does anyone know exactly how the Paypal charges work for chained payments?
We're developing an app where receiver 1 will keep 95% of the sender's amount. So ... sender sends $100, and the receiver 1 would keep $95.
The remaining $5 would be split between Paypal and the app (or receiver 2 essentially).
My question is whether Paypal charge a fee for sending the money to sender 1 (2.9% + $0.30 = $3.20) as well as a charge for sending the balance of the 5% to the app (receiver 2).
In other words ... after Paypal have taken their $3.20 chunk out of the original $5.00 that the receiver gives up ... will the remaining $1.80 go to the app (receiver 2) ... or will Paypal take another chunk out of this ??
Thanks.
Paul.