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Archive 2012 · PayPal Question
  
 
cameron12x
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p.1 #1 · PayPal Question


It appears that Paypal charges "about" 3% if you want to send money to someone as a "gift."

Upon receipt, does the receive also pay a fee of some sort? Or is that money free to deposit into their regular bank account?

Thanks!



Feb 12, 2012 at 04:17 AM
trenchmonkey
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p.1 #2 · PayPal Question


No, you just paid the 'fees' for them. Funds are ready to use but actual transfer to the
bank account can take usually take 2-4 business days.



Feb 12, 2012 at 12:01 PM
Binh Ly
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p.1 #3 · PayPal Question


cameron12x wrote:
It appears that Paypal charges "about" 3% if you want to send money to someone as a "gift."


For gift payments, I believe you get charged the 3% only if you pay by credit card. If you use your bank account, there is no charge for gift payments.

And Will answered your question...



Feb 12, 2012 at 12:18 PM
trenchmonkey
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p.1 #4 · PayPal Question


Thanks, Binh. Yup, if it's available PP balance or out of tied in checking there is no charge.
Must add: know who you're dealing with as it's just like mailing cash...with no recourse if things head south.



Feb 12, 2012 at 12:49 PM
Ernie Aubert
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p.1 #5 · PayPal Question


Know who you're dealing with in any case; if the seller can show Paypal evidence that they sent your item to any address at all, Paypal is satisfied. If they send it to a friend or relative at an address unrelated to the one you specify, it's tough luck. I know - this happened to me, and Paypal denied my claim since the seller showed that the item had been sent.


Feb 12, 2012 at 03:49 PM





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