Does paypal charge fees to receive 2 cents?

@dhatam7 (258)
India
November 11, 2008 12:47pm CST
I am recently going to receive 2 cents from someone into my paypal account. I want to know that what fees does paypal charge for such small transactions. Or is it wise for me not to do such transactions? Please, anybody help is appreciated!!!
1 response
11 Nov 08
i don't think they charge anything at all, unless it's in another currency than your basic setup. They do have a minimum withdraw amount and so on, though - check their fees pages.
@dhatam7 (258)
• India
11 Nov 08
Hi Spike! I actually saw their fees page & saw that for receving money from other paypal account in case of premier accounts is 2.9% + 0.30 USD for transactions less than 3000 dollars. That's why I did not understand how much fees will they charge for 2 cents.