Sep 9, 2020 05:27:24 AM by Gillian C
Hi all,
I got charged about $39 by Paypal on my last withdrawal. $2 withdrawal fee (no problem), something described as Paypal fee ($ 17). Then at the PP end the worst exchange rate in the world so paid US20 over spot rate. Total US $ 39. What is the $17 Paypal fee for? Thanks in advance.
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Sep 9, 2020 06:20:48 AM by Petra R
Gillian C wrote:I got charged about $39 by Paypal on my last withdrawal. $2 withdrawal fee (no problem), something described as Paypal fee ($ 17).
Where do you see "PayPal fee?" In your transaction history on Upwork?
Can you double check and see if it really says "PayPal fee" rather than "Service fee?"
The Service fee is what Upwork charges you for their service. I have never seen a "PayPal fee"
Sep 9, 2020 06:20:48 AM by Petra R
Gillian C wrote:I got charged about $39 by Paypal on my last withdrawal. $2 withdrawal fee (no problem), something described as Paypal fee ($ 17).
Where do you see "PayPal fee?" In your transaction history on Upwork?
Can you double check and see if it really says "PayPal fee" rather than "Service fee?"
The Service fee is what Upwork charges you for their service. I have never seen a "PayPal fee"
Sep 9, 2020 07:49:59 AM by Gillian C
Hi Petra,
In my statement of earnings, this is what I see. Looking at it again, I think Upwork just topped up my Upwork account and tabled it as a withdrawal.Does that make sense?
Sep 9, 2020 | Withdrawal Fee | Withdrawal Fee - PayPal | ( | ||
Sep 9, 2020 | Withdrawal | PayPal | |||
Sep 9, 2020 | VAT | VAT for Service Fee - Ref ID | WVM | ||
Sep 9, 2020 | Service Fee | Service Fee for Hourly - Ref ID | WVM | ||
Sep 9, 2020 | Hourly |
Sep 9, 2020 08:18:27 AM by Petra R
Gillian C wrote:Hi Petra,
In my statement of earnings, this is what I see. Looking at it again, I think Upwork just topped up my Upwork account and tabled it as a withdrawal.Does that make sense?
Sep 9, 2020 Withdrawal Fee Withdrawal Fee - PayPal ( Sep 9, 2020 Withdrawal PayPal Sep 9, 2020 VAT VAT for Service Fee - Ref ID WVM Sep 9, 2020 Service Fee Service Fee for Hourly - Ref ID WVM Sep 9, 2020 Hourly
No, you see the Service Fee. That is what you pay Upwork, a percentage of the earnings. It is not a PayPal fee.
Let's go through them:
Withdrawal Fee - the $ 2 you pay to withdraw
Withdrawal - The sum you withdrew to your PayPal account
VAT - The VAT you pay on the Service Fee
Service Fee - The fee (XX% of the billed amount) you pay to Upwork
Hourly - the week's hourly charges for the hours you worked.