New way to get paid

Not bad, but what is the fee to send to your bank account.



I am with squareup.com right now, and they charge 3.5% for manually entered payments with a .15 transaction fee. The cheapest I have found yet, minus the offer your speaking of.

For swipes it is just 2.75%

Originally Posted by GeorgeB

Not bad, but what is the fee to send to your bank account.

It goes in your Paypal account and there is no charge to transfer to your bank but it takes about 3 days. If you have a Paypal debit card funds are available to access right away.

Originally Posted by Midnight

George,

As far as I can figure, it is no difference from transferring your current Paypal deposits, there is no charge for a EFT to your bank or using their debit card. I believe the only time there is a charge is if you request them to print and mail a check.

I used them once and once only. Been years ago. Maybe back then, they had a charge or something. Or I could be mistaken all together.

I, personally just like the simplicity of squareup.com. Flat 3.5% and .15 cent fee for manually entered payments, or a flat 2.75% for swiped cards.

Most I have been charged yet is between $1.5 to $1.75 to get my monies.

Only thing that I didn't like was I got a $150 payment once, but they only deposit monies into your bank M-F. If you get a payment on Friday, it won't go in until Monday morning.

Other than that, I love it.

Every where else I looked, had fee after fee. Outrageous.

Originally Posted by GeorgeB

Not bad, but what is the fee to send to your bank account.

I am with squareup.com right now, and they charge 3.5% for manually entered payments with a .15 transaction fee. The cheapest I have found yet, minus the offer your speaking of.

For swipes it is just 2.75%

Make sure you read all the fine print for Squreup.

You are allowed a maximum of $1000 per month. If you go over that limit they keep your money until the next month. So if you charge 2k per month, every month they will be holding 12k of your money.

U can contact them for a special account but the fee's are higher.

Originally Posted by drozenski

Make sure you read all the fine print for Squreup.

You are allowed a maximum of $1000 per month. If you go over that limit they keep your money until the next month. So if you charge 2k per month, every month they will be holding 12k of your money.

U can contact them for a special account but the fee's are higher.

I couldn't tell you where to save my life, but some where on there, it states, that if you are going to process say $10,000 per month, just to contact them to adjust accordingly.

Right now, they work well for me. Unfortunately, they don't have any way of contacting them, so in the future, I will probably go with someone else, but right now, they are good.