PayPal Review

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

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 transfer to arrive with PayPal?

Typically, money transfers 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.

There is no set maximum transfer amount. But you will need to check with PayPal and provide additional information if you are making large transactions.

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.
• PayPal does not charge a currency exchange fee. Instead, PayPal makes a profit from the spread between the buy and sell price of the currency you purchase. Compare the exchange rates offered by money transfer services as well as fees when calculating the total cost of the transaction.

PayPal Fees

Description
Processing Commission	2.9%
International Transfer Fee	N/A
International Transfer Fee ($)	N/A
Processing Commission Range	N/A
Processing Fee Range ($)	N/A
Premium Processing Fee	N/A
Foreign Currency Transaction Fee	0%