Balance of some Buyers on JoomLancers have been deducted with a small fee. The reason for deduction is that: every deposits into JoomLancers are subject to deposit fee of (3.9% + fixed fee). However, our system failed to apply this deposit fee for some deposits due to an unexpected error. Please find below how the deposit fee was missed:
| Correct Deposit | Incorrect Deposit | ||
|---|---|---|---|
| Payment method | Paypal | Payment method | Paypal |
| Amount to deposit: | US$1000 | Amount to deposit: | US$1000 |
| Taken fees by Paypal: | US$40.89 (3.9% + US$0.30) | Taken fees by Paypal: | US$0 (3.9% + US$0.30) |
| Amount to deposit: | US$1040.89 | Amount to deposit: | US$1000.00 |
The total deposit fee (3.9% + fixed fee) is for PayPal’s beneficiary, not for JoomLancers. We do not charge any deposit fee for our beneficiary.
Paypal fee table can be found HERE