Post by Daniel » Fri Mar 01, 2013 9:34 pm

we have started to use masspay and deducting the transaction fee before commission payments are sent. normally my staff do it manually and tick the you will pay the transaction fee.

before when sending you the money the deduction was quite high. it could be between 2.5 - 4%.

now its 2% with a cap on that fee that stops at 50 USD.

so if we send $100 USD the fee is only 2 USD and if we send 10,000 USD the fee is 50 USD

the current masspay transaction fees are here:

https://cms.paypal.com/us/cgi-bin/?cmd= ... pi_masspay

trust me its cheaper this way.

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Post by no_leaf » Sat Mar 02, 2013 12:56 am

Thanks for your informative answer

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Post by settysantu » Sat Mar 02, 2013 1:34 am

Daniel this saved me $10.86 would be great if this is followed in future too :)

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Post by Johnathan » Sat Mar 02, 2013 8:41 pm

Great! Thanks, Daniel

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Post by rph » Sun Mar 03, 2013 2:45 am

Thanks!

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Post by mikeltn » Mon Mar 04, 2013 11:35 am

I got charged just 1% before, now 2% :(

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Post by opcrat » Mon Mar 04, 2013 6:33 pm

Great! Thanks Daniel.

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Post by villagedefrance » Fri Mar 08, 2013 4:02 pm

Good to know, thanks for the information.

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