PayPal fees are set to increase for payments made by businesses between the UK and Europe. The fee increase is the result of PayPal experiencing higher fees since the UK left the European Union.
Something that was being eagerly awaited was the new fee schedule which includes the additional percentage-based fees for international commercial transactions. The fee schedule which outlines all the fee changes set to take effect on November 10th can be found here.
The fee increase means that businesses making payments between the UK and Europe will be charged a 1.29% fee as opposed to the 0.5% most are currently paying. It’s not only
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