Why did PayPal charge me a fee when someone sent me money?

Why did PayPal charge me a fee when someone sent me money?

Fees are usually associated with using a credit or debit card to fund payments, sending money abroad, or using PayPal as a payment processor if you’re a vendor.

What is the limit on PayPal friends and family?

Fee? There’s no limit on the amount or number of transactions (assuming your account is verified) however, there is a cap amount on the individual transaction of $10,000 meaning if you needed to send $20,000, you would have to send two payments of $10,000 each.

Why is PayPal charging fee for friends and family?

When sending money via “friends and family”, if the person sending the money is using a credit or debit card then the payor is charged a 2.9% fee with the option to pass that fee on to the recipient of the money. If the payor is paying from their bank account, they can send money to anyone in the US for no fee.

Does PayPal still have friends and family?

Friends and Family payments can be made to anyone in the U.S. for free (from your bank account or PayPal). If you are sending money internationally, you may be charged a transaction fee equal to 5% of the send amount (up to $4.99 USD). Currently the rate is 2.9% + a fixed fee (varies by currency; $0.30 in the U.S.).

Does PayPal charge you a fee to make a purchase?

There’s no fee to use PayPal to purchase goods or services. However, if you receive money for goods or services (such as from selling an item on eBay), there is a fee for each transaction amount you receive.

How do I send a gift to PayPal?

Using a Computer Go to https://www.paypal.com in a web browser. Click Log in. Type your login information and click Log in. Click Send & Request. Click Send Gift. Enter the recipient’s email address or phone number. Click Next. Enter the amount you want to send and click Continue. Select a theme and click Next. Type a message. Click Save.

Is there a fee to use PayPal?

PayPal is free to sign up for and use if you’re just buying stuff. However, you may be charged fees if you use PayPal to send or request money, or to accept payments as a merchant.

Are there any fees to pay with PayPal in stores?

It’s free to create a PayPal account and use it to make purchases online at retailers that accept PayPal. However, there are a few fees you may encounter: Sellers’ fees . If you use PayPal to accept payments, you’ll be charged a fee of 2.9% of the transaction amount plus $0.30 per transaction. Transfer fees.