13
Jun
2016
A question about : Need PayPal business advice
I have just set up my own business and want to take payment through PayPal. I have gone through the majority of set up (linking my bank account, etc) but I can't seem to figure out how PayPal will take the money for the fees they charge for each transaction that I put through them?
Can anyone give me a quick guide of what to expect/to do?
Thanks!
Best answers:
- The amount that is credited to your Paypal account and made available for withdrawal to your linked bank account is net of the fees.
So on a Ј10 payment received via Paypal - your Paypal account would be credited with Ј9.46.
Hope this helps.
Debbie
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