How to avoid (most) Paypal fees

[el es dee]

most of you use paypal and charge extra for the fees. there is a way to avoid most of these fees. on the bottom of the account screen, there are several links in blue. from left to right its "mobile" "mass pay". click on mass pay. follow the instructions on paypal. mass pay, enables the one paying to bypass any charges on the sellers end. instead, what happens is the buyer pays a $1 fee. thats it. this method is especially usefull when orders are over $100.

feel free to ask any questions or flame the hell out of me

[stadsvandringar]

How the hell does this work and how come no one's mentioned it before???

[sliver]

is this a change the buyer or seller makes? or does it have to be both?

[cmirsky]

Looks like each buyer would have to go through the mass payment process..

Some buyers might be understandably hesitant. I'm definitely going to ask my buyers next time I sell something of high $$ value though.

[Swych]

or just use google checkout.

[chronoaug]

google checkout takes out fees as of last february. Still only 2% unlike paypal's 4-6%

[Swych]

shit i just bought something today without knowing that

[zoso_88]

Yea I've gotten someone to do it once before but it doesn't work for me though, like I can't do it for other people. I think you have to have a verified premier account, I have both but it still doesn't work lol

[DJI]

you don't get charged anything if you have a personal account and receive payments from any method other than credit card.......

[el es dee]

only the buyer can do this. but what i do as the seller is make up the .txt file and send it to them so that all they have to do is upload it into paypal and click send. its really very very simple

[el es dee]

How the hell does this work and how come no one's mentioned it before???

its not mentioned before because very few people know about it.

[cmirsky]

I just created a mass payment file to see how it works.

The buyer must already have the balance he wants to send available in his paypal account. The buyer can't choose a credit card for payment, etc.

[el es dee]

yes this is true

there are of course limitations to it. but if you have the money in your paypal acct, it will save everyone money

[Handlethevibe]

But also if you're buying something with just a paypal balance, you're totally fucked, because paypal won't do shit if you get ripped off. Whereas if you use credit card through paypal, if you get ripped, you can do a chargeback.

[cmirsky]

/\ Yep. Unfortunately this wouldn't be very helpful in most circumstances.

Thanks for the heads up though, el es dee. It's interesting.

[goat]

But also if you're buying something with just a paypal balance, you're totally fucked, because paypal won't do shit if you get ripped off. Whereas if you use credit card through paypal, if you get ripped, you can do a chargeback.

actually, from what i've read, this is false (i've never had to do it, so i can't speak from experience)

apparently in the terms of service it states that you give up the ability to do chargebacks when you use Paypal. Ergo, the only way to get your money returned if you get fucked is through the resolution centre.

http://www.paypalsucks.com/credit-card-waiver.shtml

[sliver]

actually, from what i've read, this is false (i've never had to do it, so i can't speak from experience)

apparently in the terms of service it states that you give up the ability to do chargebacks when you use Paypal. Ergo, the only way to get your money returned if you get fucked is through the resolution centre.

http://www.paypalsucks.com/credit-card-waiver.shtml

i don't know anything about official policies on this topic, but i'm pretty sure i've read about people successfully doing CC chargebacks for paypal purposes on AF.

[terrible!]

This is immoral. As such I will continue to pay the %4 i rightfully owe to paypal.

NOT! LOOOOOOOL

[el es dee]

This is immoral. As such I will continue to pay the %4 i rightfully owe to paypal.

NOT! LOOOOOOOL

im a sinner so morals dont matter for me

[el es dee]

i don't know anything about official policies on this topic, but i'm pretty sure i've read about people successfully doing CC chargebacks for paypal purposes on AF.

i know they have, someone did it to me. i will win the dispute but it ties up all the money for like 3 months

[crucialkc]

what'd they do it over? I think I might have to do a chargeback on this guy. It's been 3 weeks since I paid and I haven't received shit, not even a response.

[HermitEdge]

Can I use the mass pay option if I'm in the US and the other party is in the UK? I would be the one sending him money through paypal. Just curious if i will be charged only a $1, since this will the 4% plus the exchange fees.

[mylon]

can you receive money through paypal if you're just using your credit card?!

[el es dee]

Can I use the mass pay option if I'm in the US and the other party is in the UK? I would be the one sending him money through paypal. Just curious if i will be charged only a $1, since this will the 4% plus the exchange fees.

in this case i am not sure. your best bet would be to check paypals rules

[el es dee]

can you receive money through paypal if you're just using your credit card?!

if you have an account, you can recieve money. im not sure if this is what your asking though

[HermitEdge]

weird, they told me the 2.9% + .30 is still assessed towards the recipient.

Thank you for contacting PayPal,

Hello my name is Maria Korazon Krishna, I am sorry to hear about the

situation regarding mass payment and the fees attached to it, and I

understand your frustration and concern over this issue. I am happy to

assist you with your questions.

Only the receiver of the payment will be charged 2.9%+30cents but for

the sender of the payment no fees will be assessed. The table of fees is

below explains how fees are charged:

Mass Payments are assessed a small transaction fee for each payment in

the Mass Payment.

· A fee of just 2% of the payment amount with a cap amount per

payment. The cap amounts in all available currencies are:

· USD 1.00

· CAD 1.25

· EUR 0.85

· GBP 0.65

· JPY 120

· AUD 1.25

· CHF 1.30

· NOK 6.75

· SEK 9.00

· DKK 6.00

· PLN 3.00

· HUF 210.00

· CZK 24.00

· SGD 1.60

· HKD 7.00

· NZD 1.50

· TWD 32.00

· There is a minimum fee for each individual payment in the Mass

Payment

· The fee is assessed at the time of the Mass Payment

· The balance that is in the PayPal account must cover the fees as

well as the total amount of the Mass Payment

Note: No fee is charged to the recipient, including Business and Premier

accounts.

We appreciate your patience and understanding regarding this matter, and

wish you continued success on PayPal.

[el es dee]

nice research!