Pay pall taking 0.34 $ of 2 $ ?

D-verse

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I don't have paypal yet, but if I understood it corectly I pay a 0.34$ fee for everytime somebody pays me for something. For example if I tweet for 2$ a advertising tweet that person sends me the money trough paypal and I loes 34 cents which obviously in the long run adds up, not to mention if I do something for 1 $.

The only solution I see is if I get paid a higher sum for multiple things, but it can only work if I do something for the same customer. For individual customers eahc time I lose 34 cents ?


Maybe I am wrong and paypal doesn't operate like this ?


Edit : seems like sites have an account balanced and you cna take them moeny whenever you want. Like I can pile up 50$ and then transfer it to my paypal and only lose 34 cents + 3% instead of losing 34 cents each time. Did I get that right ?
 
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Dude paypal will charge you a minimum fees that's mandatory so no one can change it or by pass it.
 
PayPal will charge merchants or sellers a .30 cent fee plus a surcharge of 1.9% to 2.9% depending on how much you are receiving. They will do this each time you receive money from buyers. There is a special formula for surcharges each time you receive payment. The higher the amount, the lower the surcharge is. For example, for a payment under $3,000 the surcharge fee is 2.9% while anything greater than $100,00, the surcharge is only 1.9%. This is how PayPal earns their money.
 
Dude, you will get all sorts of incorrect answers here. Just go to PP and read their terms. Everything is laid out (and of course 100 % current and correct) on their website.......
 
I got it, they sites pay you out after maybe 20 - 50 $ so oyu only lose 34 cents once for that amount. Cause if you were sending out multiple tweets for 1-2$ dollars and each time you were fined 34 cents that would be about 35% of your entire earnings.


Paypal is number 1, I wasn't trying to knock them.
 
Don't withdrawal the money until the .34 is no big deal, wait until you have $100 the .34 will not matter much
 
Dude, you will get all sorts of incorrect answers here. Just go to PP and read their terms. Everything is laid out (and of course 100 % current and correct) on their website.......

How exactly paypal TERMS are correct ?
$500.00 -$19.30 $480.70 USD
$500.00 -$19.80 $480.20 USD
Payments are sent from the same client in 2 months. The first month i am paying 19.30 and the second month i am paying 19.80.
I haven't received a payment larger than $1000, and my fees are ~4%.
 
Dude, you will get all sorts of incorrect answers here. Just go to PP and read their terms. Everything is laid out (and of course 100 % current and correct) on their website.......

Lol dude, this is not DP or some random bs forum... you are on BHW!

Wish I could neg rep u :D:D
 
They have something called Micropayments. It's 5% + 5 cents per transaction. So that 2 dollars would only cost you 20 cents instead of the 34.

And yes, I think you're right about doing multiple things or raising your prices. With a 30 cent base cost and the automatic 2.9%; it becomes a lot less significant with the higher amounts.
 
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