[Elecraft] [OT] PayPal fees

[Ray Sills]

Hi Bill:

Yes, not "heavily advertised" but it is there.  Also works from a  
"funded" account (where you have a balance in PayPal).

There is a similar service called Dwolla, which lets you make payments  
to others.  Payments under $10 are free, and payments over that cost  
25¢... cheaper than a postage stamp.  Oddly, the fee is charged to the  
-recipient- not the sender... so when I use it, I just add the 25¢ to  
the amount sent.

Also some banks will let you send money to anyone with an email  
address... the bank sends a message to the recipient with instructions  
as to how to get the funds deposited into their bank account... so the  
sender does not need any knowledge of the recipient's bank account.

I'm sure there are other services, too.

73 de Ray
K2ULR

On Feb 18, 2014, at 11:48 AM, Bill Turner wrote:

>
> Note to everyone:  If you tell PayPal it is for "Friends and Family"  
> and you transfer direct from a bank account, i.e. not a credit card,  
> there are no fees if the transfer is within the USA. The fees apply  
> only to businesses and/or credit card transfers and/or international  
> transfers.
>
> PayPal does not advertise this much for obvious reasons, but it is  
> there in their policy statement and I use it all the time. It really  
> is free.
>
> 73, Bill W6WRT