what does "instant transfer" mean. Does this mean PayPal takes 1% for every transaction?

[livid]

On November 1, Paypal charges 1% for "instant transfers."

Does this mean when I pay for an an item on paypal, they get 1%?

[nevadasmith]

if you want your fund in your paypal account to be transferred to a bank,it wil take days,but if you link a debit card,and pay 1% max is $10,you can have it transferred in no more than 30 minutes.

not all debit cards work with Paypal

[nevadasmith]

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@livid wrote:

On November 1, Paypal charges 1% for "instant transfers."

Does this mean when I pay for an an item on paypal, they get 1%?

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paying for an item,buyer does not pay fee, seller does,it is not a transfer,it is a payment