Jan 5, 2011 - Pay Pal Payments

[Webmaster]

This is just an FYI - If any seller on this forum asks you to make the payment as a GIFT for items they are selling you, DO NOT do that on big ticket items.

If you make the payment as a gift you will not be able to get a refund or collect any money if there are problems with the transaction.

Pay Pal WILL NOT help you.

Please be careful.

David

[KapperDog]

Sending money as a gift used to be a way to circumvent the Paypal fees. However, the "gift" option no longer waives the fee so there's no longer a reason to use the "gift" feature.

Just FYI.

[Webmaster]

I just did a test gift send to make sure and clicked on fees. This is what it states.

Personal Transfers - Send Money or Receive Money

Free when the money comes from PayPal balance or bank account.

2.9% + $0.30 USD

when the money comes from a debit or credit card or PayPal Credit

(the sender decides who pays this fee).

So there are fees for certain gift sends.

David

[KapperDog]

Thanks for clearing that up. I was a little confused as to why there were fees when I did it, yet others were telling me that they did it with no fees.

Thanks again.

[blairndrums]

I just $50 on here yesterday as "gift".......nothing taking out.......

Had $700 sent last month on a vintage pre-amp..........nothing taken out either...

When sent as "purchase",I figure add on 3.2%....comes right out on the nose most of the time.....(well,within penny's)