PayPal Net of Fees

Is this available?

[mattb]

We started accepting PayPal through our checkout a few months ago and plan to keep them. Our other merchant account pays us net of fees. That is they deposit the whole amount and then debit their fees 1x per month. Is this available with PayPal?

[LifeinAsia]

Yeah right! PayPal not taking every cent possible as soon as they can- that's a good one! :)

[KenB]

AFAIK, PayPal only takes their cut immediately at the time of the transaction and then credits merchant account the net. They want to make sure they get their piece of the action as soon as possible.