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"PAYPAL" Friends and Family...Question

871 views 16 replies 8 participants last post by  360Media 
#1 ·
I have a guy want to buy some things I have for sale. He wants to use Paypal so he can make payments. I am not a business, but understand that Paypal will charge me 3% to 4% fee.

So tell me about this friends and family thingie. Or point me in the right direction to read about it.

Thank You,
 
#12 ·
There are no transfer fees for friends and family from either the sender or receiver. But it cannot be used to pay for goods or services. If you are selling and buying, then the fees need to be paid. That also protects both parties during the transaction.
 
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#16 ·
Rereading your original message and I see he wants to use PayPal credit so he can make.payments? I'm guessing it would have to go through as a business transaction that way. I haven't seen an option to transfer cash to friends and family with the payments option. So like a app said just figure out the fees and. Tac it on to the price.
 
#17 ·
Many people like this option because it provides a record of transaction. My company uses PayPal exclusively. There would be no fee for you to receive the money. No chance of getting rolled for cash, and the money is available darn near instantly. . Personally I believe your safe with PayPal transactions for the most part. Good job being diligent. The scammers are everywhere.
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