Page 1 of 1
Does Constant Content Cover Paypal fees?
Posted: Mon May 10, 2010 12:22 pm
by VeronicaM
Paypal charges a fee of 3% on all received transactions? Does Constant Content cover these fees?
Re: Does Constant Content Cover Paypal fees?
Posted: Mon May 10, 2010 12:31 pm
by nichewriter
Veronica1987 wrote:Paypal charges a fee of 3% on all received transactions? Does Constant Content cover these fees?
CC uses Mass Pay to send payments to writers so we don't get charged a fee by Paypal.
Re: Does Constant Content Cover Paypal fees?
Posted: Mon May 10, 2010 12:35 pm
by Celeste Stewart
Back before the Mass Payments move, the PayPal fees were a problem. Back then, the PayPal fees came out of the writers' pockets. For some of us, those fees really added up. CC used to pay writers who made over $500 per month via wire transfer in order to avoid excessive fees just to get paid. Fortunately, with the move to Mass Payments, this is no longer necessary.