** Read regarding how paypals new rules, put into effect 6/3/09 affect trading here at HCW Updated 6/11/09. fees can be shared or passed on to buyers if disclosed

bugface711 · 06-06-2009, 11:58:46 AM

There have been some changes in how paypal handles fees. These fees now apply to personal accounts in addition to business accounts.

Prior to 6/2/09 some members had business accounts that charged fees for all transactions. Biz accounts allow members to accept credit and debit card payments.
Personal accounts, in the past did not charge a fee as long as existing funds or direct bank transfers or echecks were used. This is no longer always the case.

Now, it does not matter if you are using a paypal account called a personal account, if you a doing purchases/sales there are fees.

When you go to the send money option, it defaults to a Purchase tab where you select what type of purchase it is. The choices are goods, services & ebay.
ANY purchase is going to generate a fee regardless of how you pay or what type of account the sender and recipient has.

The second tab is called personal and the options are gift, payment owed, cash advance, living expense & other.
If your transaction is "personal" and existing funds are used or if the money is withdrawn directly from your bank, no fees will be charged.

How does this apply to trades?

1. Sellers and traders can specify in trade posts that payments must be personal and existing funds.

2. It has been decided that sellers in auctions and traders that are receiving money CAN ask the buyer/winner to pay all of, 1/2 of, or some portion of the fees associated with them receiving the money.
This must be said up front, either in the auction post, the trade post or at the beginning of trade negotiations. Only actual fees can be charged to winners/buyers. No handling fees, or fees for personal transactions.

Thanks for reading all the way to the end. If you have an questions, feel free to pm the auction mods.