PayPal new fee structure

**temi** · 06-13-2008, 06:50 AM

Effective from 9 July 2008, PayPal will change its fee structure to make it more attractive for our UK customers to send personal payments. We are pleased to announce that:

PayPal will not charge a recipient (regardless of their account type) of a PayPal payment if that payment was funded by the sender's bank account or PayPal balance and it is designated a Personal Payment
PayPal will apply a fee for payments received for Personal Payments or Commercial Payments if such a payment is funded by a credit or debit card, however for Personal Payments funded by a card, the sender will have the option of paying the fees for that payment
Also, PayPal will no longer require its customers to upgrade from a Personal Account to a Premier or Business Account once it has received a total of £250

I think this is long overdue, its nice to have competition

**OldWelshGuy** · 06-13-2008, 07:15 AM

I think it stinks, it means now Iusers have to pay to SEND money as well as receive it

**MeetHere** · 06-13-2008, 10:42 AM

Is it for UK only ?

**deluxdon** · 06-13-2008, 10:53 AM

Only for UK customers

DON.

**jitendraag** · 06-13-2008, 11:15 AM

Why is it UK specific? Paypal is getting the heat from e-gold / moneybookers? I don't believe that

**OldWelshGuy** · 06-13-2008, 11:49 AM

Originally Posted by deluxdon

Only for UK customers

DON.

So it means I have to pay to send AND receive my own money into the US

I can see a change coming. Paypal was expensive before, but now I intend moving everything away from them. They have just made a full blown merchant account far more attractive.