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Old 03-22-2006, 09:01 PM
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Chad Chad is offline
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Quote:
Originally Posted by Chin_Lee
Ivy
you might want to check your paypal account to see what % they take off each transaction. The fee for each Receive Fund transaction is 2.9% + $0.55 CAD (ie I was charged $2.15 for a $55.25 transaction) which will add up with the number of people sending you various amounts of money.
It might be wise to ask people to send you an extra 4% of the amount they send you.
Isn't this fee applied only if you are recieving credit card payments? If it is cash (bank account transfer) it should be free of charge. If I remember correctly.


I tried to show the table here from paypal. but it wouldn't work properly. anyways.. recieving funds is free for personal accounts... you need a business to recieve credit card payments.. then you have to pay a fee.. otherwise its all free.
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Last edited by Chad; 03-22-2006 at 09:07 PM.
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