When you pay a friend or get paid via paypal you get charged a small fee by Paypal depending on how the funds were transferred. The default method is Online Purchases which you can see below has the following charges:
Paypal transfer fees
Here are sample transactions I have using Online Purchases with their deductions:
Sample Paypal Transactions
You can bypass these charges if you use Personal Transfers as seen on the first picture above. Note the text: Free when the money comes from PayPal balance or bank account. You can do this by doing the following:
- Log in to your Account.
- Click Send Money Tab.
- Type in the Email Address of the Recipient and the Amount.
- Now here’s the most important: Choose Personal Payments tab and then choose the purpose of payment. You can choose any of those but I always choose Others.
- Then click Continue.
Paypal Personal Transfer
Then when everything is done you should see a confirmation:
Paypal receipt
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hi.. thank you! this is the first time i heard this one.
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