2. misc-audio
  3. 187538-5628

Paypal Friends and Family

I sent a payment to a seller for $2,900 by friends and family, when he received it $166.00 was deducted from Paypal fees, the seller wrote me to say that Paypal got wise and no longer sends funds with a fee, so there is no reason to say send money by friends and family they are now charging a fee for that but at least you won't get hit with a tax bill like you were a business. Just a FYI. This seems to have just started because I got the full amount on a sale paid by friends and family. 

128x128phillyb
tksteingraber's avatar
tksteingraber
629 posts
 

I sent F&F this week on Monday $275 from bank account = No Fee

waorwraith
32 posts
 

I’ve sent 10+ FF in the last month ranging from a couple hundred to several thousand and neither I nor the receiver have incurred a fee. 

jtcf's avatar
jtcf
1,620 posts
 

I had a business account with PP.When I sold something I would be charged a fee,but when sending cash for a birthday gift or something using F&F there was no fee.A couple of years ago they began charging me a fee for F&F also so I closed the account.

ozzy's avatar
ozzy
7,492 posts
 

wig,

So, it sounds like if you use PayPal Balance to send F&F payment there will be a fee. Is it a set amount or does it vary by the $ amount?

ozzy

wig's avatar
wig
1,270 posts
 

@ozzy 

It appears to be a flat $4.99 fee as I made another purchase last night from balance and checking account and noticed fee.

Wig

More to discover