PAYPAL *RVSRUS ON

Paypal is a popular online payment platform that allows individuals and businesses to send and receive money electronically. While the service does offer many convenient features, there are also fees associated with using Paypal. One such charge is a fee for receiving funds from another person or entity. This fee varies depending on the funding source and can range from 2.9% to 2.5% plus a set fee of $0.30 per transaction. For example, if someone sends you $100 using their credit card as the funding source, Paypal will charge a fee of 2.9% plus $0.30, bringing your total receipt to $97.40. In certain situations, this fee can be avoided by purchasing goods or services through Paypal instead of requesting direct payment from the sender, but it is always important to review all fees before making a payment or requesting funds through Paypal.