To translate this in real-world scenarios, if you're paying Php10,000 via Paypal, the usual fees would be Php15 + 3.4% * Php10k or Php355 (domestic). Paypal explains that the increase in merchant fees will help the company improve its services, increase risk avoidance and better customer service. Read more in our articles including "Paypal hikes Commercial Payment Fees" and "Disputing Unauthorized Transactions on Paypal".
To translate this in real-world scenarios, if you're paying Php10,000 via Paypal, the usual fees would be Php15 + 3.4% * Php10k or Php355 (domestic). Paypal explains that the increase in merchant fees will help the company improve its services, increase risk avoidance and better customer service.
Our coverage of paypal increase fees includes: "Paypal hikes Commercial Payment Fees"; "Disputing Unauthorized Transactions on Paypal"; "PayPal to GCash: How to Transfer or Withdraw Money". Each article provides unique insights and information.
Our article "Paypal hikes Commercial Payment Fees" published on August 19, 2013 covers the latest information about paypal increase fees. Check it out for the most current details.