How to do PayPal money transfers for free! Please sticky!

Post Egnater & Randall MTS amps, modules and cab for sale and wanted. Please no dealers.

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bnalls
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How to do PayPal money transfers for free! Please sticky!

Post by bnalls » Tue Aug 11, 2009 6:46 pm

Sorry this is in the wrong / right category. I just wanted to inform everybody that under certain circumstances, PayPal transfers money for free. The criteria are:

Must be labeled as a Personal Transfer. You have this option when you pay.
Also, the money must be in your PayPal account and be going straight to another PayPal account. The money cannot still be in your bank account.
Well that's about it. If the money's already in your account, and you go to pay somebody, click on:

Send Money
Enter the email address and the amount
Now where it says Purchase, to the right of that is says Personal.
Click Personal
Choose either: Gift, Living Expense, Payment owed, or other and it's done. Nobody pays the fee. Sellers will like this.

Well enjoy that tidbit. It was news to me and I am stoked. Use it when you can.

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Last edited by bnalls on Tue Aug 11, 2009 10:29 pm, edited 2 times in total.
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studio289
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Post by studio289 » Tue Aug 11, 2009 7:48 pm

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Last edited by studio289 on Fri Jan 28, 2011 2:21 am, edited 1 time in total.

bnalls
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Post by bnalls » Tue Aug 11, 2009 7:52 pm

Well that sucks. Guess it only works if you trust the person.
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JKD
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Post by JKD » Tue Aug 11, 2009 8:13 pm

There are plenty of people on here who I'd trust to use this...thanks!
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bnalls
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Post by bnalls » Tue Aug 11, 2009 8:33 pm

If only we can reach one person...it was all worth it. :D
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studio289
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Post by studio289 » Tue Aug 11, 2009 8:58 pm

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Last edited by studio289 on Fri Jan 28, 2011 2:21 am, edited 1 time in total.

bnalls
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Post by bnalls » Tue Aug 11, 2009 9:10 pm

Yes. I agree. It's not common public knowledge, and for transfers among family, friends and TRUSTED forum members, it's invaluable to win one for the little guy. Huge Corporation, you get none.
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Dirtdog
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Post by Dirtdog » Wed Aug 12, 2009 9:56 am

I would not do it that often. Big brother is watching and if there were alot of transactions it could raise a red flag. I have done it, but IMO try to keep it on the DL. :lol:
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Post by jdr94 » Mon Nov 16, 2009 9:13 pm

Dirtdog wrote:I would not do it that often. Big brother is watching and if there were alot of transactions it could raise a red flag. I have done it, but IMO try to keep it on the DL. :lol:
+1 on that.

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Post by m0jo » Wed Nov 18, 2009 4:08 am

Something else about this: you're denying Paypal payment for a service they provide.

I don't want to be captain morale or anything, but if they don't get paid for their service.. at some point they won't be able to provide it anymore. ;)

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roszatycki
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Post by roszatycki » Sun May 30, 2010 2:13 pm

Last time I sent money using the gift option it made me pay the fees. From what I can tell Paypal has already put a stop to this. Correct me if i'm wrong.
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Post by kylendm » Sun May 30, 2010 2:18 pm

Nah I just used it a few times. I was fine.
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Post by Mister Joshua » Sun May 30, 2010 5:55 pm

Yes depending on the size of the "gift" there may be charges. I had to pay fees to send someone a "gift" on paypal. Not uncommon at all.

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crankyrayhanky
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Post by crankyrayhanky » Mon Sep 13, 2010 12:42 pm

Party's over!
We recently changed our pricing so that all PayPal customers can receive
money from friends and family within the US for free. PayPal merchants
receiving money as payment for a purchase, continue to incur fees.

We?re not sure if you are aware of this, but we noticed that some of
your customers are sending you personal payments for purchases.
Unfortunately, this violates our rules, and we need your help correcting
this. Please don?t ask or allow your customers to use personal payments
to pay for their purchases.

If we continue to see such activity after Sep 27, 2010, we may have to
disable your ability to receive personal payments, and then you will pay
fees for all money received through PayPal.

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Post by HughJasol » Mon Sep 13, 2010 1:16 pm

crankyrayhanky wrote:we noticed that some of
your customers are sending you personal payments for purchases.
But how does PayPal think they know that these are customers, and not friends or family? And how do they know these payments are actually for purchases? Can they prove any of this? :?
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