PAYPAL *VERTICALSCR

  • Charge Identified
    Charge Found on November 21, 2022

What is PAYPAL *VERTICALSCR

Paypal is a payment processing company that enables businesses and individuals to accept and make payments online. Paypal charges a fee for each transaction that is processed through their platform. The fee varies depending on the type of transaction, but is typically a percentage of the total amount being paid. For example, if you are selling an item for $100 and the buyer pays using Paypal, the company will charge a fee of $3.00. This charge is known as a "Paypal surcharge." Paypal also offers discounts for businesses that process a large volume of transactions. For instance, if a business sells $10,000 worth of goods or services through Paypal in a given month, they will receive a discount on transaction fees equal to 2.5%. Discounts like this can help businesses save money on payment processing costs.

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