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True enough, but no sliding scale as as tranasactions increase in value? I receive the same service for free from BofA, Venmo etc. PayPal added no value to this transaction and lifted a hefty fee, And the rich get richer. All the cheerful marketing aside, PayPal is just another financial grifter. Have they deliverd $430 worth of service to me in 2017, not a chance.
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Yesterday I sold a painting on Ebay for $15K. By default I allowed the transaction to flow thru PayPal. I was shockeded to see that PayPal "Instantly" took 3% or over $435 as a fee. A fee for what? Outrageous. Has anyone else had the great misfortune of this happening with large sums? I'm staggered by this and need to follow up for some sort of explantaion and reinbursment from PayPal. Not my Pal for sure.
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