Webmaster Forum  

Go Back   Webmaster Forum > Marketing, SEO and Development > Payment Processing
User Name
Password
Register FAQ Members List Calendar Transactions Store Search Today's Posts Mark Forums Read


Excessive Fees with Paypal

Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 07-26-2007, 02:39
booster20002005
Senior Member

booster20002005's Avatar

Join Date: Jul 2007
Location: India
Posts: 209
Trader Rating: (0)
Points: 56 (Donate)
5 F$/Referral Refer Friends
booster20002005 is on a distinguished road
Default Excessive Fees with Paypal

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?
booster20002005 is offline
Reply With Quote
  #2  
Old 07-29-2007, 14:19
ChinaSearchAds
Junior Member


Join Date: Jul 2007
Posts: 10
Trader Rating: (0)
Points: 1 (Donate)
5 F$/Referral Refer Friends
ChinaSearchAds is on a distinguished road
Default 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.
Quote:
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?
ChinaSearchAds is offline
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Unverifed Paypal Members - Now Get Verified even without a Credit Card! booster20002005 Payment Processing 23 06-24-2008 21:25
paypal fees, how to avoid? diego018 Payment Processing 8 07-30-2007 02:58
recieve your paypal money to india through www.xoom.com booster20002005 Payment Processing 0 07-26-2007 02:38
Recieve your paypal money to india booster20002005 Payment Processing 2 07-23-2007 00:04
Is it safe to click pay now by paypal in Ebay booster20002005 Payment Processing 2 07-06-2007 01:42

Resources : | Advertise at FHF | itextLink.com| Reseller Hosting| TextDot| iNamePros| Any Webmaster| Web Host| Dep3| cheap low cost web hosting reviews|


All times are GMT -4. The time now is 11:34.


Powered by: vBulletin
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.