![]() While these accusations were quickly resolved by refunding customers, this is a negative mark on PayPal's past business practices. PayPal has been accused of overcharging customers on interest fees, late fees, and other small incremental charges.Interac e-transfer, for example, is slightly cheaper for some cross-border transfers. PayPal is more expensive than many alternatives.While many users have received excellent support from the PayPal call desk, other users report that they have been frustrated by the lack of attentiveness and lack of knowledge by the phone staff. If PayPal senses a safety or privacy risk, it freezes the funds in the account and won't give access to the account for weeks until the account owner can disprove any allegations of fraud. PayPal is overly-sensitive about fraud risk, and will quickly shut down a busy PayPal account if it suspects any misconduct.If you are in Canada or Mexico, for example, and purchase goods from an American vendor, the exchange rates that PayPal charges are not only more costly than most banks, but PayPal also charges a 2% surcharge to convert currency. PayPal's currency conversation rates are expensive.You will need to register for a Paypal Business Account and determine the type of Business. PayPal charges a surcharge to send money to friends or family using a credit card. Hit the Sign Up button on the top-right corner of the page.PayPal charges a surcharge to send money to friends or family outside of the country.For example, there's no fee when you send $500 to your son while he is at school, or give $75 to your paintball club online. If you use your bank account or PayPal balance to send money, and the receiver is not a registered seller at PayPal, then there is no fee to send or receive funds. PayPal sometimes charges to send money to friends or family members.Using a special surcharge formula, PayPal bills sellers when they receive a payment from a buyer. PayPal charges sellers of goods a 30-cent fee plus a percentage surcharge to receive money. PayPal only charges an account when it receives funds. ![]() PayPal does not charge buyers to send money. The funds are withdrawn from the user's credit card or bank account, or both. PayPal is free for buyers of goods. When a buyer sets up a Paypal account, it costs nothing to send money to a vendor.
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