HWAHWA
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posted on April 27, 2011 09:21:36 AM new
There was a thread month(s) ago where somesone asked what is Paypal fee for e check?
It is 5 dollars,I have an echeck pending right now for $1050 and Paypal fee is $5.
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There is no 'Global savings glut',only wild horses and loose bankers.
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toolhound
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posted on April 27, 2011 11:20:53 AM new
I had one last week and there was no $5.00 fee.
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HWAHWA
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posted on April 27, 2011 12:02:20 PM new
how much is the payment?
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There is no 'Global savings glut',only wild horses and loose bankers.
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pmelcher
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posted on April 27, 2011 01:43:13 PM new
I thought the PayPal fee what the same for e-checks as regular PayPal - whatever percentage they are charging.
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shagmidmod
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posted on April 27, 2011 01:52:23 PM new
Purchases are 1.9-2.9% + 30 cents. This is for credit cards and e-checks.
Transfers are FREE if it is from a Paypal balance OR Checking Account.
The difference: Purchases are for items bought, transfers are moving money between accounts.
HWA- I think they are charging you Paypal's new HWA fee. lol.
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HWAHWA
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posted on April 27, 2011 02:01:06 PM new
This is shown on my Paypal item page-
Total amount:
$1,050.00 USD
Fee amount:
-$5.00 USD
Net amount:
$1,045.00 USD
/////////////////
Now,this check has not cleared yet,I will report back when it clears to see if this $5 fee sticks.
Come to think of it,it is really ACH automated clearing house between PAYPAL and the buyer bank account,equivalent to our online banking,there is no fee involved,so Paypal is charging $5 for its service !
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There is no 'Global savings glut',only wild horses and loose bankers.
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toolhound
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posted on April 27, 2011 02:15:46 PM new
Total amount:
$51.29 USD
Fee amount:
-$1.58 USD
Net amount:
$49.71 USD
Status:
Cleared
Payment Type:
eCheck
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wgonzales
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posted on April 27, 2011 02:31:10 PM new
If the past, there was some type of payment that when taken from certain accounts (maybe the buyer's bank acct.?) had a maximum $5. fee. Don't remember the details, as it didn't happen for me very often.
I have never noticed a difference in echeck and regular payments.
[ edited by wgonzales on Apr 27, 2011 02:31 PM ]
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HWAHWA
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posted on April 27, 2011 04:15:59 PM new
arent echecks taken from bank account?
If not from bank account,then where is it coming from?
It sounds too good to be true,$5 from $1050 purchase is only 0.476 %.
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There is no 'Global savings glut',only wild horses and loose bankers.
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HWAHWA
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posted on April 28, 2011 06:29:21 AM new
UPDATE-
check cleared,$5 is Paypal fee.
payment $1050,Paypal fee $5
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There is no 'Global savings glut',only wild horses and loose bankers.
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shagmidmod
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posted on April 28, 2011 09:52:45 AM new
I would look at their fee schedule to see what the fee is for. Is it an international payment? Possibly a currency exchange fee? I am still going with a special HWA fee.
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HWAHWA
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posted on April 28, 2011 02:04:20 PM new
No,this is a domestic transaction.
With e check,there is no merchant discount fee,it is an 'ACH' transaction and costs PAYPAL nothing,so $5 is handling fee,may be the max handling fee is $5.
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There is no 'Global savings glut',only wild horses and loose bankers.
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shagmidmod
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posted on April 28, 2011 11:37:15 PM new
i don't see it on their rate sheet. i would call them if the 5 bucks is important. i still think they are charging you a "special fee" for being so special. lol.
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HWAHWA
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posted on April 29, 2011 05:50:43 AM new
I am special to whome?Paypal?
I am thinking of writing to MC/VISA for a PAYPAL policy I dont like,maybe it is a bribe!
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There is no 'Global savings glut',only wild horses and loose bankers.
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HWAHWA
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posted on April 29, 2011 05:52:46 AM new
shag.
5 bucks is important,it is less than 1/2 % on this transaction,think if all high ticket transactions only cost 1/2%?It would sure relieve the burden of total cost of doing business on Ebay!
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There is no 'Global savings glut',only wild horses and loose bankers.
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