How To Avoid PayPal Fees by using Mass Payment
If you send and receive frequently money via PayPal, chances are you are losing a lot of money on fees. If you are a business / premier account holder there’s a legal solution on how you can avoid PayPal fees (you will spend only $1 no matter how much you send, even $10,000).
To be honest I had to send a large amount of money to a friend of mine via PayPal and the fees would eat up like $150 so after I did some research I found the so called method of “Mass Payments”
Here’s an explanation directly from PayPal about mass payments
PayPal’s Mass Payment feature allows anyone with a Premier or Business account to send multiple payments instantly – saving time, money and hassle.Your recipients pay nothing to receive payments. You pay a low transaction fee of 2% for each payment, capped at $1 per payment. So if someone is lucky enough to receive a $10,000 payment from you, your payment fee is only $1. And because you save money on postage, stationery, and the time it takes to mail checks, Mass Payments could help reduce your running costs.
How To Use Mass Payment option?
After you login into your account and you click on “Send Payment” there’s an sub-menu with the option “Make a Mass Payment”

To be able to continue you should upload a file which contains the appropriate information like to whom you are sending the money, the amount, the currency and so on. So open notepad and write something as shown below:

So if you are looking to send $5,000 us dollars to someone thats how it should look like (keep in mind that those spaces are created by using the TAB button, also known as tab delimited)
Lastly save your file (.txt) and then upload in into PayPal, if you have done it correctly you should see something as below:

Make sure you already have the available balance in your account to proceed with the payment. As you can see the fee paid for transferring $5.000,00 USD is only $1










