Paypal added as a payment option

richard@imutual
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Paypal added as a payment option

Post by richard@imutual » Wed Jan 05 2011 4:18pm

I'm pleased to announce that we now have the facility to pay your imutual cashback into your Paypal account (as an alternative to BACS)

If you have cashback that is available to redeem, login to the redemption area from the "My Account" section and you should see "Redeem by Paypal" as an option. Just enter your Paypal email address and the amount you want to redeem, and submit your request

Paypal payments are processed weekly in line with the timetable for BACS payments - see What is the schedule for receiving a payment by Paypal?


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kevenh
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Re: Paypal added as a payment option

Post by kevenh » Fri Jan 21 2011 6:00pm

Have I missed reading about a change in how Paypal operates?

They've charged me a fee to receive imutual cashback :o
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Re: Paypal added as a payment option

Post by blythburgh » Sat Jan 22 2011 9:17am

I have a free account but have to pay to send money (unless I pay up front so the recipient doesn't lose out).

THe only way paypal here is a freebie is if a) Richard pays the fees for us or b) saves time by paying to use the mass pay facility.

I am assuming that not a lot of people are asking for paypal at the monent so the money paid for mass pay is not worth it. And if Richard pays the fees up front then he/the site lose money.
Keep smiling because the light at the end of someone's tunnel may be you, Ron Cheneler

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Re: Paypal added as a payment option

Post by rayf » Sat Jan 22 2011 10:08am

I'd prefer to use PayPal if I don't get charged for the privilige - same way it worked on a now defunct site.

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Re: Paypal added as a payment option

Post by richard@imutual » Sat Jan 22 2011 1:45pm

kevenh wrote:Have I missed reading about a change in how Paypal operates?

They've charged me a fee to receive imutual cashback :o
Is yours a business account or a personal account?

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Re: Paypal added as a payment option

Post by kevenh » Mon Jan 24 2011 4:34pm

RY
It's a personal account.
1st time I've had a charge for a redemption with you :o
Not using imutual's cashback links? Join with my link :D

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Re: Paypal added as a payment option

Post by rayf » Thu Feb 03 2011 5:52pm

What's the latest on the Paypal facility? Is it working OK now? No charges?

thanks :roll:

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Re: Paypal added as a payment option

Post by richard@imutual » Thu Feb 03 2011 5:55pm

We've made several payments by Paypal and I haven't had any other reports of charges. I'm wondering whether there was something specific about the way we made kevenh's payment :?

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Re: Paypal added as a payment option

Post by blythburgh » Fri Feb 04 2011 8:51am

I wonder if there is a limit to how much you can get per year or lifetime of your paypal account after which they charge you.

Once my personal account was free. Now unless I pay up front the person I am sending money to has to pay. I only get money for free if the sender is using masspay. Nice and quick as you can do thousands of transactions in a few minutes using masspay but to save time paypal make a charge. So it looks as if some of us will be charged by paypal or the site has to pay.

Is it fair to expect the site to pay for paypal? Depends on how much it costs the site to send paypal payments and how much paypal would charge. When inhouse costs are more than paypal then masspay makes sense but probably not at the moment.
Keep smiling because the light at the end of someone's tunnel may be you, Ron Cheneler

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Re: Paypal added as a payment option

Post by richard@imutual » Fri Feb 04 2011 9:36am

We do actually use masspay (and thereby incur a charge) but I don't think we did in the case of kevenh, as his was the only Paypal payment that week - so that would explain it. kevenh - please email me a screenshot of the charge and we'll refund it to you
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