Sending Money Avoid Paypal Fees Policy Update Effect
Blogging is a way of expressing ones thoughts while others it’s a mode of earning online income. The most convenient way to get paid for online work is through Paypal. Many bloggers that I know opt for Paypal payment mode over bank checks which takes long time to clear.
What I like with Paypal is the ease in sending and receiving money be it for personal or commercial reason. Recently, subscribers might have experienced the effects of the Paypal update in fees policy.
I regularly send money home through Paypal and was surprised to learn that the money received was less than the amount sent. I use Premier Paypal Account to send Paypal Fund to my sister’s Personal Paypal Account. The fee levied is not really acceptable for even a dollar is not a joke to earn online.
The sent money was definitely charged with a fee which is non-existent before. Thus, I was forced to review carefully the recent Paypal Fee Policy update. Now, I know why there is a fee charged. It’s because of the way the money is sent from Paypal. I used to send money using “Online purchases” option and “Services”. This means that my sister’s Personal Paypal Account was “Get paid” for “Online purchases” which explains why the money sent was charged as per new policy.
Thus, to avoid fees when sending money choose “Personal payments” as this is free of charge both for sending and receiving Paypal balance. I have tried this option and was not charged with any fees. The money sent was not deducted with any fee charge too. Any experience on this?
Posted on
Friday, July 10th, 2009 at 8:06 pm under 
well im goinjg to try this now. i had been sending money to a business partner of mine and had it listed as services. Couldn’t figure out why he wasnt recieving the amount i sent and now i know by reading this. Bout to do some trial and error.
August 21st, 2009 at 10:22 pmYeh, using Personal Payment Owed worked for me without fees. Thanks!
September 16th, 2009 at 7:28 amit charged me $5 but that is much better than the %fee
January 2nd, 2010 at 5:29 pm