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Topic: Funded Paypal Account?

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Subject: Funded Paypal Account?
Date Posted: 10/16/2009 10:26 PM ET
Member Since: 2/22/2008
Posts: 915
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Can someone please explain this to me.  I need to buy some credits and one person said with Funded Paypal they sell credits for $2.50 each.  I have a Paypal account with plenty of money in it. If I buy credits from someone, the money goes out as soon as I enter the person's email address.  If someone buys credits from me all I give them is my Paypal email address.  The strange thing is most of the time I get charged a fee on a sale, but sometimes there is no fee charged.  I haven't been able to find an answer through Paypal.


Mendy -
Date Posted: 10/16/2009 10:28 PM ET
Member Since: 6/16/2005
Posts: 8,262
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When you send money you can now choose to send it as a gift and there isn't supposed to be a fee on either end as long as it is with money in your account or through an instant bank transfer.  It's under the personal tab on the page where you enter the amount.

(ETA - choose send money - enter email - enter amount - click on Personal tab instead of Purchase tab - choose Gift)

Last Edited on: 10/16/09 10:31 PM ET - Total times edited: 1
Date Posted: 10/16/2009 10:46 PM ET
Member Since: 8/23/2007
Posts: 26,510
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I think it's the difference between a Paypal account backed by a checking account or with funds in it and one where the money comes out of your credit card. The fee to accept a credit card transaction is higher.

Date Posted: 10/17/2009 8:41 AM ET
Member Since: 5/17/2007
Posts: 3,129
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Ditto on the "personal" option.  I've been burned by a fee even though the purchaser assured me she had plenty of money in her account already.  If you don't check personal, PayPal will still claim its fee regardless of how much money is sitting in your account.

Date Posted: 10/17/2009 12:16 PM ET
Member Since: 4/25/2007
Posts: 11,832
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When you send the money, if you choose "goods/services" then you get charged the Paypal fee.  If you choose the gift option, the recipient is not charged a fee.