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Welcome changes to Paypal charges |
cueman
Home away from home Joined: 14-Mar-2006 Posts: 1423
From: Coventry
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Posted: 2008-06-17 12:38
"Effective from 9 July 2008, PayPal will change its fee structure to make it more attractive for our UK customers to send personal payments. We are pleased to announce that:
PayPal will not charge a recipient (regardless of their account type) of a PayPal payment if that payment was funded by the sender's bank account or PayPal balance and it is designated a Personal Payment
PayPal will apply a fee for payments received for Personal Payments or Commercial Payments if such a payment is funded by a credit or debit card, however for Personal Payments funded by a card, the sender will have the option of paying the fees for that payment"So if you are sending payments funded from bank account or paypal balance there is no charge, and if you are funding from credit/debit card you can opt to pay the charge yourself, this will simplify paying tournament entries by paypal a little  -----------------  Andy Warden, GB9 - Authorised Pro9 forum advertiser/sponsor √
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Riggers
Home away from home Joined: 30-Mar-2006 Posts: 4454
From: Barnsley (centre of the universe)
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Posted: 2008-06-17 12:51
It won't help for GB9 payments unfortunately as that's not a personal account.
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maddog
Home away from home Joined: 16-May-2006 Posts: 241
From: NW London
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Posted: 2008-06-17 13:59
Riggers, It is written above that the recipients account type does not matter as long as the payment is from paypal funds and is designated by the sender as being a "personal payment"
...or at least that is how it reads to me!
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