It’s clearly a great news. At a time, it’s a little bit sad for me that I am not able to get the benifit. Because, PayPal has no approval in my country yet.
WOW… Its a great news for all all i think
Can someone who has tried it post here to let us know how it goes?
PayPal is already collecting fees from people that want their money in minutes instead of waiting one business day. By getting rid of $1 fees, they encourage more withdrawals from Fiverr, more extra fast fees for PayPal.
I do wonder if this means more people will be withdrawing their money when they have $10 instead of waiting until they have $100? I believe in withdrawing big chunks of money, unless you have an emergency.
Withdrawing $10 doesn’t excite me. I need at least $150 to get excited. $300 or $500 is extremely exciting.
I wonder if the super sellers are withdrawing $5,000 or $10,000. Does that complicate things? Can the banks handle it? You’d have to ask someone with banking experience, because I have no idea.
I was told we can’t withdraw more than $5000 from fiverr at a time. Yes the banks can handle it although some will put a hold on any deposit over $5000.
If you withdraw to your bank more than you have in your bank account they are much more likely to put a longer hold on a deposit.
Now if we could just get sliding commission fee’s like some others we know. Fiverr would be unstoppable.
This is truly Altruism Fiverr well done!!!
I just tried it, and something weird happened.
The withdrawal amount was (just an example to show what happened) $12,80 and the PP mail told me Fiverr sent $13. Not just didn’t they take $1 fee but they rounded it up apparently.
@miiila Can you see if the amount now in your PP account is available to immediately withdraw to your bank?
It says “payment from Fiverrr completed”. The amount is joined with what was left before, so I could withdraw whatever amount now, I can’t ever withdraw specific amounts I got, but only from my total $ or € balance. My account has both, and it shows me the amounts for those separately, but only separated by currency, not by who sent the money.
edited for clarity: I mean, I can of course withdraw those 13$, but “from the pot of $” in my account, I can’t click anything that would let me withdraw the specific $13 Fiverr sent me.
Wow. Fiverr is sending us extra money on top of waiving the withdrawal fees? This calls for a celebration of grand proportions!
Transferred this evening - the exact amount, no charge. Then transferred straight to bank account.
Did you have numbers behind the comma? If yes, which ones, I’m curious now lol.
No - all zeroes, just as it should have been.
It must be fiverr’s way of saying:
Our country (Srilanka) not yet support to paypal
That will encourage sellers to withdraw their earning using PayPal. Good Step Indeed! Keep working hard for sellers, and bring them more benefits. This is like giving your employees a - BONUS!
One More thing they should do in Sellers Favor is:
Don’t charge commissions on the TIPs!
It’s good news. Thanks fiverr team
Thank you Fiverr
This is a huge improvement for seller
PayPal is supported there, but you can’t receive or withdraw money due to CBSL restrictions!