Fees to cashout on top of fees... no no no

Mexico
January 16, 2013 7:41am CST
I think its wrong to have to pay to get our own cash out money. Ok, here is the deal. At a bux ptc site, I cashed out 1.00. The site said I would be charged .30 cents paypal fees to cash out. So now Ive earned just .70 cents. Then when I get the money from paypal, Im charged .33 again. So now Ive paid .63 in paypal fees to get 1.00. HMMMmmmmmmm something not right here. What do you think on this?
4 people like this
17 responses
@mohkanari (1957)
• India
16 Jan 13
When cash out amount is small amount these charges are affecting as high percentage. There is a minimum amount of charge + about 30% or so of actual amount of cash out. It is a relief that some sites make provisions to pay actual amount earned as actual amount of cash out.
1 person likes this
@kai9999 (1703)
• India
16 Jan 13
if its paypal then it charges both the receiver and the sender based on the location and don't forget you have conversion of currency charges too.
1 person likes this
• Mexico
16 Jan 13
your right, I have to then change form dollars to mexican pesos. Might lose a few more cents. OMG
1 person likes this
@911Ricki (13602)
• Canada
16 Jan 13
That is ridiculous. I know with Microworkers it charged 9% fee when you cashout out, then from Payza to your bank account it charged 0.50 cents. But I guess they are all out to make money, and this is how they will do it. Even Paypal has been charging money to transfer money which they never did before.
• Mexico
16 Jan 13
yep, and to get charged a 2nd time by paypal. Is real wrong to me.
@911Ricki (13602)
• Canada
16 Jan 13
It is, but most companies do this to make money. It sucks for us, because we loose the money.
• Mexico
17 Jan 13
agree, I feel its wrong to get charged by both.
@ungu89 (2001)
• Malaysia
17 Jan 13
i know what you mean. that's why when i join site that said $1 is the minimum payout i wait until i get more that $1 then i will cash them out. so that i will not feel so sad if i get less. huhu
• Mexico
17 Jan 13
true, problem is we dont know about those high fees till we cash out... hmmmmm
@ungu89 (2001)
• Malaysia
17 Jan 13
yes. what can we do. just need to accept it too
• Mexico
17 Jan 13
very true, but would be nice to know all those fees before we join a site.
@Zer0Stats (1316)
• India
17 Jan 13
They charge a fee to cover PayPal processing fees and there is a withdrawal cost(varies by country) when you transfer your funds to your bank account.It's Paypal that charges you for providing the online money transfer service.I think PayPal is the best cuz here in India I get transferred my Paypal funds into my bank account absolutely free of cost.
@Zer0Stats (1316)
• India
18 Jan 13
There is no fee from the earning sites it's all PayPal that charges you for receiving and withdrawing funds.
• Mexico
18 Jan 13
do you think pp charges both the site and us? so then the site is making us pay their pp fees?
@Zer0Stats (1316)
• India
21 Jan 13
It's what called processing fees for the third party sites those who send funds to your PayPal account.When you ask for cashout these sites deduct the processing fee from the actual amount and then transfer the rest to your PayPal account.
@marguicha (92241)
• Chile
16 Jan 13
It is a shame. And it is the first time I heard of it. What site is it? I will not work there. I think we must help each other when this happens. I feel this is a disguised way of scamming people.
• Mexico
16 Jan 13
the site is growth bux... i sent a message to the owner there. Asking if that was right to be charged twice. Lets see if the answer me....
@marguicha (92241)
• Chile
16 Jan 13
I don`t have it. And now I won`t get it. Do you know anything about keobux? I don`t have it and I`m looking for an exchange with one of my sites? Thanks for the tip aboiut probux. I already got a couple of referrals.
• Mexico
16 Jan 13
I havent seen keo bux.. let me know what you find out about them. Ill search around as well. Bye, amiga....
@joliefille (3696)
• Philippines
16 Jan 13
That's exactly how payment processors survive or make a living. Even in banks we are charged fees for withdrawing money in other bank branches. But sometimes other banks don't have this rule. It's better to withdraw a higher amount and when you withdraw make sure that you make allowance for the fees so it won't feel too much of a ripoff.
