I'm really shocked that they would make such huge changes without emailing everyone. But I don't remember seeing an email about it either.
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I'm really shocked that they would make such huge changes without emailing everyone. But I don't remember seeing an email about it either.
I know the economy has had an effect on everyone, but I do think a lot of people or using it as an excuse to get over.Quote:
Originally Posted by SunshineGirl
Just a thought. This is probably going to effect the people who do paid bloggin or online earning where the money is sent via paypal too. I haven't seen it yet but I bet they apply this fee to the $20 I will be getting from PayU2blog on Friday and also from the $2 I am going to be getting from Opinion Place. Imagine the companies who do cashouts and payments through them. Craziness!
Yeah...it seems odd to think that Paypal would need to make this major of a change just because of the economy. That's a huge change to their system.Quote:
Originally Posted by Blessing and Miracle
Thanks for the response Trish. My other payment was from lightspeed surveys, I cash out for paypal and there was no fee. I am so confused, I do think it was paypal that is not telling the real deal here. I need to do some more investigations into this. Thanks you for your answer.
Jtower:thanks:
I would be willing to bet you will start seeing the same fees from Lightspeed through paypal so consider the possibility before you cash out or whatever over there. I will report back this week when Opinion Place sends me a payment. I only make $1 or $2 there every few months SO not worth paying a fee LOL
I'm guessing that maybe the payment was made before their deadline and or the amount was too small to take a fee?Quote:
Originally Posted by jnorth1007
I also get pinecone research paid through paypal now what's that $3 a pop? How much can they take from me there?
Don't ask that too quick LOL you might just be suprised. I think they would be in for a lot of trouble if they don't take fees from every payment from a business. They could lose more business than they care to see.
Are those of you receiving Paypal payments talking about cashouts requested in May still? My history says June 1 for a $500 cashout but I have not received it. Just to make sure should I receive it June 30 or July 1 or will I receive it July 31st. I have never done Paypal before.
Yes, we are talking about May cashouts. And if they took over 7 dollars from my 245. then you're looking at about 15. being deducted from your deposit. :(Quote:
Originally Posted by missymouse
yeah June's will post 7/31, these were all from May.Quote:
Originally Posted by Blessing and Miracle
That stinks that their getting so much, bc I'm sure their making a lot this month off of people who didn't know any better. Bet if they compare their numbers a month from now it'll be a big difference.
i cashed out to paypal on 6/22 for a little over $400 so if they charge a fee it would probably be about $12. worked very hard to make this money and i don't think it is fair that paypal should charge us fees for using their service. is there any way you can possibly send us checks as a cashout option as i already have enough gc for amazon and there are just so many gift cards you can get?
Checks will never be an option. That would take so much of our time and be costly enough that by time we charged for our time, postage, the checks etc, you might as well pay the paypal fees.Quote:
Originally Posted by marcymajor
There are a couple of problems with us doing checks...and it is the reason that most reward sites do not do them. We would have to completely change our banking because we do not currently have an account where we write checks (we do everything online). We would also then have to buy check software and have something built to integrate it with our system. That would mean having to pass those costs along to the members in some way (either assessing a fee for having a check sent or cutting back the percentages that we pay out or something). Then add to that the administrative nightmare of tracking which checks clear and which don't. Then if people say they didn't get them, they would want us to put a stop on them (which costs money) and reissue them.
I know it's unfair that Paypal all of a sudden did this. They really should have given some notice. I'll be curious to see what other sites are doing to compensate. Maybe they are going to absorb the fees but then pass them on somewhere else? I can't imagine any site just eating a 3% loss in revenue all of a sudden, especially given how bad revenue is across the board right now anyway.
:thanks: Tricia and Cindy for answering my questions and i totally understand where you are both coming from. what about visa or mastercard gift cards as a payout option?
There are fees on those too.Quote:
Originally Posted by marcymajor
We all work very hard for our money on here. You have to remember that it's FREE money, and you can't expect the people who send it to you to do so for free. Paypal is a business and they have to make their money somehow.
