paypal deducts money from payments?

I'm not sure, but shouldn't it be so, that the personal account doesn't cost anything and that the premier account does cost? I'm not at all sure about this, but I think it is like this. At least a myLot friend of mine told me so. I'm at least hoping, that it's so. Ouch... What did you get from your math?

If they send you money as goods or services then it would deduct a fee Girl---all the instant payments are sent as personal if i'm not wrong .LOL at the last sentence of your post---so you really hate maths---even i do so (quiet opposite).great day.

They do charge you a certain percentage fees for high user. The minimum fees is $.40 for the payment you received below $50. For $50 above the fees will be a standard fees plus 1% of whatever you received. So it was counted monthly. So if your first land on the end of last month's high volume activities for example then you will be charged for the fees. But as for the second payment it might just land in on the beginning of the month.

Don't have a paypal yet will get one soon,thanks

I think instant payments require some fee. In myLot, they pay you at a certain date (15th). They do this so that they save a great deal of fees. I think it's called mass pay or something like that. You have to upload a file...I'm not exactly sure.

It's nothing to do with personal or otherwise. It depends on the amount you receive or pay. Check the rules and regulations. There is a tab on top which tells you that if it is below a certain amount, there will be a commission, above the amount is free.

thank goodness i came accross your discussion... ^_^ thanks for the information.. I haven't tried to have any payments yet so this discussion really is informative and helpful.. thanks

i think it doesn't take much math to know why paypal deducts. it's a business and they have people and machinery to maintain. besides check out paypal's site and it is plainly stated in clear terms that if the amount to be withdrawn is in a certain range they are going to deduct fees. if you don't want deductions from paypal you have to reach a certain high amount to withdraw .

I have never had paypal deduct anything from my account when I have the money transferred to my bank account. Now there are sites I do, that will take a little out of my accounts before I get the payment, but I have never ever once had any money deducted from paypal when I asked for the money to be sent to my bank account. I really don't understand it myself. If you are concerned though, I would contacgt paypal and ask why. It really makes no sense to me whatsoever. good luck to you and happy mylotting.

i dont think that paypal deducts money from payments. unless you live outside of the united states. it depends on where you live. some places have fees for it and some places it costs less. so it really depends on where you live.

does it really do that. i had no idea that paypal did that. but i think that paypal only does that to people who live outside of the U.S. or mabey it only did that because the sites made you deduct some of the money that you had earned. i dont really know. well best of luck with earning.

well,still i have not even got anything from the pay pal!

Im sorry about your math subjects. You should study more next time when it comes to those kinds of subjects pretty hard indeed. About paypal there are such transactions that deducts a certain percentage but it aint that much.What really matters is that your paypal is working and thats what you should be thankful of ;) Im kinda pissed with those kinds of deductions too ;)