PayPal Just Gave Its Self A Raise

Don’t be shocked the next time you look at your PayPal account, but PayPal just gave its self a raise. Some are calling it double dipping. Double because both the seller and receiver are charge for the same transaction. You can imagine how this will increase PayPal’s revenue.

The only way around the price change is to have a premium or business account with PayPal. The price change only effects personal account holders who in the past were not charge to receive payments. The new imposed charge for personal account are 2.9% + 30 cents to receive payment.

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