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PayPal is one of the most popular and used online payment services in the world, you can send and receive money, pay for online purchases, donate to charities and much more. But how much does it cost to use PayPal? What are the hidden fees and costs you need to know about?
In this article, I will explain everything you need to know about PayPal fees, whether you are a consumer or a merchant. We will also look at how to save on costs and what are the most convenient alternatives.
purchases or to make donations, you do not have to pay any fees, as long as there is no currency direct mail marketing for personal injury email list conversion. This means that you can use PayPal for free if you pay in euros or Swedish krona within the European Economic Area (EEA).
If you pay in a different currency, you will have to pay a conversion fee, which varies based on the currency and the type of transaction. You can see PayPal's conversion rates here . If you use PayPal to send or receive money from friends or family, the fees depend on the payment method and where the money is going.
If you send or receive money via your PayPal balance or bank account, you do not pay any fees unless there is a currency conversion. If you use your credit or debit card, you will pay a 3.4% fee plus a flat fee of 0.35 euros for domestic transactions, and a variable fee plus a flat fee for international transactions.