Recurring Transfer means a transfer made for the same amount, on the same date, on a weekly, bi- monthly, monthly basis, etc. Once started, recurring transfers will be made automatically until you delete the transfer or uponrecurring monthly payment expiration.

What is an ongoing payment?

Previous Next. What does ongoing payment mean? When you pay for full HomeSwapper membership, you have the choice between a one-off payment, or an ongoing payment setup, which means that payments will be taken to keep your accountrecurring payment gateway active until you tell us you want to stop payments.

How much is the PayPal fee for $100?

PayPal's payment processing rates range from 1.9% to 3.5% of each transaction, plus a fixed fee ranging from 5 cents to 49 cents. The exact amount you pay depends on which PayPal product you use. A $100 transaction will cost between $2 and $3.99.

Can PayPal take money out of your bank account?

the one you provide them to verify recurring billing servicesyour paypal account and withdraw the money to? They have no authority to withdraw or do anything else with your bank account. IF they withdraw something without your permission contact you bank and you'll probably need to send in some kind of a form to reverse it.