Save on those Paypal fees ~ How to minimise them

[mulligan]

I seen this on DNF and it's a good tip for those who use paypal to buy / sell domains and want to pay as little fees as possible.

This method means that the person you send money to does not pay a fee for recieving money into their paypal account (Usually around 4%)
It will cost the sender $1 USD to send amounts up to $10,000 USD. Amounts over this have to be split into separate payments.

This will only work if the sender has a Premier or Businesss account. It doesn't work for Personal accounts.
Also, It only works if you have a paypal balance (Apparently) so you can't make a payment using a credit card or bank account.

1. Open Notepad / Notepad2 or similar

2. Enter the recipients information in the following format:



Note that the 'spaces' are not actually spaces, use the tab key, pressing once where each 'space' is.
Important: Use all capital letters!

4. Save it to your desktop (Call it whatever you want)

5. Login to your paypal account (Must be a Premier or Businesss account) and at the bottom of the screen on the left you will see a link called 'Mass Pay' .. Click on it

6. On this page there is a link called 'Make a Mass Payment' .. Click on it

7. In the Attach Mass Payment File: browse to where you saved your text file

8. In the Recipient Type box choose Email Address

9. Fill in the Email Subject and Note boxes as you like and click Continue

10. The next page will show you the details of your transaction, it will also show you that you, the sender will be charged $1 USD to send the payment.

11. Confirm

Thats it!

The recipient will not be charged any fees and it only costs you $1

[IDNer]

Thanks for sharing