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PayPal is raising their service fees

PayPal will be increasing their fees on August 2nd 2021. Many sites cover these fees for us, but I know a lot of users sell their gift cards over on r/giftcardexchange.

 

The rate for Send/Receive Money for Goods & Services will be 2.89% + $0.49.


The rate for Send/Receive Money for Friends and Family will not change on August 2, 2021.

They are also raising the rates on charity transactions, donation transactions, PayPal payments pro, and their virtual terminal.

 

You can read more about the upcoming changes here.

submitted by /u/Mikazah
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source https://www.reddit.com/r/beermoney/comments/obr2hy/paypal_is_raising_their_service_fees/

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