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Old Dec 13, 2008 | 10:57 am
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EsquireFlyer
Formerly known as CollegeFlyer
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Join Date: Jan 2004
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Originally Posted by johnnybgood3
If your employees already have the 'premiere' level account (the one that charges 2.9% for all funds received) then you should indeed fund the payment with your credit card each time. If they have a basic account, they will be charged something like 4.9% for transactions funded with a credit card. More power to you if they don't complain.
If the employees are indeed being charged a % fee, the employer should be increasing the payments so that the employees get the gross pay they were promised (or specify from the very beginning that the employee is responsible for the Paypal % fee). If you offer your employees a certain wage, but actually pay them 2-5% less, that could be illegal.
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