PAYPAL *CSMO ESAC ON

PayPal is a payment processing company that offers businesses and individuals a way to send and receive money online. The company charges a fee for its services, which is typically a percentage of the transaction amount. In addition to these fees, PayPal also charges a "cross-border fee" when customers send or receive money from another country. This fee is typically between 1% and 4% of the transaction amount, depending on the countries involved. In some cases, PayPal may also charge a currency conversion fee when customers use a different currency from their primary account currency. These fees are clearly outlined on the PayPal website, and users can avoid them by selecting the proper account type when setting up their account.