![]() ![]() ![]() I’m not sure whether this is to avoid fees by falsely classifying the transactions as personal or simply because everyone seems to already have it set up and the experience is better. Venmo works much better, anyway, and I now see lots of local businesses using it. When that turned out not to be the case, the refund didn’t recover the fees, either. The online documentation seemed to support that view. The sender was led to believe that, because she had chosen Friends & Family, I wouldn’t have to pay any fees. It was only when I did some digging did I realize that even though my friend received his full $2,000 back, I was still on the hook for those fees. I did a full refund via PayPal but I noticed that my account was still showing negative $60. Venmo, Zelle, Apple Pay Cash and Cash App are superior and PayPal is dead to me. Paypal’s fee structure is anti-individual and clearly they only want to serve businesses. They would not let me create a second account for personal use. When I asked about this, PayPal told me it was a consequence of having a business account. I’m not sure what to make of this because I haven’t been able to receive fee-free personal payments for a long time, probably at least a decade. With this new change, US business accounts won’t be able to accept fee-free personal payments, and people who use PayPal for their company will need to create a personal account to receive money fee-free from friends and family. There’s typically no fee involved, but it also drops protections for issues that might come up, like refunds or scams. F&F is intended for paying your friend back for dinner, for example, or giving your kid some birthday money - you know who’s receiving the funds and what you’re paying them for. Install SpamSieve for macOS to stop spam SpamSieve (30) is a very long-running, still regularly updated app that maintains its own database of spam and ham, and which plugs into Mail, Outlook. ![]() There are two ways of sending money on PayPal: Friends & Family and Goods & Services. Starting July 28th, only personal PayPal accounts will be able to get funds via Friends & Family, a transaction method intended for trusted recipients. PayPal is putting new limits on a feature in its payment system that allows people to receive money without paying extra fees, the company recently announced. ![]()
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