Paypal Fees Increased This Month for Indians

I have learned that after March 30th, the paypal has added some new rules and features to the payment system. Now we are being charged higher for the payment acceptance. I don’t think there are any charges for sending money. That is remained free for some of the time. Paypal on the other hand, you can see adding more fees in the program. This month I got few payments from multiple payment sources. And found that paypal has added the fees lot more than usual. And for this reason i don’t accept the small or low fee into the account. I want to see how much can be in future if I want to accept the higher amount.

Premium Account

Those who are using personal account too have faced the change. But the premium account seems to be the most affected. As this account is enabled for selling services online. This can be some of the times bad for many people to accept the money with such high fees. I think payoneer on the other hand would be more beneficial. I can tell you that premium account may not bring much output for me. And this means I may have to switch to other premium services like say stripe or payoneer. Based on how much charge they are going to apply, it would be harder to even see how the premier account may work out.

Payment Under 10$

You may notice that any payment under 10$ may got few cents extra deducted under service terms. And with every increase in 10$, you’d have more issues with the withdrawals. I have got the 10$ before and after this rule change. And I found that there is difference of 25 cents per 10$ change. And it seems or premium account higher charges will be with higher money. So say for 15$, you may find that it is going to charge you around say 96 cents. And for premium account, this is given to be offered with more features. I don’t use those features but the money is gone none the less. I think this is another reason i prefer not to use paypal for accepting money.

Indians or All Users?

I think this is the question if this change is made for just Indians or all. I am not sure if this change is going to be any good or bad. I think most of the premium account users who are freelancers, may have got some bad heat in there. I am not sure if this is going to help them much. But based on what I am doing these days with the amount of efforts of low cost payment acceptance. I personally think that payoneer and the other services are much better. Bitcoin can be good too. But you may have to wait and see if you can get it in legal way for the payment transactions. So far that facility is not much available as well.

That being said, how do you find new fees from paypal for your online earning? Are you affected what is your plan and what you can do about it? You can see that

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