Hello folks! I wanted to know the exact details / breakdown of PayPal fees applied when receiving payment in India. Below is a recent transaction: I charged $23 to my client, and I received $21.45 I had to pay fees to PayPal = $1.55 ($23 - $1.55 = $21.45) Now when I checked the rates and all, there is (4.4 % + fixed fee based on the currency). This "fixed fee" is $0.3 for US$ currency. So the amount that I should have received = ($23 - (4.4% of $23 + $0.3)) = $23 - ($1.012 + $0.3) =[Removed. Phone #s not permitted]/strong> But I received $21.45 So, where did the remaining amount go? Any fees that I am missing? Now the above difference may sound less, like instead of $21.68 I received $21.45 But if the amount is greater, say more than $100, the fees would be obviously greater. In that case, there may be a significant difference. Someone please explain to me in detail the exact PayPal fees (if there are any other than the above fee breakdown). Thanks in advance!
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