It is unclear how much paypal charges when we do mass payment from our application.Would anybody let me know the details.
currently i found "For Mass Payments to recipients within the U.S., the fee is 2% of total up to $1 per payment. For Mass Payments to recipients outside the U.S.,the fee is 2% of total up to a maximum of $20.00 USD per payment, or the foreign currency equivalent of $20.00 USD."
information in paypal site.
what if i send 6000 $ to one/two user?Any answers and suggestions would be highly appreciated.
Paypal is very poor in documentation and do not have intuitive guide.
Thanks.
For example in the case of your 6000 dollar transaction. If it is a Domestic transaction you would be charged $1 fee for that transaction and if it was international it would be $20.
The breakdown is basically as the information you provide. Each transaction is charge to either the percentage or the fixed amount, whichever is lower. This fee is charged for each payment in your request. So if domestic a 50 transaction request would be a maximium of $50 or $1 per transaction. While internationally this would be $1000 for the same 50 transactions.
Related
I've been research on this topic without relevant information. The question is, if you split a payment using Adaptive Payment API (Parallel payment) to Seller A and Seller B, would each of them need to pay the 30cents one time fee, in addition to the 1.9-2.9% commission? Put it mathematically:
Buyer pays $10.00 to MyGig.com -
MyGig will split into 2 payments, $5.00 to itself for hosting, and $5.00 to the actual contractor.
Does MyGig pay 30cents + 2.9% (of the $5.00) as a total fee? Does the contractor also pay 30cents + 2.9% (of the $5.00) as a total fee? If this is the case, how do you avoid the 30cents to be applied twice? Does chained payment circumvent that problem?
Does Paypal charge Tax on refund of a Paypment.
I made a refund of an item on Paypal Sandbox. The item had a sales tax of 0.25 on it.
When I call the getTransactionDetails API to get the details of that refunded transaction I get 0.25 amt in SalesTax field of that transaction. But when I check details of that transaction by logging into Paypal Sales tax is not shown for that refund.
So is Sales tax charged on Refund or is it an API error
Thanks in advance for your help!
Got this reply from Paypal support
PayPal does not charge any taxes on transactions - we apply a flat fee and a fee based on the amount of the transaction. Whatever you charge in taxes is being reflected with the tax variable.
So for this case, the tax variable listed is merely the tax amount that was applied to the original transaction.
One question on using the payment button and facilitator fee:
I set my facilitator fee at 2% and noticed then I was unable to charge less than $0.26 with the payment button.
Am I "doing it wrong"?
Also, is this documented anywhere? If not, could it be?
More importantly, I'd like to make the suggestion for a tiered facilitator fee such that users could pay each other less than $0.26 and the facilitator would NOT get the 2%.
But the payment button would still work for amounts less than $0.26 and the facilitator fee would only kick in if the amount was $0.26 or greater.
Dwolla's minimum transaction amount is $0.01. Since you set your facilitator fee to default to a 2% of the transaction amount, Dwolla must enforce a total amount that would cover both the transaction total amount, and the facilitator amount to be of at least $0.01 value. The minimum transaction amount that would satisfy that requirement for the facilitator fee is $0.25 ($0.25 x 2% = $0.01), add to that the minimum transaction amount of $0.01, and you got yourself $0.26.
Conclusion - either disable the facilitator fee feature in your application's features page, or simply override the facilitator fee amount to $0.00 in your API call.
How does Paypal calculate the fees to apply to each receiver in case of a chained payment done with the Adatprive Payment API?
I'm intrested in the case where the primary receiver is the one who pays all the fees. Is the fee calculated on the total amount payed by the sender or is it a sum of the fees calculated on each aomount in which the transaction is split? The result can be very different because of the fixed .30 paypal charges on each transaction.
And how does this apply to microtransactions?
There are some worked examples on this site:
https://www.x.com/devzone/articles/adaptive-payment-fee-calculation-analysis
I have no idea about the quality of the examples, I just stumbled across it while googling. However, it looks like the primary receiver can simply pay the sum of the fees that each party would otherwise be liable for.
I am using PayPal Adaptive Payment and I want to know how PayPal calculates it's fee
I check the following link https://www.x.com/message/60352;jsessionid=54722E9CCAC2DE9E28CAA411F16AB457.node0#60352
It says
PayPal charges 2.9% + .30 cents per transactions (unless your montly volume qualifies you for a lower rate).
Where as, following calculation doesn't work in my case
I have $24.49 product, and PayPal fees is 0.39 (which doesn't match with above thing)
anyone have idea how it gets calculated?
Edited:
These are IPN values for $100 transaction :: [mc_fee]=>0.42 [mc_gross]=>100.00
Thanks
0.39 seems too low. Check this http://www.rolbe.com/paypal.htm out.
You can use a PayPal fee calculator that take into account all the parameters of the transaction like your country and currency and whether it is a domestic transaction.
Here is a link to the calculator that I use: http://www.convertforfree.com/paypal-fee-calculator/