Question about paypal and wire payment agreements

Discussion started by RobiZ

Hi!

So, a question arised for me today - Is it harder for customers to buy my models if i use the Wire payment agreement(Swedbank LV), instead of paypal?

Basically, if people want to buy my model, is it easier for them to pay me if i use paypal account payment agreement or it doesn't matter ?

Thank you.

Answers

Posted over 8 years ago
1

It does not matter because the PayPal /wire agreement is only applying to you (method to transfer your royalty's).

A CGt client independently has a list of paying alternatives (ranging from PayPal to credit cards).

Hovered for you there is a difference, if you use PayPal to receive you royalty's, then there is no minimal payout limit, but if you use the other option then CGt will only transfer the money when you reach a minimal of 200 dollars earned (the reason is technical difficulty and relative expensiveness of wire transfer).

Posted over 8 years ago
0

Oh ok, I didn't really know about that last part, so i guess i will just switch back to paypal, just because i can get out money, even if i get something like 5 $.
BTW is there a way to transfer money from paypal to my bank ( if i don't have a credit card), and if i live in Latvia and use Swedbank ? Or there are extra expenses in that too ?

Anyways, thank you for clarifying these things for me :)

Posted over 8 years ago
1

Hi Roberts,

Try using these steps to transfer your money to the bank account of yours
http://www.wikihow.com/Transfer-Money-from-PayPal-to-a-Bank-Account

Hope this helps!

Best Regards,
Eduardas

RobiZ wrote
RobiZ
Hi Will try this method when(if) I get the next purchase. Thanks!
Posted over 8 years ago
-1

I set my payment method to Wire but still have Payment processing fee which is PayPal because it has link to Paypal website

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