| | 
09-24-2023
| | Junior Member | | Join Date: Feb 2022
Posts: 3
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0% Longevity: 12% | |  get paid via paypal as a friend?
my problem is that despite regular PayPal profiles cracking, if I start receiving payments PayPal asks for information on the business model and after I tell them that it's cosmetics they close the account, so in order to avoid PayPal asking me for a lot of information, believe me Is it a good idea if I get paid by customers via PayPal as a friend?
do you think paypal will continue to ask for information on why I get paid? consider that on average I receive 5000 euros per month
| |
The complete step-by-step guide to get back to selling today!
| | |
09-24-2023
|  | Senior Member | | Join Date: Jul 2018
Posts: 12,215
Thanks: 1,657
Thanked 1,109 Times in 1,045 Posts
Activity: 92% Longevity: 33% | | Re: get paid via paypal as a friend?
No,it would be fee avoidance.
|
09-25-2023
|  | Super Moderator | | Join Date: Oct 2013
Posts: 5,552
Thanks: 1,073
Thanked 1,656 Times in 1,251 Posts
Activity: 23% Longevity: 61% | | Re: get paid via paypal as a friend?
Don't you think that 5000 euros per month from "friends & family" will ring some bell in PayPal system?
You will not solve the problem this way.
Spread sales across multiple accounts and be prepared to provide what they ask for...
|
09-25-2023
|  | Executive [VIP] | | Join Date: Dec 2009
Posts: 76,090
Thanks: 5,946
Thanked 8,937 Times in 8,228 Posts
Activity: 100% Longevity: 83% | | Re: get paid via paypal as a friend?
friends and family receiving of this high amount per month is dangerous for account health indeed
|
09-25-2023
| | Senior Member | | Join Date: Jul 2018
Posts: 12,215
Thanks: 1,657
Thanked 1,109 Times in 1,045 Posts
Activity: 92% Longevity: 33% | | Re: get paid via paypal as a friend?
what kind of cosmetics were you selling?
Do you have your own website or selling on a sales venue?
|
09-25-2023
|  | Senior Member | | Join Date: Sep 2010
Posts: 2,165
Thanks: 55
Thanked 582 Times in 490 Posts
Activity: 7% Longevity: 78% | | Re: get paid via paypal as a friend?
That amount of volume sales amounts would be viewed as fee avoidance.
Depending on how you are selling your product it would make more sense to use a merchant bank solution.
|
10-04-2023
| | Senior Member | | Join Date: May 2018
Posts: 231
Thanks: 114
Thanked 29 Times in 24 Posts
Activity: 9% Longevity: 34% | | Re: get paid via paypal as a friend?
why? in case of F&F payments the sender pays the fees (not receiver). There's an exception though - sending to the same country pp. In this case there will be no fees. Quote:
Originally Posted by agent006140  No,it would be fee avoidance. | |
10-04-2023
| | Senior Member | | Join Date: Jul 2018
Posts: 12,215
Thanks: 1,657
Thanked 1,109 Times in 1,045 Posts
Activity: 92% Longevity: 33% | | Re: get paid via paypal as a friend?
Friend and family is free in local currency if the sender uses cash in his Paypal account or bank account,if he uses a credit card,yes,he has to pay a fee.
as PAypal has to pay a fee.
Like the other suggests,apply for a merchant account instead of using Paypal if you have your own website
Last edited by agent006140; 10-04-2023 at 10:15 AM.
|
10-04-2023
| | Senior Member | | Join Date: Jul 2018
Posts: 12,215
Thanks: 1,657
Thanked 1,109 Times in 1,045 Posts
Activity: 92% Longevity: 33% | | Re: get paid via paypal as a friend?
Quote:
Originally Posted by avtobus why? in case of F&F payments the sender pays the fees (not receiver). There's an exception though - sending to the same country pp. In this case there will be no fees. | Paypal offers you a service and charges you a fee to pay its bill(rent,utilities,computer,payroll),the fee your sender pays if he uses a credit card,is for Paypal paying its own merchant service provider.
There is no free lunch,F & F is free if you do not abuse it
|
10-04-2023
| | Executive [VIP] | | Join Date: Dec 2009
Posts: 76,090
Thanks: 5,946
Thanked 8,937 Times in 8,228 Posts
Activity: 100% Longevity: 83% | | Re: get paid via paypal as a friend?
OP, analyze your business model and avoid this f&f nonsense that is risky
|
10-04-2023
|  | Super Moderator | | Join Date: Jul 2008
Posts: 15,997
Thanks: 323
Thanked 2,553 Times in 2,205 Posts
Activity: 57% Longevity: 91% | | Re: get paid via paypal as a friend?
Quote:
Originally Posted by grignacarbo my problem is that despite regular PayPal profiles cracking, if I start receiving payments PayPal asks for information on the business model and after I tell them that it's cosmetics they close the account, so in order to avoid PayPal asking me for a lot of information, believe me Is it a good idea if I get paid by customers via PayPal as a friend?
do you think paypal will continue to ask for information on why I get paid? consider that on average I receive 5000 euros per month | You use their service... pay them and stop abusing their policy
|
10-05-2023
| | Junior Member | | Join Date: Mar 2014
Posts: 89
Thanks: 0
Thanked 11 Times in 8 Posts
Activity: 0% Longevity: 58% | | Re: get paid via paypal as a friend?
Quote:
Originally Posted by grignacarbo my problem is that despite regular PayPal profiles cracking, if I start receiving payments PayPal asks for information on the business model and after I tell them that it's cosmetics they close the account, so in order to avoid PayPal asking me for a lot of information, believe me Is it a good idea if I get paid by customers via PayPal as a friend?
do you think paypal will continue to ask for information on why I get paid? consider that on average I receive 5000 euros per month | Ban on Italy is after 1700 EUR. After 2k paypal have to send information about you to azenzia delle entrate =)
|
10-06-2023
| | Senior Member | | Join Date: May 2018
Posts: 231
Thanks: 114
Thanked 29 Times in 24 Posts
Activity: 9% Longevity: 34% | | Re: get paid via paypal as a friend?
I made F&F payments between my accs, I know what I'm saying, there's a fee when sending F&F. I pay it as a sender. When i make a GS payment, the receiver pays the fees. I speak about pp funds in both cases, no credit card money. Quote:
Originally Posted by agent006140 Paypal offers you a service and charges you a fee to pay its bill(rent,utilities,computer,payroll),the fee your sender pays if he uses a credit card,is for Paypal paying its own merchant service provider.
There is no free lunch,F & F is free if you do not abuse it | |
10-06-2023
| | Senior Member | | Join Date: Jul 2018
Posts: 12,215
Thanks: 1,657
Thanked 1,109 Times in 1,045 Posts
Activity: 92% Longevity: 33% | | Re: get paid via paypal as a friend?
Paypal has a table which shows fees by country when you send money via friend and family.
You said you sent money between your accounts using Paypal fund,are these accounts in the same country and no currency translation?
|
10-06-2023
| | Executive [VIP] | | Join Date: Dec 2009
Posts: 76,090
Thanks: 5,946
Thanked 8,937 Times in 8,228 Posts
Activity: 100% Longevity: 83% | | Re: get paid via paypal as a friend?
Quote:
Originally Posted by agent006140 Paypal has a table which shows fees by country when you send money via friend and family.
You said you sent money between your accounts using Paypal fund,are these accounts in the same country and no currency translation? | devil is in the details
|
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
|
