Author Topic: Paypal Master Thread  (Read 22801 times)

Offline raccah

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Re: Paypal Master Thread
« Reply #140 on: June 30, 2022, 08:37:15 PM »
WOW! I thought this was coming sooner or later - as they never opened up the API to this - still YUCK!!!!! Yes, I know Zelle exists, but Zelle is harder for Shuls and things like that - YUCK!

Capability & Feature Updates
   
Effective July 28, 2022, PayPal will remove the Friends and Family option for domestic payments to U.S. business accounts, and all received payments will be subject to the seller fee. This will ensure all eligible purchases are covered by PayPalís comprehensive Purchase Protection, guarding buyers and sellers if something goes wrong with a purchase. You can create a personal account to receive personal payments without seller fees while continuing to use your business account to receive commercial payments and use business only features.

Offline AsherO

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Re: Paypal Master Thread
« Reply #141 on: June 30, 2022, 11:54:00 PM »
WOW! I thought this was coming sooner or later - as they never opened up the API to this - still YUCK!!!!! Yes, I know Zelle exists, but Zelle is harder for Shuls and things like that - YUCK!

Capability & Feature Updates
   
Effective July 28, 2022, PayPal will remove the Friends and Family option for domestic payments to U.S. business accounts, and all received payments will be subject to the seller fee. This will ensure all eligible purchases are covered by PayPalís comprehensive Purchase Protection, guarding buyers and sellers if something goes wrong with a purchase. You can create a personal account to receive personal payments without seller fees while continuing to use your business account to receive commercial payments and use business only features.

Maybe if non-profits push back hard enough itíll hit PayPalís radar and theyíll do something about it.



Offline Essen est zich

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Re: Paypal Master Thread
« Reply #144 on: September 29, 2022, 08:43:40 PM »
Also works with Google play

Offline Dan

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Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline DaasTora

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Re: Paypal Master Thread
« Reply #146 on: November 29, 2022, 12:09:34 AM »
Anyone knows what the story is going to be with the $600 PayPal reporting to the IRS?
Will friends and family money sent be taxable?!

Offline Yo ssi

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Re: Paypal Master Thread
« Reply #147 on: November 29, 2022, 08:58:47 AM »
Anyone knows what the story is going to be with the $600 PayPal reporting to the IRS?
Will friends and family money sent be taxable?!
Not an expert, but it seemed that it would only apply to money not sent as family and friends.
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Offline DaasTora

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Re: Paypal Master Thread
« Reply #148 on: November 29, 2022, 09:48:37 AM »
Not an expert, but it seemed that it would only apply to money not sent as family and friends.
Thought the same but PayPal isnít being clear about it.