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Old 05-02-2006, 06:06 PM   #8
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I wish I could turn the tide!
Join Date: Apr 2006
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Re: When someone pays with cc on paypal..

Originally Posted by MamaZ
Is there a standard fee for the funded paypal? I can never seem to figure out the fee? For $5 they take 45 cents and for $10 they take 79 cents....I'm baffled and I can't seem to find my answer on the paypal website. I thought receiving funded paypal was suppose to be cheaper?
It depends on whether or not you have a premier PP account or not. If you have ever accepted a cc payment you'll automatically get upgrated to the 'business' level and from then on regardless if you receive funded or cc payments, you have to pay fees! That's why many of us have 2 diff. accounts. (I had to learn the hard way too.. after months of losing $ b/c of not knowing any better! )

To figure out the fees, it's like the other mamas already said: 2.9%+ 0.30$
So your total + 0.30 divided by 0.961 (I think? )
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