How to do PayPal "Mass Pay" payments and avoid fees. Read and learn!

[ryan0124]

Extremely Useful Information, Thanks a lot, Buddy!

 

[Kventures]

...

 

[Johnn]

Just logged in today and saw that I can't mass pay anymore...

anyone else have this problem?

What happened? When was the last time you sent Mass Pay?

Try to send my some money to see what happen.

 

[dvdrip]

It works fine for me.
What exactly is the problem with your account?

 

[Yofie]

Just logged in today and saw that I can't mass pay anymore...

anyone else have this problem?

:scared: You scared me! Works fine for me. US and I have a Business account.

 

[Theo]

Try to send my some money to see what happen.

Good one

 

[wlide]

My PayPal acc is Premier acc
Format:[email protected] 999 USD
But paypal always said the format is wrong

 

[katherine]

Are the fields tab-separated ?

 

[wlide]

yes

 

[tekz999]

Your paypal account balance must have enough money balance or mass pay will not work.

 

[krossat]

upload the text file and pm the link. I'll check it for the format.

yes

 

[duskdawn]

So I have a question, can I use a personal account to receive masspay payment, or it has to be a business/premier account?

 

[sourcez]

Additional info:
Masspay can be made only from Premier/Businesss account, not from Personal accounts
Paypal does not charge incoming payments from balance to private accounts, so if you pay someone with private account just send normal payment, its free

Duskdawn: I believe that means yes you can, but you might as well just use a normal payment as it's free!

 

[NetworkMsia]

thanks for the very good tips.

 

[DNFreek]

i am confused by reading all this isn't sending from personal or business account always FREE

 

[dnol]

If every p/b paypal account can do this,why not charge 1 USD all the time?
So paypal is making money on our poor knowledge of without knowing how to do mass pay???

I stumble upon a lot of people all the time who does not know how to pay with PayPal's "mass pay" feature, which only costs $1 in fees, instead of the usual 4%. I will therefore try to write a quick guide on how to do this. It is quick, easy and as long as you're paying with PayPal balance, anyone can do it. Some people believe that PayPal is only charging fees if the buyer is paying from credit card, but this is not right. PayPal charges roughly 4% of the amount from the payee, even though it is a PayPal balance payment.

Mass pay can be made only from a Premier/Business account, not from Personal accounts. Paypal does not charge incoming payments from balance to private accounts, so if you pay someone with a private account, just send normal payment, its free.

I know most of the experienced domainers on this forum knows how to do a Mass Payment, but I thought this might be useful for all the new domainers out there. Here we go..

Mass Payment

According to PayPal's mass pay instructions, you are supposed to create an Excel file with the payment information and save the file as a text file with tab separated values. I believe there is a much easier way to do it:

I. Open up notepad (or any text/ascii editor)

II. Type the following information, separated by tabs (use tab key, not spaces).

<Recipient's PayPal Address> <Amount> <Currency>
An example of a payment text file:

[email protected] 999 USD

This textfile will, when uploaded to PayPal, process a payment of $999 US Dollars to the PayPal address [email protected]

Save the textfile as anything you'd like, just try to remember where you saved it for later.

III. Log in to your PayPal account the usual way, but instead of sending a payment the regular way, look for the small link on the bottom of your screen that says "Mass Pay". Found it? Good, now click it.

Mass Pay Screenshot

IV. You are now one step away from doing a mass payment. Browse to find the text file you just created in notepad and upload it to PayPal as directed. Type in the e-mail address you want the receipt to be sent to and perform the payment by clicking the button.



Voila! The PayPal recipient has now received his/hers payment and it only cost you $1 in fees, instead of 4% !

Good luck with mass pay payments, it has saved me a couple of bucks as some deals involve adding the 4% fee to the final sales price.

 

[DNFreek]

pls some one correct me if i am wrong by paying via masspay sender pay 1$ fee too

as i just paid someone via masspay for the first time 267$ and my balance is now 268$ lesser

 

[msn]

The sender pays $1 as a fee, and the receiver will not pay the fee.

 

[nameadvertising.com]

PayPal has since last month changed the file format to add 1 additional mandatory field. Please read the info via the Mass Pay link on the site.

 

[Stian]

PayPal has since last month changed the file format to add 1 additional mandatory field. Please read the info via the Mass Pay link on the site.

I just checked my PayPal account and I don't see any changes. It's still:


<Recipient Address> <Amount> <Currency Code> <Identifier (Optional)> <Custom Notes (Optional)>


If you know what the new mandatory field is, please share and I will update the first post. Thanks.