Re:Paypal President: We're thinking about adding Bitcoin (2:...
by amalag on Wednesday April 24, 2013 @03:56PM
(#5603577)
Paypal takes 3.9% ? No, you have to see how much credit card companies take and how much paypal takes. They likely get less than half that.
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Re:Paypal President: We're thinking about adding Bitcoin (2:...
by MacsHeadroom on Thursday April 25, 2013 @12:27AM
(#5605707)
For international sales PayPal takes 3.9% plus a flat rate fee ($1-$5) plus a poor exchange rate which adds in a hidden 2-3%.
In total they can end up taking $12 on a $100 purchase.
But you're right, most of that probably goes to the credit card company.