$1,000 fee?

Jerlene · 06-20-2007

If someone gives me a thousand dollars via PayPal, how much will PayPal take from it?

Just need a rough estimate.

Lee · 06-20-2007

I believe they take 20p (40 cents) + 3.4%. So that would be $34-35

khulja · 06-20-2007

i don't think they charge u for receiving money...if people send u $1000 i think u will receive $1000 in ur paypal account

Lee · 06-20-2007

Good point, I misread that - you'll receive the full £$1000 - the sender will cop the fees.

Sama3L. · 06-20-2007

35$ is alot of cash they make cash from your money any way i hate how they charge for the service.

rts47 · 06-20-2007

I dont think it is a big fee when considering the job they have been making.They have the largest payment processing options for the people and most of the merchants use paypal for their products.Without them how can you sell your product and get your money instantly?

Jerlene · 06-24-2007

The person receiving the money gets the fees and the sender doesn't. Trust me, I've been at this a long time, just never got a bulk buy like that at once.

entree · 06-28-2007

Quote:

Originally Posted by Jerlene

The person receiving the money gets the fees and the sender doesn't. Trust me, I've been at this a long time, just never got a bulk buy like that at once.

Jerlene, you're exactly correct.

Some sellers on eBay won't have anything to do with PayPal, 'cause the seller loses a good piece of their sale.

Thank you,
-entree