• Mexico
16 Jan 13
I understand they have to make something.. But I think its unfair for us to be charged by both the site and pp....
1 person likes this
• Philippines
16 Jan 13
I used to think that was kinda unfair, too. But having studied this kind of business and how other online businesses make money especially the e-currency exchangers, I began to realize why they have to charge such fees.
• Mexico
16 Jan 13
I understand, so other sites eat the fees for us?
@julyteen (13259)
• Davao, Philippines
28 Jan 13
I think your account is premium because you are charge 25% everytime you receive funds. You can have a starter to avoid double charges from Paypal. It's not good to be charge than kind of amount. No matter how small your funds, you are still deducted with the same amount of charge which is annoying in your behalf.
• Mexico
11 Apr 13
Very true, some just charge us and charge us more. Not even worth the time or headaches...
@julyteen (13259)
• Davao, Philippines
11 Apr 13
They are taking advantage of the fees.
@varier (5699)
• Indonesia
11 Apr 13
Since it's a bux site, as long as it actually pays, I'll be happy enough High fee is indeed sucks, but non-paying is more sucks even greater.
• Mexico
11 Apr 13
Very true, sure funny most these sites are bux sites.
@silverfox09 (4727)
• United States
17 Jan 13
We earn very little after all that work but its still better that earning nothing and they will continue to charge for their service because that is how they make a living. I find it unfair that the site you working on charge a withdraw fee though .
• Mexico
17 Jan 13
I agree, seems those bux sites are the only ones making any money. And we do all their work for them.
@sukumar794 (5047)
• Thiruvananthapuram, India
17 Jan 13
This is quite awful.Not realizing how things are going against our ways we are made gullible fools at large.
• Mexico
17 Jan 13
sure will keep me from joining, any other bux sites from now on. Not for me...
@jambi462 (4598)
• United States
17 Jan 13
I have used similar sites and most sites that I've used have some sort of payment fees. All the sites that I use that have these fees are still really good sites and usually the payments are pretty unaffected by a thirty cent or three dollar charge or whatever it is. I still think that it is very stupid that there should be a fee for us to cash out our earnings that we worked for. We earned their company money and then they just take money out of the money that we actually get paid. I think that it's stupid that paypal charges for these services and apparently payza does the same. The purpose of their company is to transfer electronic funds I don't understand why we have to pay them to do something that is all electronic and that is pretty much already done by their system.
• Mexico
17 Jan 13
I just think its wrong, that we get charged twice.
@june2248 (154)
17 Jan 13
Hi Mariaperalta, Paypal is a genuine online payment processor and work according to your country rules and regulations, problem is not created by paypal its created by bux host admins, most of the admins don't follow paypal rules and then they blame to paypal. TK
• Mexico
17 Jan 13
I think you are right, but those fees are very high I think....
@suspenseful (40316)
• Canada
16 Jan 13
That is why I do not take the minimum cashout. I wait until I get at least $10 that is after the fees. I do wonder if it is on a percentage base or a set amount? I do think it is unfair, sounds more like usury and if it is for government fees, why do they not say so?
• Mexico
16 Jan 13
I understand that, but since its a bux site. I may never get or see 10.00 there.
@ksktika (271)
• United States
16 Jan 13
maybe you should keep the money in paypal, and just cashout when you need to buy something. just payout from paypal. Yes, it's not right, but they need to survive. when i read that, i feel bad too!
• Mexico
16 Jan 13
yes, but I was charged for cashing out, and when it went into pp acct.
@airasheila (5459)
• Philippines
16 Jan 13
hi there mariaperalta, that is a big no, no. imagine the amount that you will be getting is not really a big one, hence, you still need to pay those charges. its like you are doing the earnings for nothing. i guess, try to shift out from that though it somehow add an extra.
• Mexico
16 Jan 13
its really not big now.. after both sites charging me fees.
16 Jan 13
that's too bad they have taken almost everything that you've worked for, but I guess that's the way it is when transferring, or depositing cash from Paypal, Probably it will be much better to cash out when it reach higher from the previous value you made so your take home pay is better what we work for ;)
• Mexico
16 Jan 13
sure have, but I havent noticed this at other sites.