New Paypal fees as of today?

[bazsarozsa]

How is the new paypal fee going to affect the payments? Thanks!

[CPBryan]

We pay the fees on payments. you will still recieve the exact amount you cashout.

[CPBryan]

I just looked at paypal. Where did you hear about there new fees? Everything looks the same to me. I've received 5payments so far today (from ebay buyers), and the fees were exactly as they have been for the last few years.

[bazsarozsa]

Amendment to the PayPal User Agreement

Effective Date: June 3, 2009

Beginning June 3, 2009 PayPal user agreement is being amended as follows:

1. Section 4.2 of the user agreement will read as follows:

1.

“4.2 Receiving Payments for Commercial Transactions and Personal Transactions.a. Fees depend on whether you are making a commercial transaction or a personal transaction. A commercial transaction involves buying and selling goods or services, and payments received when you send a “request money” using PayPal. A personal transaction involves sending money to and receiving money from friends and family without making a purchase.

b. If you are selling goods or services, you may not ask the buyer to send you a personal payment for the purchase. If you do so, PayPal may remove your ability to accept personal payments.”

2. Section 8 of the user agreement will read as follows:

1.

8. Fees. All fees are in U.S. Dollars unless otherwise stated.

Fees depend on whether you are making a commercial transaction or a personal transaction. A commercial transaction involves buying and selling goods or services, and payments received when you send a “request money” using PayPal. A personal transaction involves sending money to and receiving money from friends and family without making a purchase.

Personal Transactions. Fees depend on the payment source that the sender selects. The amount of the fee will be shown at the time the payment is sent. The Fee is paid by either the sender or the recipient. The sender decides who pays.

[CashPirate]

I don't think the fee prices changed at all, just what payments include a fee and which do not.