Stupid Paypal Question of the Day

cwazzy

I'm getting ready to sell some stuff on eBay for the first time and had a question about Paypal. I currently use Paypal to pay for items on the internet but I have never received money through it. Is there a fee that must be paid in order to use it to accept money? I know there is a percentage fee that is charged on incoming money but I am wanting to know whether there is an initial fee. Thanks for any info you guys can give me and sorry again for the stupid question.

Chris

lickablebean

No

julen23

there is a free option to send money to a checking account (7-8 days it takes)

simply look at some of menus on top nav bar.

hope this helps

julen

Leiascards

If you sell on Ebay in order to take Paypal you must accept all forms of Paypal payment including credit cards which in order to do that you have to become a premier member which you are charged a fee for every transaction.

link

Sellers who offer PayPal as a payment option in their eBay listings (either via logos or through text in the item description) must accept card funded payments. Sellers must have a Premier or Business PayPal Account or be willing to upgrade from a Personal PayPal Account to a Premier or Business Account upon receipt of a card funded payment. Sellers may not communicate to buyers that they only accept account balance or bank account funded payments, or will not accept card funded payments. eCheck is the only funding source that eBay sellers are allowed to block.