Why not cash in for Target or Walmart gift cards that you can use for things you need everyday?
I like your idea! I just cashed out with paypal because I am not planning a Disney trip any time soon :cry: So I thought that I would cash out and use the money for what the kids and I want to do this summer. Next time, I will cash out with gift cards to Target or Walmart. Then, I can pay myself the money and use it as I please. No more Paypal for me.Quote:
Originally Posted by 3dog2kidmom
It is a good idea, and have been also cashing out for Target and Regal.Quote:
Originally Posted by chipndale
My problem is like Lisa my SR money was for vacation and even when we do go back to WDW we "may" (Still not sure yet) stay OP so I was hoping to use the cash for that. Like I said not a big deal just need to re-think what/how I'm going to do it.
I know Paypal needs to make money too, but they really should have emailed/warned everyone, they did NOT give notice, obviously or so many of us wouldn't have been blind-sided. I'm more upset with the fact that they didn't notify me first, then the business actually trying to make money.
I don't trust PayPal any further than I can throw them.
My question is this: when we're paid through SR is it considered a Personal Transaction or a Commercial Transaction? When I read the "definition" for both of them at PP neither of them really seem to fit cashing out at rewards sites.
We're not receiving money for goods are services, are we? Is our participation here considered a "service" that we're paid for?Quote:
Fees depend on whether you are making a commercial transaction or a personal transaction. A commercial transaction involves buying and selling goods or services, and payments received when you send a ?request money? using PayPal. A personal transaction involves sending money to and receiving money from friends and family without making a purchase.
I do think that they consider it a commercial transaction because it isn't friends or family. :( I think that is the crux of the problem.Quote:
Originally Posted by Kittykat
Kind of an amorphous rule, isn't it? PayPal is getting trickier and trickier.Quote:
Originally Posted by SunshineGirl
And besides, I'm sure we're all related somehow. :p
I noticed that change in wording the other day on the page.
But reading through this thread, I see:
Quote:
Personal Transactions. Fees depend on the payment source that the sender selects. The amount of the fee will be shown at the time the payment is sent. The Fee is paid by either the sender or the recipient. The sender decides who pays.
Domestic Personal Transactions - U.S. sender and recipient. Sending / Receiving Payments:
Payment Fully Funded by PayPal Balance or Bank -> Free
Payment Fully or Partially Funded by PayPal Credit, Debit Card, or Credit Card -> 2.9% + Fixed Fee
Now if the sheer volume of what SR is sending out triggers it to be considered Commercial, then the fees are based on what SR is making, it seems. (from an part that I didn't quote in this post)
But if it can be considered Personal, and I feel it is b/c Commercial means something is being bought and sold, then it seems that SR should be seeing something new in the wording when they go through the June cashouts, and could consider using fully funded balance or bank, to try to make sure there are no fees.
Just my thoughts based on the stuff that could have gotten lost at the end of the copy/paste from paypal's info.
Tricia already sends the money fully funded from her Papal account. She doesn't have it pulled from an account. The money comes directly from her paypal account so that isn't the issue. The issue is that paypal is going to charge the fee anytime a business sends you money as opposed to a friend or family. This means if the paypal account were registered as Tricia Meyer and she sent me $20 it wouldn't be charged. The account is registered as a business so they pay. I think this could have much further reaches. Here is what Paypal says:
Within the US (in USD):
Payment Method Send Money Receive Money
Personal transfers to friends and family Fully funded by:
PayPal balance
Bank account
Free Free
Fully or partially funded with:
Credit card
Debit card
PayPal credit
2.9% + $0.30 per transaction
Fee is paid by the sender or recipient-sender decides.
Making a purchase, i.e. goods, services, or eBay items All
Free 1.9% to 2.9% + $0.30 USD
This is the portion that relates to us. This means that it is free for Tricia to send it but the person recieving it must pay 2.9% + $.30
Outside the US (in USD):
Payment Method Send Money Receive Money
Personal transfers to friends and family Fully funded by:
PayPal balance
Bank account
0.5% to 2% -- varies by recipient?s country.
