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Paypal Charges? Hi Guys, Recently I had 2 transactions using Paypal. 1) A friend of mine transferred $10 to my account and ... |
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#1 |
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Undercover Rider!
Join Date: Apr 2007
Location: Surendranagar
Posts: 4,194
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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) |
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#2 |
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The Great Gambler
Join Date: May 2008
Location: Kolkata
Posts: 1,339
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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.
__________________
Love Me For A Reason, Let The Reason Be Love. |
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#3 |
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Banned
Join Date: Aug 2008
Location: Delhi
Posts: 611
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![]() Alertpay Escrow Mal's E-Commerce Moneybookers Paypay |
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#4 |
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Undercover Rider!
Join Date: Apr 2007
Location: Surendranagar
Posts: 4,194
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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. |
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#5 |
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Administrator
Join Date: May 2006
Location: New Delhi, India
Posts: 22,139
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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. |
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#6 |
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Undercover Rider!
Join Date: Apr 2007
Location: Surendranagar
Posts: 4,194
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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.
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#7 |
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Administrator
Join Date: May 2006
Location: New Delhi, India
Posts: 22,139
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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.
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#8 |
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Undercover Rider!
Join Date: Apr 2007
Location: Surendranagar
Posts: 4,194
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Thanks YS. Do you know of any similar service which has lesser charge?
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#9 |
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Administrator
Join Date: May 2006
Location: New Delhi, India
Posts: 22,139
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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.
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