PAYPAL *SHANGHAIYIN SH ON

If you see a charge from PayPal Shanghai Yin Shi on your statement, don't worry - it's just a simple processing fee. Whenever you make a purchase using PayPal, the company charges a small fee to cover the cost of processing the transaction. This fee is generally around 3%, but it can vary depending on the type of purchase and the country where the purchase is made. In China, PayPal charges an extra 1% fee on top of the standard rate, which is why you might see a slightly higher charge when making a purchase from a Chinese merchant. So, if you see this charge on your statement, there's no need to worry - it's just a standard processing fee from PayPal.