
07-29-2007, 14:19
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Re: Excessive Fees with Paypal
Paypal charges 30 cents per transaction and then 3.4%. Thus you keep 66 cents in a dollar transaction and $9.36 in a $10 transaction. So make your transactions bigger, if possible.
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Originally Posted by booster20002005
Yesterday I upgraded to a Premier account to be able to accept payments with credit cards through ebay.
On the other hand I am a member of a PTR program that already paid me 5 times. Each time $1. And I have never been charged by paypal. I always received the $1 sharp.
Now after I upgraded my paypal account, I cashed out at my program again for $1. To my surprise when I went to check the transaction on PayPal, I saw that the fee is $0.34. So each $1 I am going to pay PayPal $0.34. Sure they are getting rich. What is funny is that next to the $1.00 there is this option: Print shipping label. It's like they are considering that I sold something on ebay. If I have to pay 34 cents for each $1 then it's not worth it to continue with these programs.
Well I don't know what to do. Did you have an experience like this? Should I contact Paypal? How much does paypal charge you when you receive payments from your GPT programs?
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