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How much does Paypal cost
Generally, Paypal charges 2.9% plus US$ .30 per transaction.
This is regardless of whether the registrant pays with a credit card or from their own Paypal account. Paying from your Paypal account means drawing the funds on deposit with Paypal, or funds from the members bank account if the member is a Premier or Business member.
If the member is a 'regular' member and they do not have funds on deposit with Paypal, they must have a credit card on file.
In all cases, a Paypal member can choose to not log into their Paypal account and simply use a credit card to pay for a transaction.
Note that you must have a Premier or Business account for people to pay you with a credit card. If you have only a personal account, people can only pay you with their own Paypal funds (Funds on deposit with Paypal).
PlanetReg will soon have the ability to asses a 'handling fee' of 3% (or whatever you choose) to be added to registrants that choose to use Paypal/ Credit card as a method of payment. This fee will be added to the 'fee' shown on a registrants invoice, but will be forwarded to the organizer/ administrator.
For more information on Paypal fees:
Paypal Fees
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