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Manage your cookies Accept Cookies. PayPal does provide value for money and allows users to conduct certain transactions for free, not to mention open a free account.
One bone of contention that customers may have with using PayPal is the actual amount of the fees they do have to pay. It can be cheaper to pay in your own currency.
It was reported online a couple of years ago that PayPal updated their User Agreement to include terms and conditions that prevent businesses from discouraging customers from paying by PayPal.
The obligation to pay fees when selling to customers across the border — would not be fair, some might say. The company had also hiked up its rates, but justified this by stating that its increases would only apply to users in the US.
Does that make them fair? PayPal, meanwhile, could well believe that the fees they charge are perfectly acceptable. The company provides several different options for people who run businesses and could well believe that fees are necessary to cover the operation of its different services.
The lower rate may only be a little lower, at around 1. Take care of the pennies and the pounds will look after themselves, as they say.
The other way to avoid them is by going with a competitor. There are plenty of them. The battle between tech companies is fierce in many spheres — and online payments is one of them.
Users of the platform — and anyone who is considering making PayPal a payment option for their customers — may not agree with the fees the company charges them, which is where their power lies because they can choose other options.
PayPal may well reconsider their policy on fees. Skip to Content Toggle navigation.