Personal ePayments and Paypal

[oshta]

Ive just had printed a batch of window stickers (250) for a forum i run. And im now looking into the neatest way for about 50 members to pay me £4 for a pair of stickers!

I have a paypal acount, and beleave its possable to do inter-paypal payments for free. But if there directly funded by a credit card, there a fiarly large surcharge, and i can only do two a year, or somthing daft?
- Can some one explan exactly what the situation there is, is that latter just if the other person doesnt have a paypal? I had one like that when i sold somthing, but didnt enquire.
- If the other member has a paypal (about 60% do) can do free acount-account transfers with that?

Alternativly is there another way i can transfer a load of small amount of money about easly?
Can i set up a little mini online shop or somthing? No Chex? Personal bank transfers?

Sorry, i just really havent done this at all before, i only got my own bank account two years ago when i moved to uni. Though 6th formi just worked cash-in-hand keeping money in a book. lol.


Daniel

[oshta]

Can anyone just confirm that you can send money between (personal) paypal counts without a surcharge?

I beleave this to be the case, with only payments from people without paypal acounts, who are using a credit card directly, attracting a surcharge. And also being limited to two per month, or somthing. With a personal account?

Ive just spent an hour on the paypal site, and im really not geting anywhere with this!


Thanks, Daniel

[schmunk]

It certainly used to be the case.

[joshwa]

I ALWAYS get charged when receiving money into my paypal account regardless of where it's come from (even if it has just come from someone elses paypal account)

[pauldarkside]

Well according to this page, it's free to send money and free to receive money into your PayPal balance provided the payment is made using the same currency as yours. A fee would be applicable if you wanted to withdraw less than £50 but that's only £0.25 per withdrawal.

Hope that helps.

[wrathamon]

If you have a "Personal" PayPal account, you can only receive funds made from somebody from their PayPal balance, and you will not be charged any fee. Bank/Credit Card funded payments cannot be received at all if you have a Personal account.

If you have a "Premier" or "Business" PayPal account, you can receive payments no matter how they are funded but EVERY payment received will have a fee deducted of 3.4% + 20p

Withdrawing funds from PayPal to your bank account (no matter what PayPal account type) is free for £50 or over, else 25p fee.

[oshta]

Ahh, thats the page i need paul.
- So my account it a personal account, so i can receave (and send) payments from any other paypal acount for free, as long as there not 'credit card funded'
- And that money then ends up in my paypal balance, which i can transfer out if i wish (25p charge if under £50), or i guess just leave in untill i next buy somthing of ebay?

Also, when i sold something i got a someone who paid using a 'credit card funded' thing, which used up one of my two-per-year solts, and cost 50p in charges or somthing.
- Is that just when someone without a paypal acount uses paypal to pay me?
- Becuase obvously nearly all paypal accounts are funded intially from a credit card? no?

Sorry to be really slow on this, but ive got a head cold like knowones bussiness, and as im going to be doing it like 50 times, at £4 a pop, i would like to get it roughly right first time!! Although im planning to process just one or two at the bigginging.


Daniel