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| EcommerceBytes-NewsFlash, Number 2703 - December 26, 2011 - ISSN 1539-5065 2 of 2 | ||
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PayPal's Mass Payment feature allows users to send affiliate commissions, customer rebates, survey incentives and more. Currently, Mass Payment fees are 2% of each recipient's payment amount up to a maximum of $1.00 per recipient, or the foreign currency equivalent of $1.00. Effective January 24, 2012, fees for payments sent outside the U.S. will be 2% of each recipient's payment amount up to a maximum of $20.00 per recipient, or the foreign currency equivalent of $20.00. Fees for Mass Payments sent within the U.S. will not change. PayPal notified all users of the amended User Agreement on Friday. See the PayPal User Agreement for details. |
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About the author:
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. |
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Email this story to a friend. 2 of 2 |
PayPal is increasing fees for Mass Payments sent outside the U.S., making it potentially much more expensive for those who use the feature to make international payments. 
PayPal to Launch Mobile Daily Deals as It Seeks In-Store Acceptance - December 19, 2011
PayPal Helps Japanese Players Pay for Games on Mobile Devices - December 16, 2011
PayPal Holding Your Funds? State Regulators Want to Know - December 16, 2011
