What are PayPal's fees?

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metoc15411
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Joined: Tue Jan 07, 2025 4:25 am

What are PayPal's fees?

Post by metoc15411 »

Basically, there are no opening fees or annual fees for PayPal. If you do not use a credit card, there is no charge for transfers between PayPal accounts in Japan. The settlement fees (commercial payment fees) for credit cards, etc. are as follows. Foreign currency denominated transactions also incur foreign exchange fees . For transactions destined for the United States,

Japan to Japan in Yen – 3.6% + 40 Yen
Japan to US in Yen – 3.9% + 40 Yen
Japan to US in USD – 3.9% + $0.30 USD
There are two options for foreign exchange fees:

Use PayPal's foreign exchange function. For USD, 3.5% + spread
Use the foreign exchange function of your credit card company. In the case of US dollars, it is usually 1.63% + spread.


summary
In my experience, PayPal is very easy to use, even for bahrain whatsapp data shopping on Ebay, with its one-touch function, easy input, and well-managed history, and is a payment method that everyone uses, especially in the UK. It has now become independent from Ebay and is becoming a major global company.
In the recent news, it has started a partnership with VISA, and is expanding its services by partnering with IKEA and airlines. It can be said to be the next generation payment system because it is highly reliable and has convenient functions. It is already being used by a large proportion of people overseas. Another
advantage of PayPal is that it has a protection system for consumers and sellers, and is thought to be the ideal payment system for cross-border e-commerce sites. In the case of cross-border transactions, exchange fees start from 3%, but it is worth using as a safety-conscious payment service and is a recommended payment service.
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