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Paypal fees

Discussion in 'Business & Tax Advice' started by SupremeDev, Jul 25, 2012.

  1. SupremeDev

    SupremeDev Junior Member

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    A simple question.
    What's the best possible, cheap way to send $0.1 in paypal?

    I know there are fees, but is there a way to avoid a fee so the recipients can get the exact money I send them?

    Or is sending money including fees the best way? eg: Send $0.41 and the recipients receive $0.1 after fees.
     
  2. pallyD

    pallyD Junior Member

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    Why not just pay for the stamp and mail it to them? Or just ACH them the penny. Skip PayPal though.
     
  3. poweronics

    poweronics Jr. VIP Jr. VIP Premium Member

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    Why would someone send $0.1 through paypal?
     
  4. haki_master

    haki_master Regular Member

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    only way to send money through paypal and there will be no fees sis if you send it as personal , gift or payment owed etc
     
  5. barnone100

    barnone100 Newbie

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    Does Paypal assess the fee to the sender in this case? I didn't think it was possible to send money via Paypal without one of the parties involved paying the fee.
     
  6. haki_master

    haki_master Regular Member

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    nope no fees for sender and receiver in this case if you send as gift , payment owed as personal but take into consideration paypal does not like such payments and could limit the transactions , for obvious reasons as they lose their fees
     
  7. sk8tavou

    sk8tavou Senior Member

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    Send as services mate!i always send them this way and i never get to pay any fees :)
     
  8. haki_master

    haki_master Regular Member

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    but the receiver of your payment pays the fees in this case
     
  9. proxygo

    proxygo Jr. VIP Jr. VIP Premium Member

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    send as a gift
     
  10. bertbaby

    bertbaby Elite Member

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    The problem with gifts is if you claim them as expenses when you do your taxes. In any case you can use a Paypal calculator to reverse calculate the amount received after fees. Paypal is an expensive way to pay contractors.
     
  11. Kimi

    Kimi BANNED BANNED

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    Paypal doesn't take fees on amounts like 0.01$

    Kimi