I was just wondering if its possible to get a cheque from them as Paypal takes too large a cut.  Anyone know?

Thanks,
Joseph

I had read about the cut from paypal before, but I just got my first two payouts, one fotolia and one SS, and there was no fee for either. I was surprised, but I'll take it.

What's the fee for PayPal? I've never noticed one.

As far as I can tell, if you're outside the States, PayPal is a lot better deal than cheques. Try to cash a cheque here, in a Swiss bank, and they take about half of it as something they call 'commission'. (No wonder the ports in the south of France are stuffed with bankers' yachts.)

i would sudjest paypal as well.  You need a personal payapl account though NOT a business account.  I have two paypal accounts, one that can accept credit cards (the business account - which is used for ebay things) and a private personal paypal account that i use for mircrostocks... that ones doesn't have any fees.  The conversion fee is pretty crappy through paypal, but i think it is better than all the fees i would incur with using a cheque.

If the payout is above $50 FT don't a cut if is below $50 they make a $1 charge.

Paypal no so clear cut as far as I know PLEASE CORRECT IF WRONG

If you have a Personal account linked to a bank account supposedly no charges

Unless they fund their payment with a credit card I think StockXpert did to Leaf but they sorted that out months ago.

If you have a premier/business account then you can incur charges for receiving payments

Any charge is going to be less than the huge chunk a bank is going to take out of a US dollar cheque

FT started off sending cheques, I think they still do.

I know SS has raised its minimum cheque payout to $300 still $75 for paypal and moneybookers

Quote from: fintastique on November 17, 2006, 09:33
If the payout is above $50 FT don't a cut if is below $50 they make a $1 charge.

Paypal no so clear cut as far as I know PLEASE CORRECT IF WRONG

If you have a Personal account linked to a bank account supposedly no charges

Unless they fund their payment with a credit card I think StockXpert did to Leaf but they sorted that out months ago.

If you have a premier/business account then you can incur charges for receiving payments

Any charge is going to be less than the huge chunk a bank is going to take out of a US dollar cheque

FT started off sending cheques, I think they still do.

I know SS has raised its minimum cheque payout to $300 still $75 for paypal and moneybookers

well put

I have a business account and for things I've sold on Ebay, there were charges. There were no fees on the payments I have got from SS or Fotolia.

yeah that is true:  if you have a business account and the sender is sending money using paypal funds there is no fee.  if they fund the payment via credit card or bank account (i think) there is a fee.

i am going to try Paypal once i can get my first payout. I am still waiting for it since joining stock in July06. Sigh...Bigstock should be able to get it soon, hopefully this month. Its been a long wait.

I am going to try paypal cos i was once given a US$ cheque and i live in s'pore. they had no alternative payment. So i bank in the cheque. The bank took more than S$20 which is more than 10% of the S$ equivalent amount as charges. I think paypal charges much much less than the banks. Banks are blood suckers. They are "loan sharks" in disguise, with credit card charges of 24%!

Not to hijack but it's sort of related.... How long does it take StockXpert to cut a check? It's been saying pending for over a week now. Is this normal for them? This will be my first StockXpert payout.

Glad you asked, they're next on my hit list :-)

Back to the original thread, Fotolia took 8 days