PAYPAL *BHMD CA

When you use PayPal to send or receive money, you may see a charge called "BHMD" on your statement. This stands for "Bank-Holding Merchant Discount." Essentially, this is a fee that PayPal pays to the bank that processes your transaction in order to ensure that the funds are available immediately. This charge is usually around 0.30% of the transaction amount. So, if you're sending or receiving $100, you can expect to see a BHMD charge of $0.30. While this may seem like a small amount, it can add up if you're frequently sending or receiving money through PayPal. Fortunately, you can avoid this fee by using a different payment method, such as a debit or credit card. If you do use PayPal, be sure to keep an eye on your statement so that you're aware of any charges that may apply.