![]() ![]() However, if you “Request Money” from friends and family outside of the US, there will be fees which may be paid mostly by the sender for their country. ![]() You can request money to be sent to you through an email, SMS or email. ![]() A.2.1 Receiving Money from Friends and Family In the US, transfers funded by your PayPal balance are free, while transfers funded by credit or debit cards are 2.9% of the amount. PayPal’s exchange rate for personal payments includes a 3% to 4% “currency conversion spread”. Lower fees are applicable for transactions below $100, and anything above $100 will attract the maximum fee of $4.99. Whether you use your PayPal balance, a linked bank account, or a card (credit, debit, or PayPal credit), this fee is 5% of the amount ( minimum fee: $0.99 USD maximum fee $4.99 USD). For more information, see our disclosures here. Also, this post may contain offers and affiliate links to save you money. Please refer to the official documentation (links provided below). Turns out it can be much more than a few percent but more importantly I want to point out some of the excellent alternatives.įirst let’s figure out what your fees are.Īs a Start: Are you sending money to Family/Friends ? (below)īuying/Selling Commercial Goods and Services? (further below)īuying or selling goods overseas is covered briefly in our PayPal Commercial Section (below) Generally though, sending money to family and “friends” is cheaper and the majority of this page is dedicated to understanding these fees and reducing them!ĭisclosure/Disclaimer: While we have done our best to clearly explain PayPals fees, they will change things and we are human and can make errors. Use of the PayPal Debit MasterCard is subject to eligibility, application, approval by PayPal and your acceptance of the terms.I have been using PayPal for over a decade and to be honest I kind of ignored the international fees because every time I went to look into them I found it too damn hard to figure out!Īnd what’s a few percent here and there right? Please see our PayPal Business Debit MasterCard Cardholder Agreement and Privacy Notice Use of the PayPal Business Debit MasterCard is subject to eligibility, application, approval by PayPal and your acceptance of the terms. See Credit Card and Debit Card Link and Confirmation Table below. This amount will be refunded when you successfully complete the credit card or debit card verification process. Some users, in order to increase their sending limit or as PayPal may determine, may be charged a Credit Card and Debit Card Link and Confirmation fee. If you refund a Commercial Transaction payment, there are no fees to make the refund, but the fees you originally paid to receive the payment are not returned to you.Ĭredit Card and Debit Card Confirmation(s).This fee is charged when a withdrawal/transfer out of PayPal is attempted by a user and it fails because incorrect bank account information or delivery information is provided. If you do not implement Express Checkout as required, the percentage components of your Transaction Fees may increase after giving you 30 days prior notice.įor each successful but uncaptured authorization transaction.īank Return on Withdrawal/Transfer out of PayPal Advanced Credit and Debit Card Payments.If PayPal determines that your Account receives, or is likely to receive a disproportionately higher number of customer complaints, reversals, chargebacks, claims, or other indicators of a serious level of risk, PayPal may increase the percentage components of your Transaction Fees after giving you 30 days prior notice of the increase. ![]()
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