When sending money for “goods and services”, the “seller” will incur a fee of 2.9% + 30 cents per transaction. The “seller” is the one receiving the money from the “buyer.”
What’s the difference between PayPal goods and services and friends and family?
To be fair to PayPal, the branding is pretty self explanatory. If you’re informally paying somebody you know well, you want ‘friends and family. ‘ If you’re buying something from someone unknown (a company or a random seller on your marketplace of choice), you want ‘goods and services. ‘
Can I use PayPal credit to send money for goods and services?
If you need to pay someone you know and don’t have the cash on hand, you can use PayPal Credit to send money. Choose the “Pay or send money” option in your PayPal.com account and enter the recipient’s info (their email address or phone number), then change your payment method to PayPal Credit.
How do I change my Goods and Services payment to friends and family?
Log into your account at Send Money, Pay Online or Set Up a Merchant Account – PayPal , select “Pay or send money” and choose whether you’re paying for goods or services or sending money to friends and family.