Paypal Hidden Fees

 Many users do not know about the little shown user fees Paypal charges an account user. Despite it being a major player in  electronic payment over the internet, Paypal fees are not well known nor openly found easily like those of Ebay.

For instance, an account owner can send money to anyone with an email address. Nothing is charged to the sender, however, I was shocked to find that the receiver is charged a fee. For instance, sending a person $1800 will cost the receiver over $50 to retrieve it, netting only $1750. PayPal account holders are only allowed to withdraw funds to a maximum amount of $500 each month.  Then, there is a $1.50 service fee for this.  So, it will take four (4) months for the receiver to withdraw a deposit of $1,800!

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Comments 4 comments

jojo 7 years ago

not much is straightforward nowadays. It makes the entire system look bad. It makes you not want to even bother with it.


nick 6 years ago

i think pay pal is a load of rubbish they should tell you about hidden costs what a scam


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perrya 6 years ago Author

Scam? not at all, that is how they make money.


Dana 6 years ago

You should look into Payoneer Prepaid Debit Master Card as an alternative....

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