How does PayPal earn money?
PayPal mainly earns money through transaction fees when businesses use it to accept payments. They take a small cut from each transaction.
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Fees, fees, fees! PayPal charges for business transactions, currency conversions, and instant transfers. That's their bread and butter.
As someone who uses PayPal often, I can tell you that they charge a small percentage per transaction. It's how they keep the lights on.
They also make money through currency conversion fees. If you're sending money internationally, you might see a small fee for converting currencies.
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