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Old 05-06-2010, 05:20 AM
Adria.John Adria.John is offline
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Default Paypal charges very high fees!
Hello,

Very recently, i had an transaction in gbp, where paypal has charged very high fees for currency conversions. What are the ways by which we can minimize these charges?
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Old 05-06-2010, 10:33 PM
thewebhostingdir thewebhostingdir is offline
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Well, I would say there is no way you can get rid from paypal charges. Hence, people use Mass pay in they send payments in bulk...it will reduce fees than the normal transactions.
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Old 05-28-2010, 08:42 AM
abeltenny0210 abeltenny0210 is offline
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Exactly speaking, the fee paypal cost is very high. But if you sell in ebay, it will be much higher. So the best idea is to sell in websites that you build yourself.
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Old 06-02-2010, 06:51 AM
artrepro artrepro is offline
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Thanks for all your replies. I'm going to get a paypal account and these are very helpful to me.
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Old 06-08-2010, 02:31 AM
battery4laptop battery4laptop is offline
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It's very high unless we use it.
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Old 06-18-2010, 10:02 PM
safetyman safetyman is offline
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Paypal has to charge fees for being the money broker. The only way around the high fee is to sign up for a merchant account and always have money in your account. You can also call paypal and negotiate a better rate if you are doing many transactions.
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Old 07-04-2010, 08:08 PM
JoeBob JoeBob is offline
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gpal.net is an alternative company to deal with to send/receive payments that is a bit cheaper, as well as allows payments for things that paypal restricts such as firearms.
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Old 07-06-2010, 07:02 PM
edward_mo edward_mo is offline
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I think we should use some other sources of money conversion like forex.
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Old 07-07-2010, 03:15 PM
searchlackey searchlackey is offline
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what is the major difference in google checkout and paypal...
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Old 07-14-2010, 04:07 PM
cadenmi562 cadenmi562 is offline
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Hey friend, there is no option or method to reduce the paypal fee for the transaction we made but somehow you can reduce it by transacting more money instead of $10 or $20. And i dont think that paypal is charging very high fee in comparision with payment processing methods like LR, Egold, Alertpay etc.
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