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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