[ThePreneurs]

have not found one on this forum.

this has been around for some time but i have used search
here but can't seem to find one.
this compelled me to share this with those who are young ones on
PayPal, including young once.

PayPal's "Mass Pay" feature, which only costs $1 in fees, instead of the usual 4%,
is a feature not popularly used OR probably less understood.
this will save big bucks especially when transacting >$100 or so.

but how to use this feature. let me summarized what i have learned from
other forums.

1. Open up notepad

2. Type the following information. Use Tab space (tab key and not space bar) in between
example:
recipient@hisdomain.com 100 USD

this will arrange a payment from your account to recipient@hisdomain.com for US$100.
this file will be uploaded as explained below.

3. Save the .txt file.

4. Login to your PayPal account.
- Once logged in, scroll down to see the "Mass Pay" link at the footer.

5. Upload your .txt file by browsing it from your saved location.
Type in the e-mail address you want the receipt to be sent to and perform the payment by clicking the button.

THAT'S IT!
That's a $1 maximum transaction charge for you.
Big savings for us all.

let me know if it's not clear enough.

[sigroid75]

is that only applicable for sending money or making payments? because i am actually getting charged so much now especially for very small payments. somebody paid me 1.50$ and got charged about 30 cents. i am trying not to mind, but if i can forego of it, why not?

[ThePreneurs]

this is applicable for sending money & making payments.
you'll get charged but the recipient won't be.

by the way, applicable for Business and Premier account only.

[Greyian]

You also have to have a verified paypal (or one with no sending limits) to do this.

[ThePreneurs]

well, to be on Business or Premier account, you really got to have a verified paypal account.

[Greyian]

Not neccesarily, I know loads of people who have Business accounts but don't have a verified account. Also, if the account doesn't have an unlimited sending amount, you can't use this way of sending money.

[ThePreneurs]

interesting.

anyways, i got our Business account when we were verified paypal
and we still have not explored much on setting a limit that is unlimited
and yet we are able to use this much often

saves us big $$$ while doing it,

[Greyian]

Generally when you verify, your sending limit is removed by paypal. For unverified accounts however, there is a limit on the amount that can be sent!

[alec11]

i just know that paypal have mass pay system.
i think this apply to webmasters who have much customer.

[Greyian]

MassPay is meant to be for paying 10s-100s of people at a time, but it is a good way of dodging the really high fees that PayPal charges. Unfortunately, you need to get rid of your sending limit before you can do this.