Paypal Fees and Exchange rates are very high, It needs to be fixed

[HemantS]

Hi Paypal Fees and Exchange rates are very high compare to other providers like Wise. its says 4.4% + 30 but at the end it comes to 10% fee for receiver. Service fees is high and there is big differance in exchange rates. Which is completely wrong. I would suggest paypal if they fix this, Paypal will become best platform. Write now it's very expensive.

[kernowlass]

@HemantS 

Paypal is used widely by buyers as they have more buyer protection than other payment processors.

So the fees you pay as a seller to use paypal are offset by the amount of buyers that you get.

If you don't like paypal fees then use Wise instead?