A Way To Avoid Paypal Fees

[TheCasketMan]

Are you guys tired of getting $45 instead of the $50 dollars the buyer paid you. Paypal keeps increasing their fees, but I found a way to avoid them. If you sell something for $60, tell your buyer to pay you $20 at a time. If you send or receive $20 or less, paypal will not charge you fees, unless they find out about this workaround and change their policy. So if the buyer sends 3 separate payment of $20, you will get the exact $60. This is useful for those members in the trading forum.

Just try to talk to the buyers and try to spread the news.

 

[pyromaniac123]

Or you could just, you know, ask the buyer to cover the fees.

 

[TheCasketMan]

Well, with this method, the buyer doesn't have to pay extra. And Paypal fees are mandatory unless the method is used

I sent my brother $50 once, and Paypal charged me fees, but today, he sent me $40, but $20 at a time, and no fees were charged

 

[Ericthegreat]

Many buyers would find this "sketchy".

 

[Magsor]

Or start using bitcoins.
Actually paypal will protect the buyers. If you get ripped off you can do a claim and they will pay.

 

[TheCasketMan]

Many buyers would find this "sketchy".

True, but that is how saving money always is

 

[GameWinner]

If someone asked me to pay my money in bits I would be a little worried and curious.

 

[FireEmblemGuy]

He probably just sent it as a gift this time - setting it as a transfer to friends or family members negates fees for both parties, but it's not used for transactions as it doesn't include the normal buyer protection plan.

 

[Haloman800]

Or start using bitcoins.
Actually paypal will protect the buyers. If you get ripped off you can do a claim and they will pay.

Bitcoins price is WAY to unstable. Goes from like 10 to nearly 200 in a little over a month, then back down to like 60, then back up, then down, etc.

@TheCasketMan, you could also (if you're sending it to a friend) send it as a "Gift" (google how to do this), you won't get charged fees. When buying something though, do NOT send as a gift, if you do, you cannot dispute it with PayPal should the seller decide not to send your merchandise.

 

[Devin]

I tend to send as gift to trustworthy people. If someone has no feedback, or little feedback. I usually eat, or they eat the fees.

 

[TheCasketMan]

So if I send or receive money as a gift, no fees would be charged, no matter the amount?

 

[Pleng]

Or you could just, you know, ask the buyer to cover the fees.

I think that's against the terms of service.

Besides which any seller asked me to cover their fees I'd tell them to sling their hook. Fees are a seller's issue, not a buyer's

 

[DinohScene]

I tend to send as gift to trustworthy people. If someone has no feedback, or little feedback. I usually eat, or they eat the fees.

Exactly this.

People that are trustworthy/have a good feedback/are known members, I send money as a gift.

 

[pyromaniac123]

I think that's against the terms of service.

Besides which any seller asked me to cover their fees I'd tell them to sling their hook. Fees are a seller's issue, not a buyer's

Against terms of service? wtf are you talking about? How is asking someone to cover fees against terms of service?

 

[Pleng]

Against terms of service? wtf are you talking about? How is asking someone to cover fees against terms of service?

from PayPal's terms of service :

4.5 Non discouragement. In representations to your customers or in public communications, you agree not to mischaracterise or disparage PayPal as a payment method(1). You agree that you will only surcharge for the use of PayPal in compliance with any law applicable to you(2). You further agree that if you do charge a buyer any form of surcharge that you, and not PayPal, will inform the buyer of the requested charge. PayPal has no liability to any buyer where you have failed to inform the buyer of any surcharge. You acknowledge that if you are permitted to surcharge and your further fail to disclose any form of surcharge to a buyer this may constitute a criminal offence by you.

Point 1 - You are not allowed to make PayPal a 'less attractive option'
Point 2 - You must not add surcharges for paying with PayPal unless you are legally obliged to do so.



That's how

 

[pyromaniac123]

from PayPal's terms of service :



Point 1 - You are not allowed to make PayPal a 'less attractive option'
Point 2 - You must not add surcharges for paying with PayPal unless you are legally obliged to do so.



That's how

Asking buyer to cover the transfer fees is not against the terms of service.

 

[Pleng]

Are you guys tired of getting $45 instead of the $50 dollars the buyer paid you.

Or you could just, you know, ask the buyer to cover the fees.

Asking buyer to cover the transfer fees is not against the terms of service.

We're clearly talking about payment fees, not transfer fees.

 

[pyromaniac123]

We're clearly talking about payment fees, not transfer fees.

Yes I confused transfer and payment. Well done.

"Point 2 - You must not add surcharges for paying with PayPal unless you are legally obliged to do so."

Asking the buyer to cover the cost of the payment fee is not adding a surcharge.

 

[dickfour]

Just make more money to offset the fees.

 

[Pleng]

Asking the buyer to cover the cost of the payment fee is not adding a surcharge.

A surcharge is anything over and above the base cost of an item. How do you NOT class asking the buyer to cover the cost of payment fee as a surcharge?