Sending personal money with PayPal

17 Responses

1. If you have grumpy friends like I do, be aware that they may have a strop when they are charged to withdraw amounts under £50 into their bank account.

   Tight northerners that they are!!!

2. So long as they withdraw more than £50 it’s free, or just send them the 25p extra 😀

3. oi wadda ya mean tight norfeners
   when yer starving and cold, facing artic blasts and ravenous wild haggis ,25p can save your life,

4. Being a northerner myself, I’m loathe to part with the 25p…

   It’s the money, not the principle!

5. 25p is cheaper than a stamp.

6. its cheaper than 26p too 😆

7. Being the receiver of the said funds, I have to say that the lack of fee deduction had passed me by! It seems that you could have got away with letting me pay the fee! But thanks anyway 🙂

   But this is a good shout though, I often balk at paying friends and family by paypal, because I don’t want them to be charged a fee, but now I know about this I can pay my debts off quicker… oh hang on a minute!

8. Norf lmao…you twazzock lol

9. I used this recently, but couldn’t see how to select between sending the balance, or uploading from the bank. Ending up sending as a e-cheque, which in turn led to my bank account being struck off, as I had (some years ago) removed the d/d instruction as a security measure. So be careful out there 😉

10. Curious, how do they prevent buyers and sellers from abusing this feature? Threats of no buyer/seller protection?

11. #10 If you’re paying for an ebay item or web order you don’t have the option to select personal payment. It’s only if you use the ‘send money’ tab from within PayPal that you can select it. So not much opportunity for abuse.

12. Right but what if asked a customer to send me a personal payment and I’d give them 1/2 the PayPal fee as a discount? Sure it won’t show up in the eBay system as being paid but all I have to do is remember who sent me money which each item. I have a hunch that if a seller has a good feedback score and the buyer has a PayPal balance that they would be inclined to do that.

13. Not sure what you’re average transaction is but I think the average buyer wouldn’t consider 1.7% plus 10p with a more complicated payment flow compared to a simple click’n’pay with buyer protection. Plus most of them will have paid by the time you get to send them your offer.

    Not to mention the first to report you will probably lose you your PayPal account 😯

14. Back in the early days (like ~2002) I had many buyers ask if they paid with a PayPal balance if I could give them a discount. That was back when most people weren’t aware that premiere accounts paid fees regardless of the payment type. I haven’t seen a request like that in over four years though.

15. Whenever I want to send money to friends at home and abroad I use a bank transfer. It’s fast (often same day) and very secure, and best of all with my best banks it’s also FREE. Like any decent international eBay seller, I have numerous multi-currency accounts to handle overseas sales and purchases.

    If I choose PayPal, it could take days to arrive in their PayPal account – where they can’t spend it until it’s transferred to their linked bank account (another 7-14 days depending on their country). By contrast bank transfers are available immediately and usually if done correctly, no fees are charged.

16. foreign bank transfers are a pain in the butt
    often taking a week or more
    especially from Germany which I find even more annoying as bank trasnsfer is the method of choice there

17. I’ve had good luck with bank transfers from US to China or Taiwan. Usually 1 – 3 days but they are expensive.