I have an account w/my credit card on it and just now put in my checking account. I am looking to receive money for some wheels I'm selling but it says that the maximum in credit card charge I can receive per month is 100 dollars. If the money is sent to my email address, will I find it shortly after in my checking account? And am I going to be charged if the money is coming from another paypal member since its over 100 dollars? I know its off topic, but I really could use your help. Thanks

 

That is correct, if you signed up for the "FREE" paypal.com account. If you sign up as a premium member, you're assessed 3% for every $100 that you received or something. (So, you actually only get $97 and not $100 that other person deposited.)

Usually, YES. You'll be notified of the transfer within a few minutes.


See above, but yes, if you join the "Premium Account", then paypal takes some percentage of the transaction. So, if you want to get $500 for your rims, for instance, just tell the buyer that if they use paypal.com, <U>they</u> need to add that extra 3% on top of $500 (or total of $515 now, instead of $500).

Hope this helps.

 

If you receive over $100 you have to sign up for the premier account or whatever they call it just to accept the payment. They then charge you a fee of $.30 and 2.9% of the money that you are sent.

Then you have to transfer it to you checking. I hope this info will help you out...

 

Opps!!! The Professional beat me to it.

What he said...

 

Awesome, thanks a bunch guys!

 

That's why he's called The Professional.