Paypal Charging Fees to Person to Person Fund Transfers

Paypal Charging Fees to Person to Person Fund Transfers



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It seems that Paypal is now charging fees for receiving payments even if it is person to person fund transfers. Previously, only credit/debit card transfers are charged with such fees but now, even person to person transfer get charged.

I got some funds recently and when I checked the transaction details, indeed some paypal fees were deducted.

This discussion was also in a local yahoogroup. Here’s a email response by paypal a local member of the yahoo group

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Dear Joedel Sanvictores,

Thank you for contacting PayPal.

As of June 4, 2009 all PayPal accounts receiving payments will have a
fee assessed. The fee will be the standard fee as laid out in the fee
schedule.

I wish you the best with your future transactions.

Sincerely,
Devon
PayPal Resolution Services
PayPal, an eBay Company

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This means an added cost to paypal transactions. We may see an increases in prices for any goods that uses paypal as their payment facility.



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