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A word of warning to artists and commissioners
10 years ago
やぁぁぁってやるぜ！
Reposting this from my tumblr dashboard:
EVERYONE needs to start using Invoices. This is very important.
Paypal has recently updated their TOS and it’s something that everyone should pay attention to.
“10.3h If you violate the PayPal Acceptable Use Policy, … you will be liable to PayPal for the amount of PayPal’s damages caused by your violation … You acknowledge and agree that $2,500.00 USD per violation … is presently a reasonable minimum estimate of PayPal’s actual damages … PayPal may deduct such damages directly from any existing Balance in the offending Account or any other Account you control.”
DO NOT SEND PAYMENTS AS “GIFTS” You will be risking your commissioners account and that is really really bad.
Artists, REQUEST PAYMENT THROUGH INVOICES. It lets YOU control how money is sent.
Commissioners, DO NOT SEND PAYMENT unless you send it through “for goods and services.” If your artist requests ‘send as gifts’ BEFORE you send payment, tell them about the $2,500 fine per violation, as they probably do not know about it.
Yes, paypal fees suck, but it’s better to have a few dollars missing than to get fined $2,500 for a $20 purchase.
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I've had people send me money as gifts before. Don't do this if you commission me. If need be, I'll adjust the price to factor in their fee for services rendered, but, in any case, if I'm not invoicing you (and I really should,
bjkgreywolf is getting me into this habit kek), send the money as payment for goods or services. This also helps me to report my furry art as taxable income and keeps the IRS from getting mad over the couple hundred dollars or so I make a year off of drawing for money and not for hobbyist purposes. :V
EVERYONE needs to start using Invoices. This is very important.
Paypal has recently updated their TOS and it’s something that everyone should pay attention to.
“10.3h If you violate the PayPal Acceptable Use Policy, … you will be liable to PayPal for the amount of PayPal’s damages caused by your violation … You acknowledge and agree that $2,500.00 USD per violation … is presently a reasonable minimum estimate of PayPal’s actual damages … PayPal may deduct such damages directly from any existing Balance in the offending Account or any other Account you control.”
DO NOT SEND PAYMENTS AS “GIFTS” You will be risking your commissioners account and that is really really bad.
Artists, REQUEST PAYMENT THROUGH INVOICES. It lets YOU control how money is sent.
Commissioners, DO NOT SEND PAYMENT unless you send it through “for goods and services.” If your artist requests ‘send as gifts’ BEFORE you send payment, tell them about the $2,500 fine per violation, as they probably do not know about it.
Yes, paypal fees suck, but it’s better to have a few dollars missing than to get fined $2,500 for a $20 purchase.
---
I've had people send me money as gifts before. Don't do this if you commission me. If need be, I'll adjust the price to factor in their fee for services rendered, but, in any case, if I'm not invoicing you (and I really should,
bjkgreywolf is getting me into this habit kek), send the money as payment for goods or services. This also helps me to report my furry art as taxable income and keeps the IRS from getting mad over the couple hundred dollars or so I make a year off of drawing for money and not for hobbyist purposes. :V
That's pretty crazy! Thanks for the heads-up. Sheeesh...
You only have to worry about the fine if you're using PayPal for obviously nefarious reasons, like selling drugs or buying illegal firearms. You can even read more about it here ---> ( http://fav.me/d8t0y3k ) and here ---> ( http://miukkun.tumblr.com/post/1187.....-mistercrowbar ).
Anyway, just thought you'd like to know and I hope you're doing well.