8/1/12

Sending a payment on Paypal and avoid extra charges

Almost everyone who buys and sells online have heard about paypal.com. Like Alert Pay, Xoom, and Moneybookers it offers convenience and security in transferring money and sending/receiving payments online. You can also transfer your paypal money to your local bank account and wait for 2-4 business days to complete the transfer (depending on what country you are in). All these features offered by paypal comes with a price (conversion fees, transaction fees, withdrawal fee, etc.). While those fee are discouraging and is usually charge to the payer and not the payee (transaction fee) there is a way to avoid the transaction fee while sending payments as shown below:

1) To send the payment, click the "Send Payment" tab.
 
 2) While in the "Send Payment" page, click the "personal payments" tab found directly below the amount field.

3) Choose "Others" (you can choose the other options but I prefer this one) in the options provided in the "personal payments" tab.
Now you can send payments through paypal without paying the transaction fee. Hopefully this helps you!

This was a post from my previous blog and I thought it would also be applicable here.

No comments:

Post a Comment