Hello everybody,
I just got notified, that PayPal is changing its Tems & Conditions on May 25th 2018.
You should give it 5 minutes and check the conditions concerning your country of residence and also which countries are the ones, you get the most transactions from. Mind, that there’s a huge difference if payments are based on bank accounts or credit cards.
I e.g. just realized, that it makes a big financially difference, that my account is registered in Germany, not Austria, and have to make the necessary changes soon.
How do you handle your PayPal fees anyway? Are you simply accepting that loss of money or do you add the costs in your invoices, so the client has to pay them?
Have a great and productive week,
Frederik
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Morocco
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English to French
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This situation just got worse for more than a year now and the UK decision to quit the EEC.
Payments are mostly delayed from part of the UK agencies, which used to be the best ever paying agencies with Northern countries (Ireland, and Sweden and Finland and Germany) and Southern countries (South Africa) applying good fees and paying on time, sometimes while before the agred terms. US agencies are mostly systematically applying a -《50.00$ to cover bank transfer fees and rates a... See more
This situation just got worse for more than a year now and the UK decision to quit the EEC.
Payments are mostly delayed from part of the UK agencies, which used to be the best ever paying agencies with Northern countries (Ireland, and Sweden and Finland and Germany) and Southern countries (South Africa) applying good fees and paying on time, sometimes while before the agred terms. US agencies are mostly systematically applying a -《50.00$ to cover bank transfer fees and rates are going down at a virtiginious speed. Spain and Italy remain okay both for rates and payment terms. Syngapoor has a wonderful payment process and... no comment for rest of Asia and Eastern countries.
From our country, we cannot do anything just now, because there is only one bank who has the priviledge to use PayPal till end of next year and only for receiving our Payments (we cannot pay with PayPal for our foreign purchases). Then PayPal services will be proposed by other bank establishments and we hope the range of offered services will be extended as well.
The above, of course, are just my own and personal insights. Thank you. ▲ Collapse
Member (2011)
Croatian to English
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Most recently, I changed my surname and the Paypal authorities have led me through a long, two-to-three week peri... See more
Most recently, I changed my surname and the Paypal authorities have led me through a long, two-to-three week period of name verification. My ID card was uploaded, a bank statement was scanned; but until Paypal approves my account as safe to use (I have used it non-stop since 2011), I have frozen funds on my PayPal account awaiting "authorization" . I am trying to be understanding about their policies. Until I became an expat, I had no idea how these corporations tend to put third world countries through the wringer, a practice which I find deplorable. After all, we are all professionals, trying to do a job. ▲ Collapse
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