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PSA: PayPal Fees (DO's and DONT'S) + TUTORIAL

Posted 7 years, 2 months ago (Edited 6 years, 9 months ago) by sonyaism

EDIT: Unsure where to put this, a follower of mine told me "General" would be good enough. lol

Hey everyone. Recently, I was in a situation concerning PayPal fees that left me salty.

So, being salty, I posted a PSA on my Toyhou.se bulletins.

Then, being even saltier, I updated and moved my PayPal Tutorial (used to be on dA) which I am here to share with you today!

Before I get started, I would like to just address PayPal Fees.

It goes against PayPal's User Agreement to charge
your customer/buyer PayPal's Trasaction Fees.

International Transactions

Please be aware that as of late 2016, PayPal has installed auto-currency exchange.
Please refer to my guide on Weebly on how to deal with it.
Please check in with people you are buying from outside the country if they want their money in USd or their home-currency.
ALSO, fees are higher than normal fees when sending abroad.

Transaction Fees

DO'S

DONT'S

DO know that asking someone to cover your PayPal Fees will get you in trouble.
- They can limit or freeze your account which means you won't be able to receive or spend funds, depending.
DO know that it is against PayPal's User Agreement to charge someone PayPal's Transaction Fees.
DO raise your prices discreetly if the fees are that much of a hassle.
DO not ask for your buyer to cover your PayPal Fees.

DON'T use "Friends & Family" payment method to avoid fees.
- As a Seller: Potentially can limit/freeze your account.
- As a Buyer: The seller is able to scam you because this does not offer "PayPal Protection" which means you are unable to open a dispute against them if they run off with your money.
DON'T ask your buyer to cover your PayPal Fees.
DON'T ask your buyer to cover your PayPal Fees.
DON'T ask your buyer to cover your PayPal Fees.

Note: If you were someone that added an extra dollar or more when sending money, that can be considered a "tip."

You put extra money onto the transaction out of your own volition. No one asked you to do so.

If the seller did ask you to cover the fees, then they are violating PayPal's User Agreement which you, under no circumstance, should be covering the fees.

Screenshot of the User Agreement Clause

Explained

>> CLICK FOR MY PAYPAL TUTORIAL ON WEEBLY <<

PLEASE IGNORE THE FACT IT'S ON MY SPECIES WEEBLY.
IT'S EASIER TO MANAGE THAN MAKING A SEPARATE WEEBLY. LOL

Thanks for taking a read!

Feel free to critique, corret, and comment below!

I need the feedback. :')

>>sonyaism ♥

pocketlint

Mirabo Only way to avoid that is by connecting your bank to your paypal and letting it take a day to transfer into your account.

xBunx

Exactly how much are the fees? 0.1% of the money being transferred?

WolfFire93

Thank you :) great info!

Sadly had this happen to me :'( I will not let it happen again!

Citrusbeetle

i didn't know this was a rule, a pretty stupid rule but what ever,

i always asked for friends/family because an artist should get full pay for their work but i guess ill just have to up my prices for everything :/

it also seems like a harmless rule to brake but once again, whatever lol

BubbleBunnyArts

I'd just like to ask a question regarding the fees qwq

As a seller, how do i go about avoiding accidentally causing my client to pay the fee?

BubbleBunnyArts

nidoran

Thank you so much! That helps a bunch qwq

scardrowned

someone did this too me, instead of 7 i had to pay almost 9 cause they gave me a family link that i could use to pay in. at the time i didnt now this is basically scamming

Yam-Pao

Hi! sorry for my ignorance, but. what is PSA?? a wannt open commissions here but i don't understand that term, can you explain me?

Taters

Yam-Pao It stands for Public Service Announcemnt. It pretty much is a tutorial/info log of sorts to help people know rules.

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