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Transactions fees is not a new thing, but the +20p FEE is new! (Brought in about 1 year ago) In the past the fee was just a percentage so if you make a sale of £100.00 and the transaction fee was 3.4% then PayPal would keep £3.40.
If I click Activity > Statements > Custom, there is no "Financial summaries" option. If I select any transaction type and create a report in CSV format, there is no column for PayPal fees in the resulting report. If I click Standard instead of Custom and download monthly account statements for the year 2019, I see a column for PayPal fees, but ...
Under PayPal policies, it’s the seller that pays the fees on goods and services (commercial) payments with the caveat: No surcharges. You agree that you will not impose a surcharge or any other fee for accepting PayPal as a payment method.
PayPal kept all the fees and I am now in the process of getting eBay payments going instead. I understand if they want to keep the $0.30 but the 2.9% is just greedy. **bleep** PayPal if they want to keep the fees.
Depending on your country, it may be against PayPal's policy (and the policy of credit card companies) to pass on the transaction fee to the buyer. Typically, merchants may not charge a fee or surcharge to the buyer for accepting PayPal payment methods and/or credit card payments. Handling-fees are typically legal.
I see. PayPal has changed the interface. So now when you send money it auto-selects "Paying for an item or service" and does not stipulate the recipient will pay a fee! Thanks for the great answer @kernowlass, I will inform my friend. And PayPal, if you're listening, thanks for costing me money. Well played!
You agree that you will not impose a surcharge or any other fee for accepting PayPal as a payment method. You may charge a handling fee in connection with the sale of goods or services as long as the handling fee does not operate as a surcharge and is not higher than the handling fee you charge for non-PayPal transactions.
Of course it’s a scam. Screenshots can be faked. If any transaction fee is applicable/due, PayPal automatically deducts it from the incoming payment and put the rest in your account instantly. You do not pay the fee separately first in order to receive payment.
I receive money weekly without a transaction fee, but this time PayPal charged a fee on my transaction and deducted it from the transfered amount. I know there are fees for selling or requesting money, but I didn't sell or requested money. That's why I was surprised that I got charged a fee just for receiving money this time. Thank you, Jerry
You agree that you will not impose a surcharge or any other fee for accepting PayPal as a payment method. You may charge a handling fee in connection with the sale of goods or services as long as the handling fee does not operate as a surcharge and is not higher than the handling fee you charge for non-PayPal transactions.