India Travel forum


Paypal Charges? Hi Guys, Recently I had 2 transactions using Paypal. 1) A friend of mine transferred $10 to my account and ...



Register today at BCMTouring Travel Forums

Reply
 
Thread Tools
Old 17-10-08, 04:37 PM   #1
www.its2hot.in
 
Prasham's Avatar
 
Join Date: Apr 2007
Location: Surendranagar
Posts: 2,230
Paypal Charges?
Hi Guys,

Recently I had 2 transactions using Paypal.

1) A friend of mine transferred $10 to my account and I was charged $ 0.64. That is 6.4%.

2) Today I received $ 6 from some other source and they charged $ 0.53. That is almost 9.0%.

This is nothing less than loot. Is there any other service that charges less. (I know paypal to paypal charge is nil but what about rest)
Prasham is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit!
Reply With Quote
Old 17-10-08, 04:46 PM   #2
The Great Gambler
 
abhi1975's Avatar
 
Join Date: May 2008
Location: Kolkata
Posts: 1,077
Re: Paypal Charges?
Another similar service is Alertpay

www.alertpay.com

I received funds in that a/c a couple of times, nothing was deducted. But you should make certain also.
__________________
Life Is Beautiful. It Is Not Easy Messing It Up.
abhi1975 is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit!
Reply With Quote
Old 17-10-08, 05:03 PM   #3
My Road Is My Destiny...
 
booobooo's Avatar
 
Join Date: Aug 2008
Location: Delhi
Posts: 516
Re: Paypal Charges?


Alertpay

Escrow

Mal's E-Commerce

Moneybookers

Paypay
__________________

“Pour out thy love like the rush of a river,
Wasting its waters forever and ever,
Through the burnt sands that reward not the giver:
Silent or songful, thou nearest the sea”.
booobooo is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit!
Reply With Quote
Old 17-10-08, 07:19 PM   #4
www.its2hot.in
 
Prasham's Avatar
 
Join Date: Apr 2007
Location: Surendranagar
Posts: 2,230
Re: Paypal Charges?
Thanks guys.

Abhi, Even I have received money many times in my paypal account. The issue is that when someone transfers money using his credit card, the charge their fees while if the money is send directly from someone's paypal account, they don't charge anything.
Prasham is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit!
Reply With Quote
Old 17-10-08, 11:11 PM   #5
Administrator
 
Yogesh Sarkar's Avatar
 
Join Date: May 2006
Location: New Delhi, India
Posts: 11,491
Re: Paypal Charges?
Prasham did they transfer the money through their credit cards or have you switched to premier/business account? Because if they paid through credit cards then the following fees get levied:

4.9% + $0.30 USD (limit of 5 transactions per 12 month period) (Paypal fees)

For small transactions through credit cards, it can turn out to be expensive.
Yogesh Sarkar is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit!
Reply With Quote
Old 18-10-08, 11:53 AM   #6
www.its2hot.in
 
Prasham's Avatar
 
Join Date: Apr 2007
Location: Surendranagar
Posts: 2,230
Re: Paypal Charges?
Thanks YS. I saw it yesterday. They just ripping us off. They had asked me to switch to premier account which I did and then I had to pay this charge. But now I have requested them to switch me to personal account so that I may not have to pay much charge.
Prasham is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit!
Reply With Quote
Old 18-10-08, 12:12 PM   #7
Administrator
 
Yogesh Sarkar's Avatar
 
Join Date: May 2006
Location: New Delhi, India
Posts: 11,491
Re: Paypal Charges?
Well you can only downgrade once so make sure you don’t upgrade again unless you really need it. But one can’t really blame them; they have to make money somewhere. Plus benefits of premier and business account outweigh the fees that you have to pay.
Yogesh Sarkar is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit!
Reply With Quote
Old 18-10-08, 02:58 PM   #8
www.its2hot.in
 
Prasham's Avatar
 
Join Date: Apr 2007
Location: Surendranagar
Posts: 2,230
Re: Paypal Charges?
Thanks YS. Do you know of any similar service which has lesser charge?
Prasham is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit!
Reply With Quote
Old 18-10-08, 03:39 PM   #9
Administrator
 
Yogesh Sarkar's Avatar
 
Join Date: May 2006
Location: New Delhi, India
Posts: 11,491
Re: Paypal Charges?
There are plenty of money transaction services but none of them are as widely used as Paypal especially by majority of the hosts and online services.
Yogesh Sarkar is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit!
Reply With Quote
Reply
Thread Tools


Similar Threads
Thread Thread Starter Forum Replies Last Post
Adventure Gear: Hire Charges Yogesh Sarkar Travel and automotive gear 10 29-04-08 02:31 PM
Trai slashes roaming charges by up to 56% Yogesh Sarkar Off Topic 0 25-01-07 06:31 PM


All times are GMT +5.5. The time now is 01:05 PM.


Content Copyright © 2006-2008 BCMTouring.com
Content Relevant URLs by vBSEO 3.2.0
Powered by vBulletin® Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.