Can someone help me Palpay - 1st time renting points.

[treloarf]

I read all the stuff about Paypay before I set myself up to receive someone's money for my points. I thought it said "free" for personal accounts.

Here's my question - the person sent me the money it's in my paypal account & over on the far right of the trasaction line, it says "accept" or "deny". When I click on "details", it shows the amount minus a 21.58 fee.

I'm confused - this is a personal account & its for only 800 dollars.

Am I really going to be charged this, if so, I will deny & tell the party to send me a cashier's check.

 

[momsully]

Did you set your account up to accept credit card payments or cash transfers only? If you accept credit cards then you pay a fee.

 

[MarkRG]

Yep, you're reading it right. It's 'free' to pay someone else, it's definitely not free to recieve money from cc's.

 

[jel0511]

There should not be a fee if they are using a cash/debit transaction. If they are using a credit card, and it seems like it with the fee, there is a fee involved with those transactions. It's approximately the fee you're being charged. When I've rented points and given my renter a choice of using Paypal, I always include a fee to cover the fee they will charge me for a credit card transaction. You should first contact your renter and explain why you're going to deny payment before doing it. If the renter really wants to use a credit card, have them cover the fee for you and send you more money, but you'll still receive the $800. If they don't want that, then have them send you a cashiers check or money order.

 

[pchpie]

personal account can RECEIVE MONEY without charge IF THE PAYER SENDS DIRECTLY FROM CHECKING ACCOUT OR PAYPAL BALANCE. any use of cards of any kind and receiver is charged.

 

[treloarf]

yep - she used a credit card & sent me the add'l fee.

Thanks for the info!!!!