Paypal new charges

PayPal has introduced new charges and fees for its services. Here are some of the changes:

1. Cross-border fees: PayPal has introduced a new cross-border fee of 1.5% of the transaction amount, in addition to the existing conversion fee, for transactions between different currencies.
2. Currency conversion fees: PayPal has increased its currency conversion fee from 2.9% + $0.30 to 3.5% + $0.30 for transactions in certain currencies, such as the British pound, euro, and Australian dollar.
3. Recurring payment fees: PayPal has introduced a new fee of 2.9% + $0.30 for recurring payments, in addition to the existing payment processing fee.
4. Instant transfer fees: PayPal has increased its instant transfer fee from 1% to 1.5% of the transaction amount for instant transfers to your bank account.
5. Credit card fees: PayPal has introduced a new fee of 2.9% + $0.30 for credit card transactions, in addition to the existing payment processing fee.
6. Debit card fees: PayPal has increased its debit card fee from 1.9% + $0.30 to 2.9% + $0.30 for debit card transactions.
7. International fees: PayPal has increased its international fees for transactions in certain countries, such as China, India, and Brazil.

Here are some examples of the new fees:

• Cross-border fee: 1.5% of the transaction amount (e.g., $10.50 on a $700 transaction)
• Currency conversion fee: 3.5% + $0.30 (e.g., $3.50 on a $100 transaction)
• Recurring payment fee: 2.9% + $0.30 (e.g., $2.90 on a $100 transaction)
• Instant transfer fee: 1.5% of the transaction amount (e.g., $1.50 on a $100 transaction)
• Credit card fee: 2.9% + $0.30 (e.g., $2.90 on a $100 transaction)
• Debit card fee: 2.9% + $0.30 (e.g., $2.90 on a $100 transaction)

It's worth noting that these fees may vary depending on your location, the type of transaction, and the payment method used.