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PayPal. Gift?

post #1 of 9
1/21/10 at 8:20pm
Thread Starter 
Hmm. I keep seeing sellers and buyers alike saying that sending money through PayPal as a "gift" doesn't incur PayPal fees.

However, every time I try to send money as a "gift", I still get hit by a fee.

What?

Thanks,
Leon
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post #2 of 9
1/21/10 at 8:21pm
You have to have the full amount on your PP balance. To achieve this: first sell, then buy.
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post #3 of 9
1/21/10 at 8:23pm
or from the linked checking account instead of a credit card.
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post #4 of 9
1/21/10 at 9:34pm
There's another side "benefit" to paying as a gift that's not too fun if things go bad for the buyer.
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post #5 of 9
1/21/10 at 9:46pm
Yeah... it's also fraud. Both seller and buyer, depending on evidence PayPal and supporting evidence both parties can provide, can be charged, not to mention PayPal has a habit of freezing funds and there is nothing you can do about it.
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post #6 of 9
1/21/10 at 11:32pm
True, but if you send it as payment owed as opposed to gift there is also no fees if linked to a checking account. Therefore it would get around the whole fraud thing, as it is a payment owed.
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post #7 of 9
1/21/10 at 11:47pm
Quote:
Originally Posted by Shark50521 View Post
True, but if you send it as payment owed as opposed to gift there is also no fees if linked to a checking account. Therefore it would get around the whole fraud thing, as it is a payment owed.
I've never heard this before... interesting, I'll have to look into it some more.
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post #8 of 9
1/24/10 at 1:42am
This thread reminds me - I've got to unlink my checking account from my paypal account.
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post #9 of 9
1/24/10 at 10:04pm
No fees for "gift" payment only if paid in full by Paypal account balance, if paid via credit card fees will be charge like normal transaction.

I think its a bad idea paying by gift transaction, i would rather paid the fee and get some insurance...
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