pay pal and E-Checks

WinPitcher

I read on another forum that E-Checks are no longer a 5.00 fee.

I think it was mentioned that they are now 3% of the total.


maybe Storm can fill us in?


Steve

thunderdan

If true, that sucks. I was paid with an e-check a few days ago and it was still $5. Maybe the change is forthcoming.

storm888

fee chart



/////////////////////////

The MAXIMUM fee for an echeck is $5.00.


////////////////////////
///////////////////////

Link broke.

go to

paypal.com

and select "fees" at bottom of page.

WinPitcher

Personal account Premier/Business account
Open an account Free Free
Send money Free Free
Withdraw Funds Free for bank accounts in the U.S
Fees for other withdrawal options Free for bank accounts in the U.S
Fees for other withdrawal options
Add funds Free Free
Receive payments funded by PayPal Balance, PayPal Instant Transfer or PayPal eCheck Free 1.9% to 2.9% + $0.30 USD
Receive payments funded by Credit Card, Debit Card or Buyer Credit 4.9% + $0.30 USD (limit of 5 transactions per 12 month period)** for domestic or U.S. transactions

2% + applicable Fees Fees for cross border payments

4.9% plus $0.30 USD for card payments received using PayPal on Skype 1.9% to 2.9% + $0.30 USD
Multiple currency transactions Exchange rate includes a 2.5% fee**
Fees for cross border payments Exchange rate includes a 2.5% fee**
Fees for cross border payments





According to thee fee structure a premier account now is charged between 1.9 and 2.9%

I say this because a person I know has just been charged 2.9% or 36.00 for a transaction involving an E-Check.


Steve

WinPitcher

Receive payments funded by PayPal Balance, PayPal Instant Transfer or PayPal eCheck Free 1.9% to 2.9% + $0.30 USD



Where it says free that is for the regular account, where it states 1.9 to 2.9%+$0.30 is for the premier account.

Nathaniel1960

So I'm dealing with a probable scammer on ebay at the moment.

I purchased an item best offer, made payment.

Five days later get probably the sketchiest response from the Seller saying they can't ship the item and they've refunded my PayPal.

Sure enough, PayPal shows a refund has been received. I did not know at that time, but the refund was made by e-check to PayPal.

I get an alert three days later from PayPal saying the e-check payment was declined by Seller's bank and the refund has been changed to "pending".

I am going to assume the worst and open a dispute with ebay to make sure when the funds never get to PayPal I have recourse re: ebay purchase protection.

However, if I had actually left feedback, and PayPal never recognized the refund, I am wondering whether it would have been much more difficult for me to recover.

I also wonder what would have happened if I was able to spend the refunded amount immediately, and if so, would PayPal come after me for that amount after the e-check failed to clear.