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Old 06-14-2008, 01:39 PM   · #1
MJ
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Autism Special Olympics Baby Health
First to find this info on Namepros wins 50 NP$

Hey guys...

I read maybe last week or so.. not sure of the time, a post talking about how you cannot charge extra for paypal processing fees. Not sure if this was in a sticky post or where it was, I believe it was by a mod.

I've been looking for this post for an hour and cannot find it. Please help me find this post.

First to reply with the url to this post wins 50 NP$

Thanks for helping out and good luck in this contest!


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Old 06-14-2008, 02:20 PM   · #2
henniemeijer
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you mean masspay?
from other forum:



How to do PayPal "Mass Pay" payments and avoid fees. Read and learn!
I stumble upon a lot of people all the time who does not know how to pay with PayPal's "mass pay" feature, which only costs $1 in fees, instead of the usual 4%. I will therefore try to write a quick guide on how to do this. It is quick, easy and as long as you're paying with PayPal balance, anyone can do it. Some people believe that PayPal is only charging fees if the buyer is paying from credit card, but this is not right. PayPal charges roughly 4% of the amount from the payee, even though it is a PayPal balance payment.

Mass pay can be made only from a Premier/Business account, not from Personal accounts. Paypal does not charge incoming payments from balance to private accounts, so if you pay someone with a private account, just send normal payment, its free.

I know most of the experienced domainers on this forum knows how to do a Mass Payment, but I thought this might be useful for all the new domainers out there. Here we go..

Mass Payment

According to PayPal's mass pay instructions, you are supposed to create an Excel file with the payment information and save the file as a text file with tab separated values. I believe there is a much easier way to do it:

I. Open up notepad (or any text/ascii editor)

II. Type the following information, separated by tabs (use tab key, not spaces).


An example of a payment text file:

payment@domainsale.com 999 USD

This textfile will, when uploaded to PayPal, process a payment of $999 US Dollars to the PayPal address payment@domainsale.com

Save the textfile as anything you'd like, just try to remember where you saved it for later.

III. Log in to your PayPal account the usual way, but instead of sending a payment the regular way, look for the small link on the bottom of your screen that says "Mass Pay". Found it? Good, now click it.

Mass Pay Screenshot

IV. You are now one step away from doing a mass payment. Browse to find the text file you just created in notepad and upload it to PayPal as directed. Type in the e-mail address you want the receipt to be sent to and perform the payment by clicking the button.



Voila! The PayPal recipient has now received his/hers payment and it only cost you $1 in fees, instead of 4% !

Good luck with mass pay payments, it has saved me a couple of bucks as some deals involve adding the 4% fee to the final sales price.
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Old 06-14-2008, 02:26 PM   · #3
mis_chiff
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There is this one
http://www.namepros.com/domain-name...ght=fees+paypal
or this one
http://www.namepros.com/the-break-r...ler+paying+fees

there are some other links within the threads,
hopefully it'll lead to the one you need
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Old 06-14-2008, 02:40 PM   · #4
MJ
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Autism Special Olympics Baby Health
Thanks mis_chiff, This lead me to the link, 50 NP$ donates.

Thanks also henniemeijer for this valuable info. 50 NP$ also sent.

Thanks both of you.

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Old 06-14-2008, 04:49 PM   · #5
mis_chiff
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thanks
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