When did PayPal restructure their fees?

Planterz

Planterz

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I just noticed that it's now free to receive funds for personal accounts. Fees only apply to Premier/Business accounts, which allow credit cards to be used. Credit cards previously were able to be used by anybody, even personal accounts, but now it only applies to Premier/Business accounts.

Sounds good to me!

It must have been done fairly recently (past month or so).
 
Sounds like a scam to me. Tell you what... Send me, say, a hundred bucks. I'll let you know if they slammed me with a fee. :cool:
 
A few weeks ago, a "memo" from the current eBay CEO was sent to all members. It explained the new fee increases and reductions on eBay and I believe it mentioned changes to PayPal, which eBay owns.
 
When buying from a private ownwe, paypa; really has no way of knowing what you bought.
In an Ebay auction, the auction and item is listed in the paypal transaction.
If you buy from a private owner, paypal just has a button you click on that says "merchandise".
Thus, they don't even have a way to search their internal database to see exactly what was bought.
As far as the fees for personal accounts, well - I've had many account for a few years, and as far as I remember, there were never fees involved unless you upgraded you account.
There is, however, a limit on how large the transaction can be if you're using a personal account.
 
It's always been free--just depends on what options you have set your account with. I've had an account for 4 years with no fees. Register your checking account or link a credit card to your Paypal account and you have unlimited transfer amounts between your accounts.


Planterz said:
I just noticed that it's now free to receive funds for personal accounts. Fees only apply to Premier/Business accounts, which allow credit cards to be used. Credit cards previously were able to be used by anybody, even personal accounts, but now it only applies to Premier/Business accounts.

Sounds good to me!

It must have been done fairly recently (past month or so).
Click to expand...
 
silenthunterstudios said:
Can you buy or accept payment for balis and autos still, Planterz?
Click to expand...
If you're asking me personally, yes, I'll accept payment for balis and autos. :D

And unless paypal somehow as some miraculous insight as to what people are buying/selling (or do it with ebay), they've no way of knowing what 2 people are doing. They just handle the transaction.
 
The way I understand Paypal is that if you set up a "Personal" account you can receive money without any fees deducted as long as the source of the incoming funds is a direct transfer from someone's linked checking account or from their Paypal balance (i.e. not from a credit card). But (and this is a big but!), if you do accept someone's payment that is funded by a credit card, Paypal will automatically "upgrade" your account to 'premier/business' status and deduct fees. Then, any payment you receive whether from chk account/balance/or credit card will be subject to fees. And I don't believe there is any way to "downgrade" to Personal again, other than setting up a new account.

If this has changed at all, where they distinguish btw credit card and non-cc transactions, that would be great, but I doubt they would elect to collect fewer fees.

I recall when I first set up my Personal account several years ago, they allowed a set dollar amount in credit card funds to be received w/o fees and w/o "upgrading". But that changed pretty quickly.
 
OK, I just received a paypal, and they still took out a fee. WTF?
 
OK, I get it now. My account is setup to be a "Premier Account". I guess it's always been that way, or when they redid their fee/account structures, that's what mine rolled over too. So I assume most everybody's is like that.

I'm going to set up a new account, a Personal Account (which has no fees).
 
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