Fiverr deducts $1 when withdrawing to Paypal?

[rickycastillo]

I noticed that for the last few instances, I always get 1 dollar less when Fiverr transfers funds to Paypal.

Example, Fiverr will say it sent $100 to Paypal, yet Paypal would say it received $99 from Fiverr.

Anyone else has this experience?

If so, why?

[russflex]

I withdrawal immediately when I have funds available. I don’t mind losing a buck or two over the convenience of getting the money right away (even though I have to wait 14 days first). Plus, you never know when some “error” might happen in the Fiverr system that prevents you from doing anything in your account.

[rnuyen]

I’m fairly certain that’s Paypal’s fee when withdrawing funds from here to Paypal. It’s a very small percentage of your withdrawal and it can only go up to a dollar max I believe? I can’t remember where I read that but I think it’s on Paypal’s site somewhere.

[celticmoon]

From the Fiverr Terms of Service:

Paypal- 2 % of the sum withdrawal amount up to $1



Important notice regarding fees:

The fees listed above are PayPal’s or MasterCard’s fees. These are not fees charged by Fiverr.

Most of the people who've had problems withdrawing their funds from Fiverr have lived in countries where they have problems with account hacking. I live in the U.S. and have never had any problems withdrawing.<br />To minimize the Paypal fee, I always wait until I have at least $50 or $100. But we all have to do what we feel comfortable doing when it comes to our money!<br /><hr /> :-?