Paypal

Feb. 14th, 2006 07:45 pm
gemfyre: (Default)
[personal profile] gemfyre
Okay, I opened a Paypal account to make the sale of all these ponies easier.

I have a basic account.

So, can someone confirm that this is how it works.

1. I give my e-mail to the payer.
2. They pay in their currency (or is it US currency? I'm giving prices in USD just for ease).
3. When I figure the exchange rate suits me, I go to Paypal and convert the foreign currency to Aussie dollars. I couldn't see anything about there being a fee for this, but I want to make sure.
4. If I withdraw less than $150Au they charge me $1. If I wait until all the sales are made and then withdraw it (likely to be a few thousand bucks) then I get charged nothing.

I'm just worried about hidden fees and hitches and things.

May 2025

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