OT - Does paypal always take a fee regardless of funding source?, Seems I haven't read their Terms of Service closely enough... |
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OT - Does paypal always take a fee regardless of funding source?, Seems I haven't read their Terms of Service closely enough... |
angerosa |
Jul 22 2017, 09:24 AM
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#1
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Member Group: Members Posts: 334 Joined: 21-August 07 From: Reston, VA Member No.: 8,023 Region Association: MidAtlantic Region |
Sold something and buyer said they used bank account as funding source but I got charged a fee and never used to.
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Olympic 914 |
Jul 23 2017, 08:20 AM
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#2
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Group: Members Posts: 1,662 Joined: 7-July 11 From: Pittsburgh PA Member No.: 13,287 Region Association: North East States |
The key here is no fee for F&F when coming from Paypal balance or direct from bank account.
If coming from a credit card there is still a fee. |
Cracker |
Jul 23 2017, 11:41 AM
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#3
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Advanced Member Group: Members Posts: 2,148 Joined: 2-February 10 From: Atlanta (area) Member No.: 11,316 Region Association: South East States |
The key here is no fee for F&F when coming from Paypal balance or direct from bank account. If coming from a credit card there is still a fee. (IMG:style_emoticons/default/agree.gif) |
mepstein |
Jul 23 2017, 02:44 PM
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#4
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914-6 GT in waiting Group: Members Posts: 19,260 Joined: 19-September 09 From: Landenberg, PA/Wilmington, DE Member No.: 10,825 Region Association: MidAtlantic Region |
The key here is no fee for F&F when coming from Paypal balance or direct from bank account. If coming from a credit card there is still a fee. (IMG:style_emoticons/default/agree.gif) I didn't know that but I only have a "special" bank acct tied into PayPal. I had an incident where a buyer tried to chargeback some Fuchs he purchased from me because they were going to cost more to restore than he expected. He claimed to PayPal that they were "defective". PayPal took the money from my checking account and gave it back to him. I challenged the decision and they gave me my money back. Since then, I have it all sent to a separate acct and remove large sums quickly. I sold a 964 trans for $5k to an overseas buyer. The transaction went fine. I still removed the money from my special acct rather quickly in case they here was an issue. If I have to fight PP, I'd rather do it with the money in my pocket than theirs. Like any bank, their terms of service are going to protect them, not the consumer. |
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