Hi all I need to get some payments by friends and family towards some Christmas presents I need to know does Paypal working capital loans take a percentage off payment made by friends and family? I can't find the info anywhere on the website
ps, if you keep up with sales, while receiving the casual F&F payments, it should prove in good faith that you are repaying your loan back and not doing anything sneaky. PayPal security/risk model is pretty sophisticated for all of their products.
Hi yes I pay around 5x what the minimum payment is usually, the F&F payment will be just one payment towards a combined present we are buying for our parents. I don't use F&F payments very often other than than the odd fiver to the wife for a few games of online bingo. It's just this one is going to be £200 and I don't want it to be charged for the loan repayment..
I can say from exerience that any payment coming in to your paypal account - no matter the source - even cashback bonuses from using the paypal business debit card - will trigger a payment of your agreed upon percentage of that amount to PPWC on the next day.
