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 ♥

IconicAnemone

I'm a Paypal noob, and the only payments I have done were for family and friends, so I didn't suspect anything with using the friends and family way of paying for the one adopt I bought with real money. Thanks for letting me know. This is a really important thing to share

vauxov

does anyone have a tutorial that goes more indepth on paypal invoices? the tutorial linked is kinda for me to understand. (EDIT: okay nevermind i completely misunderstood what the hell invoice is. oops lol)

flea

In case you haven't heard, the IRS now wants to know if you've made more than $600 through online sales:
https://www.washingtonpost.com/business/2022/01/21/venmo-paypal-new-income-reporting-requirement/

SOUNDBBABE

Paypal has paused its services in Russia, so russian artists or anyone who lives there in general are unable to be paid through paypal. Not sure what happens if someone needs to file a chargeback on a Russian artists however. 

https://www.theverge.com/2022/3/5/22962848/paypal-pauses-service-russia-ukraine-invasion

voided_skies

As someone who is new to the world of adopts and commissions via PayPal this was super helpful to read! Thank you so much for making this!

RanshiiAdopts

Finally someone says it, anyone who tries to charge me for this and insists after I inform them it's illegal gets whatever I'm buying cancelled automatically.

Qiniac

Qiniac

leechrot

Man I keep trying to explain this stuff to people and they don't understand. Glad I found this bulletin and will def share it with anyone who tries that stuff on me again. I use my paypal for my art business too so I really cannot afford to have anything happen to my account because a seller wants to avoid paypal fees...

molock_com

omgg nooo i didnt know this ahhh ill def just upcharge a little bit instead T____T

AngelCnder14

Oh my goodness I had no idea the cover fees thing was a problematic. o-o I was thinking of doing this but since it is against Paypal rules and it's bad way of doing business, I will avoid it then. Thank you for sharing this and I am glad I saw this.

Blankartist

That's helpful, i didn't knew that :0