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Dan, I think Argus is right. When I collected for the wedding gifts I had to open a Paypal acct.. (wow...wonder if it's still active or I can remember pw's?!) anyway, one thing that I found out was if anyone pays with a credit card or your balance transfered in goes over $100 in a month you need the premier acct. I don't recall if 2% is the amount of the fees, it may be that now. I seem to recall it being 1.66 or some weird fraction and that amount is deducted from all transactions coming in...might only be those over $20, I'm not sure.. but Paypal can tell you. In fact if your acct gets more than $100 in a month or someone pays with the credit card, they'll email you about it!
Cloudy |
your gift's on its way to you
and I'm off to the banners too |
<blockquote>quote:</font><hr>Originally posted by Cloudbringer:
Dan, I think Argus is right. When I collected for the wedding gifts I had to open a Paypal acct.. (wow...wonder if it's still active or I can remember pw's?!) anyway, one thing that I found out was if anyone pays with a credit card or your balance transfered in goes over $100 in a month you need the premier acct. I don't recall if 2% is the amount of the fees, it may be that now. I seem to recall it being 1.66 or some weird fraction and that amount is deducted from all transactions coming in...might only be those over $20, I'm not sure.. but Paypal can tell you. In fact if your acct gets more than $100 in a month or someone pays with the credit card, they'll email you about it! Cloudy<hr></blockquote> The 2% or whatever it is though is only deducted from what you receive. As far as I could tell there's no upfront/fixed cost to worry about. I would suggest bumping up to premier...with 5000 members based around the world it might be the cheapest and most efficient way to manage donations. |
do you need ballons??? I.. I've got loads of them :D
Joke! Must be really hard on you Ziroc.. We will all do what we can! |
Let's not forget to click the ads while we're here.
Every little click helps. |
Ziroc, how much money does it cost to run IW?
Just a bit curious |
Do you only have to click on the ads, nothing else, cos in that case I'll just click away!!
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I Would Love To Ziroc, But I have Hardly Any Money As It Is, And I Live WAAY Over Here In England! When Im Rich And Famous I'll Send You Lots!
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Sent! I got a message saying that you might need to upgrade your account to accept it though.
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<blockquote>quote:</font><hr>Originally posted by MILAMBER:
Sent! I got a message saying that you might need to upgrade your account to accept it though.<hr></blockquote> That's what I meant by there being a limitation on credit card orders. If you use a bank account, it will go through. I think the card feature is $100 a month. I thought it was per transaction, but it may be overall. I do know that I can send to multiple users though and there is a limit of $5000 in that respect (over 6 months). I am not a seller, just a buyer, so don't know it completely. |
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