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"We're thinking about it" - They better be, because if decentralized payments hit the mainstream, PayPal's 3.9% fee is going bye-bye.
by nemonoko 13y ago
"We're thinking about it" - They better be, because if decentralized payments hit the mainstream, PayPal's 3.9% fee is going bye-bye.
- amalag 13y agoPaypal takes 3.9% ? No, you have to see how much credit card companies take and how much paypal takes. They likely get less than half that.
- MacsHeadroom 13y agoFor international sales PayPal takes 3.9% plus a flat rate fee ($1-$5) plus a poor exchange rate which adds in a hidden 2-3%. In total they can end up taking $12 on a $100 purchase. But you're right, most of that probably goes to the credit card company.