PAYPAL *SNULL ON

The charge on your PayPal statement labeled "SNULL" is a credit card transaction fee. Whenever a customer makes a purchase using their credit card through PayPal, the company charges a small fee to cover the cost of processing the transaction. This fee varies depending on the type of card used, but it typically ranges from 1.9% to 2.9% of the total purchase price plus a fixed fee of $0.30. While this may seem like a small amount, these fees can add up over time particularly for businesses that regularly receive payments through PayPal. However, it is important to remember that PayPal provides a convenient and secure method for receiving online payments, making the transaction fees well worth it for many customers and merchants.Oftentimes, unless there are alternative payment options available, paying these fees is simply the cost of doing business in today's digital age.