As the most widely used international ** payment tool in the world, PayPal can support more kinds of currencies, which largely solves the problem of foreign currency collection. Now mainland users also register the PayPal platform normally to receive and pay, but for different regions and different currencies, the handling fees charged by PayPal will be different, and today's article will take the US dollar currency as an example to explain to you. Receiving fees. PayPal is currently free to register, open an account and make payments, and the default fee is 4 for users who want to receive money on PayPal4%+0.$3 per transaction. If it is a former mainland enterprise PayPal, when the monthly collection is greater than 3,000 US dollars, you can apply for preferential treatment to the platform, and the specific preferential policies are as follows:
When the cumulative monthly collection is 3,000-10,000 US dollars, the handling fee is 39%+0.3。
When the monthly cumulative collection is 10,000-100,000 US dollars, the handling fee is 37%+0.3。
When the monthly cumulative collection is more than $100,000, the handling fee is 34%+0.3。
If the previous month's payout exceeds $3,000, the next month's fee will automatically become the original default fee. However, at present, in the background of PayPal, there is no such preferential policy, and the background shows that all collection fees are 44%+0.$3.
What are the must-see PayPal fees for newbies.
Withdrawal fees. PayPal withdrawals to domestic bank cards require a handling fee of $35, depending on the bank will charge different percentage of rates, and the mainland PayPal withdrawal only has a foreign exchange limit of $50,000 per year. If the user has a large flow of funds, it is more recommended to use a third-party payment platform for foreign exchange settlement, such as windpayer (handling fee 0.).6-1%), Payoneer (fee 1.2%), after successfully registering on the third-party platform, you can bind the PayPal backend to withdraw cash. After the funds are received, they will be withdrawn to domestic banks according to the exchange rate of the platform, and the withdrawal time limit is about 2-7 working days, which is more convenient and fast, and does not need to account for foreign exchange quota.
The above is all about PayPal fees, if there is anything else you want to know about PayPal, please leave a message in the comment area and discuss with each other