You can now receive paypal payments without any fees

[JVC]

This is a useful tool for anyone on here to send payments to other board members without having paypal take their chunk out in fees. If you are sending a payment to someone and don't want them to incur any fees, follow these steps:

1. Click on the Send Money tab
2. After filling out the email address of the recipient and the amount to be sent, choose "personal" rather than "purchase"
3. Under the next set of options choose either "payment owed" or "other" (I am not sure if the other 3 options work as well, but I know that these two do work)

Your paypal payment will be sent with no fees for the recipient as long as you fund the payment with a paypal balance or bank account.

 

[Messier2]

Wow, that's great....I gotta save this somewhere so that when I sell stuff here I can ask them to do that!

 

[EricInCT]

This is a useful tool for anyone on here to send payments to other board members without having paypal take their chunk out in fees. If you are sending a payment to someone and don't want them to incur any fees, follow these steps:

1. Click on the Send Money tab
2. After filling out the email address of the recipient and the amount to be sent, choose "personal" rather than "purchase"
3. Under the next set of options choose either "payment owed" or "other" (I am not sure if the other 3 options work as well, but I know that these two do work)

Your paypal payment will be sent with no fees for the recipient as long as you fund the payment with a paypal balance or bank account.

You have been thanked!

 

[cgilmo]

you should be aware that you will have problems filing a chargeback using this option, should you need to do so.

 

[G $MONEY$]

you should be aware that you will have problems filing a chargeback using this option, should you need to do so.

+1, basically you can't. Personal is too friends and family only. So if you trust the person do it, if not don't. This has been around for a long time.

 

[prospectorgems]

That's pretty cool. Definately a "thank post".

 

[Johan Santana 57]

Problem I've found is that I can't print a shipping label if it is sent that way.

 

[metallicalex777]

That is an awesome work around...do you know how this works come tax season? I was given $1500 last year as a gift to put towards moving from my grand parents and I had to let the IRS know during tax season and got taxed on it all as well. I don't know if that would be the same via paypal or if normal paypal fees acount for that when you have fees taken out of a sale...sorry for the "rookie" question and I hope it makes sense

 

[justinmandawg]

That is an awesome work around...do you know how this works come tax season? I was given $1500 last year as a gift to put towards moving from my grand parents and I had to let the IRS know during tax season and got taxed on it all as well. I don't know if that would be the same via paypal or if normal paypal fees acount for that when you have fees taken out of a sale...sorry for the "rookie" question and I hope it makes sense

A gift was taxed? That seems a bit odd.

 

[Skillz]

you should be aware that you will have problems filing a chargeback using this option, should you need to do so.

+2, I would never, ever, ever do this unless the payment was made to a spouse/good friend/girlfriend, etc.

Problem I've found is that I can't print a shipping label if it is sent that way.

Paypal.com/shipnow

 

[JVC]

you should be aware that you will have problems filing a chargeback using this option, should you need to do so.

I was thinking that this would be a good solution for payments for the group BGS subs.

 

[xcantgobackx]

you should be aware that you will have problems filing a chargeback using this option, should you need to do so.

I was thinking that this would be a good solution for payments for the group BGS subs.

Or if members are trying to pool money together to raise funds for a member in needs, as is the case here:

viewtopic.php?f=2&t=51981

 

[imac220]

This is a useful tool for anyone on here to send payments to other board members without having paypal take their chunk out in fees. If you are sending a payment to someone and don't want them to incur any fees, follow these steps:

1. Click on the Send Money tab
2. After filling out the email address of the recipient and the amount to be sent, choose "personal" rather than "purchase"
3. Under the next set of options choose either "payment owed" or "other" (I am not sure if the other 3 options work as well, but I know that these two do work)

Your paypal payment will be sent with no fees for the recipient as long as you fund the payment with a paypal balance or bank account.

You have been thanked!

+1!

 

[trevordchi]

I know gifts are taxed here. I think that's pretty standard if they are big enough.

 

[metallicalex777]

I know gifts are taxed here. I think that's pretty standard if they are big enough.

Yeah...I believe for Washington state its anything after $600 or so.

 

[bballcardkid]

That is an awesome work around...do you know how this works come tax season? I was given $1500 last year as a gift to put towards moving from my grand parents and I had to let the IRS know during tax season and got taxed on it all as well. I don't know if that would be the same via paypal or if normal paypal fees acount for that when you have fees taken out of a sale...sorry for the "rookie" question and I hope it makes sense

A gift was taxed? That seems a bit odd.

Yup, say you make $50,000 per year, and you decide to give your parents a $10,000 car, your income tax will be based on $60,000 I believe. I love the government.

 

[nurvanna]

is there a way to pay for an ebay auction this same way with sellers that offer free shipping?
sort of a way to give thanks for offering free shipping - helping out the seller and not ebay triple fold.

 

[miguelcabrera]

is there a way to pay for an ebay auction this same way with sellers that offer free shipping?
sort of a way to give thanks for offering free shipping - helping out the seller and not ebay triple fold.

just click personal when you pay

 

[predatorkj]

Just to let everyone know...if its over a certain amount of money that you send in this fashion...you will be hit with a fee.I got hit with a fee for sending like this to a board member.The amount was for $100 and the fee came out to like $3.20.Just figured I'd let people know this.

 

[Huffamaniac]

Are you sure you did not pay via credit card? It was showing up as a fee for me when I was paying via credit card, but once I switched to having the money removed directly from my checking account the fee was removed.

Just to let everyone know...if its over a certain amount of money that you send in this fashion...you will be hit with a fee.I got hit with a fee for sending like this to a board member.The amount was for $100 and the fee came out to like $3.20.Just figured I'd let people know this.