Alex: How much does paypal charge for my transaction?
I notice that paypal takes a cut from whatever incoming money I get, and I’m curious as to how much they would take for this one.
I am giving my mom 100.00 to send to my paypal through hers (mine is not linked up to a bank account). How much would be left after paypal does its damage?
Answers and Views:
Answer by SmartAlex
The link below gives you the exact fees, and what they charge depends on how everyone involved accounts are set up.
But basically, transferring money is free if you use your bank account or PayPal balance.
When you use a credit or debit card, the cost is 2.9% of the total amount sent plus $ 0.30 USD per transaction.
When you log in, you choose whether you or the recipient covers this cost.
So if this is just a transfer from her account to yours, the whole thing is pretty painless: FREE is good.
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