Fee is paid by the sender or recipient-sender decides.
Fully or partially funded with:
Credit card
Debit card
PayPal credit
3.4% to 3.9% + $0.30 USD -- varies by recipient?s country.
Fee is paid by the sender or recipient-sender decides.
Making a purchase, i.e. goods, services, or eBay items All
Free (unless using the PayPal plug-in) 2.9% - 3.9% + $0.30
If Tricia were to try to get around this by sending from an account using her name instead she would get caught just because of the sheer volume of payments she makes. I don't know the answer except to assume that you will pay the fee if you decide to use paypal.
I have this answer from paypal today. If this is correct then the fees seem to be able to be corrected. I am not sure if this is correct or not. It seems to me since this person gave her name and other information out, she must be sure of what she is saying. Again not sure, Sr can you verify this statement?
Jtowner
Thank you for contacting PayPal, my name is Dayna and I am happy to
assist you today.
I understand that you would like to know why you got a fee when you
received a payment.
As for an update, all Personal PayPal accounts will no longer have a
$500.00 USD monthly limit anymore so you may receive as many payments as
you want. Along with this update, there will be receiving fee of 2.9% +
$0.30 USD for each payment out of sales regardless of which funding
source was used. *Based on the last payment you received for $63.00 USD
which was sent as \"Goods/Other\" that considered as sale. For future
non-profit payments, the sender must select Personal as the type of*
payment and the recipient will never be charged of the fees. However,
when they use a credit card that will be given an option to pay for the
fee or let the recipient pay for it.
We know situations like this can be difficult, so thanks for working
with us. If you have more questions, visit our Help Center by clicking
\"Help\" in the top right corner of any PayPal page.
Sincerely,
Dayna
PayPal Consumer Support
PayPal, an eBay Company
I just went and checked out the payment page like I was going to send a payment. I see now that there is a second tab that says personal and you have the option to choose:
-gift
-payment owed
-cash advance
-living expense
-other
I don't remember ever seeing these options or tab before. Perhaps it is something they just addes with the changes that have been made. It would seem that perhaps SR can use the "payment owed" under personal since they are not selling goods or services. I can only say that there would need to be a guinea pig who would be willing to lose the fee if paypal decides to charge the fee anyway. The fact that SR sends many paypal payments each month may trigger it as commercial but it would seem that it can be done using this tab and classification without trying to fool paypal and it may mean there would be no fees.
We definitely paid for it out of our Paypal account. We've always made sure that we had enough money in there so that no one would ever be charged a fee. And we processed every one of them individually. When I go in and look at the amounts, I don't see any fees anywhere. That's the odd thing. Every single payment went through just like it normally does. It didn't show any fees when we processed them and it shows that everyone got payments of the full amount.
I fear that if we marked them as something non-profit, one or both of us would end up in trouble. One of the terms someone else posted was that if you accepted things as non-profit that were not really, you could have your paypal account taken away from you. I'd hate to have anyone get in trouble.
I did see one comment from a member (not in the forum) that talked about some people using mass pay to make payments and as a result incurring the cost themselves. We have never used the mass pay because we individually verify every account for fraud before we process each cashout.
Looking at the responses below, you can imagine how much it would cost for us to start adding all of these fees to the cashouts on our end. We have people that cash out as soon as they hit $25, every time, multiple times a month. That's hundreds of cashouts at .40 a piece before you even factor in the 3%. :(
Tricia is the personal tab on the send payment screen new? Is that the tab you use for sending payments or do you send as good and services payment? I am just wondering if they added this tab and if perhaps we start sending through the personal tab as money owed it would prevent the fees.
Tricia, I received payment from another source yesterday and it shows the gross amount paid but when you look at the confirmation for payment sent/received you see the fee going out and the "net" amount paid. You might not see it from your side though.
In any case, I'll just think about future payouts and try to utilize the gift card option more than the cash option.
