaction fee when it comes to transaction among all parts [Tenant Payment (Transaction Fee) -> Platform PayPal Account (Transaction Fee)--> Host] .Paypal is charging me transaction fee when I receive the money from the user and charging me transaction fee  when I send the money to the property host. I don't agree with this double transaction payment fee. has anyone go through a similar scenario? How did you resolved it? Any help would be appreciated. can anyone from Paypal offer a solution? Thank you all in advance! ... View more
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