How long does it take to receive payment from a credit card through paypal?
Dec 05, 2009
in
Credit Card Machines
I have a costumer that owe me 00, he wants to pay me with credit card. I dont have any credit card account machine. So I opened an account with paypal and I read that paypal charge 2.9%. How long does it takes to receive payment from a credit card?
I know that the 2.9% fee is good, but my question is how long does paypal takes to deposit the money to my account. Because usually credit cards payment takes more than debit cards.
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2 comments
Leonard A on December 5, 2009 at 7:03 pm
paypal is a fast safe secure way of getting you money.
its a good intermediary between buyer and seller and because they
provide a secured service for both buyer and seller naturally there
is going to be a fee , but thats the cost of doing business.
take the payment and just accept the small fee paypal charges. No big deal , they are giving you a service so live with it.
as far as time…….instant. YOU GET ACCESS TO YOUR FUNDS RIGHT AWAY EVEN IF ITS A CREDIT CARD PAYMENT.
Ask for a withdrawal and paypal will send funds to your checking account and it takes about 3 days. That service is free.
buyer feels safe , seller feels safe , and everyones protected. So why shouldnt they charge a fee ? heck its less than what you would leave as a tip right ? my girlfriend says i should tip 15% but i feel better with 10%.
so paypal charges 2.9% , big deal. You get your money fast and safe.
by the way , ebay owns paypal and its proven over and over
that more people would buy from a seller on ebay when the seller offers paypal service .
you list an item with ebay……..listing fee
sell an item with ebay……..selling fee (ebay commission)
take a payment ………collection fee
total the whole thing up and its about 10-12%
but thats the cost of doing business and you do get
a good service out of it.
Dhanmaya on December 5, 2009 at 7:03 pm
I’m unknown in this case please provide me good information.
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