I just received a Pinecone payment and they did not take a fee out of it.Quote:
Originally Posted by jnorth1007
I'm guessing that they have always used the mass pay system because they are so big and had just figured those costs into their payouts from the beginning. We were never big enough to use the mass pay option.Quote:
Originally Posted by 3dog2kidmom
I think it's like I stated before, everyone is trying to capitalize on "blame it on the economy" even when they aren't necessarily suffering themselves. Which is fine, my problem is that they (Paypal) didn't notify us of these changes before this new policy became in effect.
I, personally, wouldn't expect for Sunshine to be responsible for this new fee that Paypal has adopted whether they had the option to or not while processing June payouts and or any future payouts.
I'm just thankful that Sunshine Rewards offer other ways to cashout. And I'd rather pay the .44 cent for postage to receive a gift card.
Although today I'm not in need of cash, I don't know what tomorrow holds, and if I do become in need, then I'll just close my eyes, cash out and be thankful that I can still receive my payout through Paypal.
Thank you, Tricia for running such an honest and respectful reward site. :heart:
I agree with you 100% and that's what I was most upset about was not being warned. I would not expect SR to change the way they do things, nor eat the cost. It just means we either find other ways to cash out or bite the bullet should we want the cash.Quote:
Originally Posted by Blessing and Miracle
Can I just say that I am starting to hate the word "paypal"? LOL!!
Tricia - Pinecone is evidently doing something different. It might be worth contacting them (Pinecone, not paypal) to find out how they manage it. I did not receive a fee from them either, and it would display on the recipients (my) end if they charged it. In other words, they did not send $3.55 cents in order to make sure I received $3. They sent $3 and I netted $3.
I do believe there must be a cashout option for just this type of thing because the same thing happened with my payment from PayU2blog. They sent 25.00 and I recieved 25.00. I just have to wonder what options these other places are using and if it is an option open to SR. Not a big deal for me really because I don't cash out for paypal for SR anyways. This is Disney money through and through LOL so I only ever get gift cards. I do get payments from other places for blogging and it they aren't paying it and paypal is considering it legal then I don't want SR to have to charge/pay it either.
Same with ************. No matter how much I cash out for, I receive the full amount through Paypal, unlike with SR. :(Quote:
Originally Posted by jgates8
EDIT: Ooops ... "that other program" I mentioned is a banned word around here? Sorry -- didn't know!
I'm disappointed to see that this issue is only being addressed on the cash out page as a problem with the "type" of Paypal account we have. This is not true. I do not use my Premiere account for any reward program payments, I use my personal one which doesn't have any fees taken out from any program except SR. Clearly, this is a SR problem, since I'm not losing money with any other program payments.
:(
Please read the stickies concerning mentioning other reward sites and non SR merchants. Its all explained in there.Quote:
Originally Posted by amykmi
Unfortunately, this was an issue with Paypal, not with us. They changed their terms for the RECEIVERS of the money, not the senders. We know that everyone has a choice to make which paid click programs they want to use and know that this may be what causes people to use other sites besides ours. However, we can only do so much on our end and continue to be profitable. Our payouts are set such that we cannot absorb fees for every cashout, postage cost, etc. Some of that has to be passed along. While we appreciate the feedback on this issue and were already looking into what we were going to do going forward, the fact remains that last month's paypal cashouts have already been processed and there is nothing we can do about them now.Quote:
Originally Posted by amykmi
I completely understands SR's stance on this, but I thought from Janet's post earlier it was the way the companies chose to pay? I took it to mean (and i could be totally wrong) that companies like pay2blog or pinecone are paying a different way but it could be "questionable" on how they choose to pay. SR not wanting to risk anything (and this is where I'm totally ok and understand where your coming from) is paying the way paypal set the new terms.Quote:
Originally Posted by SunshineGirl
I am just trying to still understand it all, since like Janet said pinecone (just last week) paid me and no fee's were taking out. I have already decided to look at other options within SR for cashing out, I just want to be clear on what paypal is doing or not doing.
Thanks!