This is news to me, and I do wish I'd known about this a long time ago - but if you bring in more than $3k via PayPal every month you can 'apply' to have your fees reduced from 2.9% plus .30 cents to 2.5% plus .30 cents on each incoming payment.

The application is only about five questions, and approval was immediate. .4% isn't a TON of money at first glance, but it all adds up and there is no sense in paying out more than you have to!

Here's more info.

I hope this helps someone!

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Anything helps, Tess! I love finding ways to reduce my expenses. Thanks for the tip.

Thank you, Tess. Good information. Every little bit helps.

Janine

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I just want to make $3,000 a month so I have the option, lol!

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Kathy Schneider
http://www.virtuality-works.com

I think there is an old adage about the wise man watching his pennies for pennies create dollars or something Tess. Very helpful info, as usual. Thanks.

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Serita Diana REVA Academy

Thanks so much for sharing the info Tess. Rather in our pockets than PayPal's.

Thanks Tess. Yes it does all add up and quickly.

"Beware of little expenses. A small leak will sink a great ship."
-- Benjamin Franklin

Thanks!

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Stephanie Finkbeiner - Balanced Business Service
Helping you balance more than the books

Thanks Tess,

I will be sure to pass this on to my Paypal clients too.

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Lee Drozak
My Office Assistant

Thank you for sharing this information Tess! I had no clue either and I have been using PayPal since they opened their virtual doors!!

Thanks again,
Andrea~

Glad this information was helpful!

I think as small business owners who support other small business owners we are obligated to ourselves and our clients to grab every opportunity to put money back into the business [instead of someone else's!]

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