PAYPAL *FS FSPRG.COM CA

PayPal is a handy tool for making and receiving payments online. However, some users may be puzzled by certain charges on their statement, such as the "fs" charge. This simply stands for "foreign currency transaction fee." PayPal assesses this fee whenever you make or receive a payment in a currency other than your account's default currency. For example, if you have a U.S. dollar account but receive a payment in Euros, you will be charged a foreign currency transaction fee. The amount of the fee varies depending on the currencies involved and the amount of the payment, but it is typically around 3%. So, if you see a charge from PayPal labeled "fs," it is nothing to worry about - it is just a standard fee for processing foreign currency transactions.