News

PayPal inactivity fee: 10 Euro will be charged for unused accounts, not yet in Germany

Anyone who has not used their PayPal account in the past 12 months will have to pay a PayPal inactivity fee from now on. Accounts from Germany, Austria, Italy, Greece, Hungary and Poland are currently, at least for the year 2022, still excluded from this.

PayPal inactivity fee: Asked to pay for non-use

Who calls a PayPal account his own, but has not used it in the past 12 months, must pay since November 15, 2022 sometimes a PayPal inactivity fee – even as a private person.

This is made possible by the payment service’s new user agreement, which introduces the fee now also for private individuals. PayPal justifies the fee in the fact that one offers a set of advantages, tools, products and support for salesmen.

However, the new fee only affects accounts that have not been active in the past 12 months. The fee amount is either based on the current account balance or a maximum of 10 euros (270 CZK, 3600 HUF) if there is more than this amount on the PayPal account.

Accounts that do not have a balance are not affected by the fee, the charge does not result in a negative balance, PayPal adds. In addition, if an account does not have a positive balance after submitting the PayPal inactivity fee and continues to be inactive for 60 days, it can be closed completely after 60 more days.

PayPal inactivity fee: How to avoid the fee

Notifications to inactive accounts PayPal wants to send out these days. Affected people have until Dec. 13, 2022, to use one of the following actions to help them avoid the fee:

  • Login to the PayPal account
  • Buy and pay with PayPal
  • Sending money to friends, family, vendors and more
  • Withdrawing money from your account
  • Donating directly from the account to charities

Personal PayPal accounts of individuals from Germany, Austria, Italy, Greece, Hungary and Poland are still exempt from the fee, at least in 2022, PayPal added.

Simon Lüthje

I am co-founder of this blog and am very interested in everything that has to do with technology, but I also like to play games. I was born in Hamburg, but now I live in Bad Segeberg.

Related Articles

Neue Antworten laden...

Basic Tutorials

Gehört zum Inventar

8,248 Beiträge 2,109 Likes

Anyone who has not used their PayPal account in the past 12 months will have to pay a PayPal inactivity fee from now on. Accounts from Germany, Austria, Italy, Greece, Hungary and Poland are currently, at least for the year 2022, still excluded from this. PayPal inactivity fee: Asked to pay for non-use Who calls … (Weiterlesen...)

Antworten Like

Back to top button