PAYPAL *MBOP INC IL

if you've ever used PayPal, you may have noticed a charge from "MBOP, Inc." on your statement. But what is this charge for? MBOP, Inc. is a subsidiary of PayPal that provides merchant services. This means that if you use PayPal to pay for goods or services from a business, that business will likely be charged a fee by MBOP, Inc. for the transaction. The exact amount of the fee will vary depending on the total amount of the transaction and the country in which it takes place. However, it is typically a few percentage points of the total transaction value. So, if you see a charge from MBOP, Inc. on your PayPal statement, it is most likely a fee that has been charged to the businesses you have paid using PayPal.