Paypal charges different fees if you hold a personal account and different fees when you hold a Premier/Business account and this is not only on the transactions of recieving money but on multiple different kind of transactions ranging from withdrawing money to transferring funds. Check out this table for getting a clear idea on how paypal charges fees on your transactions.
| Type | Personal Account | Premier/Business account |
| Open an account | Free | Free |
| Send money | Free | Free |
| Withdraw Funds | Free for Rs.7,000.00 INR or more, Rs.50.00 INR for Rs.6,999.99 INR or less to bank accounts in India |
Free for Rs.7,000.00 INR or more, Rs.50.00 INR for Rs.6,999.99 INR or less to bank accounts in India |
| Add funds | Free | Free |
| Accept the following funded payments: * PayPal Balance * PayPal Instant Transfer * PayPal eCheck |
Free | 2.4% + $0.30 USD to 3.4% + $0.30 USD |
| Accept credit or debit card funded payments |
5.4% plus $0.30 USD. No transaction limit for payments sent via Skype, otherwise there is a limit of 5 transactions per year 5.4% plus $0.30 USD for card payments received using PayPal on Skype |
2.4% + $0.30 USD to 3.4% + $0.30 USD |
| Multiple currency transactions | Exchange rate includes a 2.5% fee. If your transaction involves a currency conversion, it will be completed at a retail foreign exchange rate determined by PayPal, which is adjusted regularly based on market conditions. |
Exchange rate includes a 2.5% fee. If your transaction involves a currency conversion, it will be completed at a retail foreign exchange rate determined by PayPal, which is adjusted regularly based on market conditions. |
is it necessary to have company name for business acounts ?
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Hey,, can i open two accounts on paypal??
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proxyman Reply:
April 14th, 2010 at 9:04 am
yes u can open two accounts. but one should be personal & business. u can’t have 2 personal or 2 business accounts
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im working for survey . if the survey asks of paypal email address which email i hav to give
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@ Amar – It is really not recommended using 2 different Paypal accounts, But you can always add a secondary email inside your paypal account to receive funds.
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Hi amit
i have money in paypal inform of $(dollar). And i want to transfare that money in my bank account so what i have to do?
How can i convert $ into indian Rs?
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What about merchant account…
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Thanks for your excellent paypal tips. As shown in the above table personal paypal account fees are free to receive paypal instant transfer. Just, wanna know, suppose If i transfer $100 from my personal paypal account to my friend’s paypal account, what would be the transaction fees. I believe this would be an instant transfer.
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