You're not a merchant or those are friends/family type no-fee transactions. For business recipients they take a few %, that adds up really quickly.
https://www.quora.com/How-does-PayPal-make-money-1 On Fri, May 26, 2017 at 11:57 PM, Steve Jones <[email protected]> wrote: > How does paypal make money outside paypal buyer credit? I remember way bac > in the day, it was two things to take a payment or make a payment. I prefer > to pay with paaypal, I actually will opt not to donate to certain causes > (dick that I am, a big percentage of my income goes to donations, like > don't tell the old lady how much of those random paypal expenses aren't to > "buy gear for work") > I never felt good about it cause in the day there were fees to the > recipient. but recently Ive found a lot of my folks I do 1099 work actually > prefer to pay me paypal. I dig the shit out of it, I get free transaction > documentation (this is the sole reason I started taking those payments, it > costs me anywhere I log a a payment) but I haven't got a transaction fee or > anything, no balance percentage, nothing. I just dump 30-35 percent into my > tax account on any payment depending on the gig. > How do they stay in business since it appears outside buyer credit its > fre, or am I just small enough they don't charge me? >
