PayPal

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in Money Transfer Services from PayPal Inc

SuperMoney Net Recommendation Score +54

Strongly recommended

51 users recommend

7 users are unsure

13 users don't recommend

Browse Reviews: 51 Recommendations | 13 Complaints

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Highlights
Community Rating	Strongly recommended
Minimum Transfer	$1
Transfer Speed (days)	0 days
Processing Fee Range ($)	N/A
Processing Commission	2.9%
Number of Reviews	71

PayPal Review

PayPal is a money transfer service company based in San Jose, CA. It was founded in 1999 and offers money transfers to 204 countries.

PayPal FAQ

What money transfer methods does PayPal support?

PayPal allows you to send money to the following destinations:

Personal transfers without the need of a bank account

How long does it take for the money to arrive with PayPal?

Typically, money will take 0 day to arrive. However, this may vary depending on the amount, currency, and destination.

How much money can you send with PayPal?

PayPal does not have a minimum transfer amount.

The maximum amount you can send per transfer is $25,000.

What fees and commissions does PayPal charge?

PayPal does not charge a flat processing fee. Instead the cost varies depending on the amount you transfer.
There is a processing commission of 2.9%. For example, on a $1,000 transfer you will pay around $29. This is just an estimate there may be other fees and commissions to consider.
If you transfer money to a different currency, PayPal will charge a 3% fee. To illustrate, if you want to send $1,000 and convert it into euros, you will have to pay a $30 for the service.

PayPal Fees
Description
International Transfer Fee	Up to 5%
International Transfer Fee ($)	$0.99 - $4.99
Foreign Currency Transaction Fee	3%
Processing Commission	2.9%

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From PayPal

Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 325 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.

With ways to shop, pay and chip-in, we're here for you. Across the table or around the globe, we make it simple to transfer money to anyone who uses PayPal. Our advanced search makes it easy to find and know who you’re sending money to. If they don’t have an account with PayPal, it’s easy to open one. It’s easy for anyone using PayPal to securely send money to your account with PayPal. Share your unique PayPal.me link or QR code to make it even easier.