Quote:
Originally Posted by Crowtservo
Use paypal if you want, they don't charge anything to transfer money (not sure where you got that information from but I do it all the time - it's $0.50 if it's under $100 and free over).
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Not necessarily - Paypal's website states that for a personal transfer, if the buyer pays through Paypal using a credit card, there is a fee of 2.9% + $0.30. The buyer gets to choose who pays this fee.
There are no fees if it is a personal transfer and the money comes from your Paypal balance or bank account - however I just tested this and I got charged $0.02 on a $2.00 transfer... turns out if you pay someone outside of Canada, there will still be a fee.
Bottom line is Paypal is convenient, but expect to pay fees.