I am an acrobatics teacher based in the USA and I am setting up an acrobatics workshop on the island of Sicily. People are paying me from all over Europe. I am trying to do this right and pay the least in Paypal fees possible. 1. What currency should I collect in? My home currency is USD. Many are paying in Euros. Say someone pays me in Euros and I need to issue a refund. Is it just as easy to refund them if I have the currency converted to US. I mean, if their money is converted from Euros to Dollars when they pay me, can I still issue a refund and the fee is refunded and the student gets their money back in Euros? 2. I am using a Paypal business account. Do I have to pay the 4.4 percent fee in every transaction? When I collect money a 4.4 percent charge is deducted. After the acrobatics workshop is over I have to send half of the money to my friend who is based in Italy and his main currency is Euros. When I pay him his half do I have to pay the 4.4 percent transaction fee again? That money would have the 4.4 percent fee applied to it twice. -Jacob
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