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  #1  
Old 10-17-2018, 01:35 PM
silvor silvor is offline
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How I'm reading this is for debit/credit cards to your paypal account only.

I think paypal to paypal (friends and family) and paypal to your bank (the three day deal) is not affected.

I think.

Last edited by silvor; 10-17-2018 at 01:36 PM.
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  #2  
Old 10-17-2018, 01:48 PM
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AGuinness AGuinness is offline
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Quote:
Originally Posted by silvor View Post
How I'm reading this is for debit/credit cards to your paypal account only.

I think paypal to paypal (friends and family) and paypal to your bank (the three day deal) is not affected.

I think.
I was reading it as transfers from PayPal to a bank account, but I could be wrong...
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  #3  
Old 10-17-2018, 01:54 PM
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If it's PayPal to Bank, I'd probably quit using PayPal altogether. I hate fees - hate them. There are few I will accept, and charging me to transfer to my bank is not one of them.
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Last edited by KMayUSA6060; 10-17-2018 at 01:54 PM.
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  #4  
Old 10-17-2018, 02:02 PM
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All of this is done electronically. They shouldn't get squat to do this. But they're greedy and will steal anything they can. Screw you PayPal.
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  #5  
Old 10-17-2018, 02:10 PM
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EDIT EDIT

This is only for business accounts. It is on this page:
https://www.paypal.com/us/webapps/mpp/merchant-fees

I can find nothing about this relating to the typical "Instant Transfer" relating to other types of accounts or payments. Paypal uses the term "Instant Transfer" to mean paying with Paypal using a linked bank account with backup funding source.

Last edited by Tripredacus; 10-17-2018 at 02:18 PM. Reason: Paypal uses the same term for multiple things.
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  #6  
Old 10-17-2018, 02:11 PM
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You guys must be talking about the Instant Tranfer to a Debit card fee.
If your transferring to a linked bank account...its FREE.

The only difference is the Instant transfer is quick and within minutes, as opposed
to the bank account that could takes a few days.
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Last edited by pawpawdiv9; 10-17-2018 at 02:13 PM.
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  #7  
Old 10-17-2018, 02:16 PM
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Yes...what the above poster said. Instant transfer is currently only .25 cents. Now that is going up. If you want the old fashioned transfer (which is roughly one business day), that should be free.

Last edited by bobbyw8469; 10-17-2018 at 02:17 PM.
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  #8  
Old 10-17-2018, 03:02 PM
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Quote:
Originally Posted by pawpawdiv9 View Post
You guys must be talking about the Instant Tranfer to a Debit card fee.
If your transferring to a linked bank account...its FREE.

The only difference is the Instant transfer is quick and within minutes, as opposed
to the bank account that could takes a few days.
Well that's better than what I thought. Sorry about the confusion!
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  #9  
Old 10-17-2018, 03:31 PM
chalupacollects chalupacollects is online now
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As you see the separation between Paypal and ebay become complete expect to see more fees to make up for lost income/revenue when they were technically one company.. same thing happened years ago in payment processing world and they are in it now as standalone units... people will bark but few will quit...
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  #10  
Old 10-17-2018, 03:42 PM
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Quote:
Originally Posted by rdwyer View Post
All of this is done electronically. They shouldn't get squat to do this. But they're greedy and will steal anything they can. Screw you PayPal.
Paypal develops the systems, maintains those systems, tries to secure those systems, so that people who use them benefit from their speed and ease. For this, "They shouldn't get squat"? I disagree. We can disagree about how much they should receive for this service (and maintenance), but services have cost and Paypal is not a charity. I don't understand the outrage and the desire for Paypal to work for the public for free.
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  #11  
Old 10-17-2018, 04:07 PM
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It's all done electronic. Not one person is involved. What should that be worth?
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  #12  
Old 10-17-2018, 04:10 PM
itslarry itslarry is offline
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Quote:
Originally Posted by rdwyer View Post
It's all done electronic. Not one person is involved. What should that be worth?
A lot of stuff is done that way now.
Shoot, robots built my car for the most part, yet I still was charged for it.


Or is it communist day?
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  #13  
Old 10-17-2018, 04:15 PM
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Quote:
Originally Posted by rdwyer View Post
It's all done electronic. Not one person is involved. What should that be worth?
How can I help you understand? The best I can come up with is to ask you to re-read the first sentence in my prior post.

Do you refuse to pay the electric company because electricity is "done electronic" and not one person is involved? Or do you recognize that the system and its maintenance have cost and the ease of receiving electricity is worth the cost and time over the alternatives of washing your clothes by hand, making candles, walking to the tundra to drag down some ice?
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  #14  
Old 10-17-2018, 04:26 PM
RedsFan1941 RedsFan1941 is offline
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Quote:
Originally Posted by rdwyer View Post
It's all done electronic. Not one person is involved. What should that be worth?
and you think all of that happens magically?
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  #15  
Old 10-22-2018, 08:27 AM
NotVader NotVader is offline
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Default Silvor

Quote:
Originally Posted by silvor View Post
How I'm reading this is for debit/credit cards to your paypal account only.

I think paypal to paypal (friends and family) and paypal to your bank (the three day deal) is not affected.

I think.

SILVOR is correct
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