About 3 or 4 years ago PayPal added the option to buy cryptocurrency, which I thought I’d try. (Dumb idea 🙄)
Part of the sign up process was glitched. I retried and clicked submit one too many times, I guess. Now I’ve been unable to use PayPal for years. They blocked me because THEIR SITE was broken, but the web page essentially accuses me of being a criminal and asks for my bank records. No way in hell.
This was just for me to pay others. I can only imagine how awful PayPal is if you are a vendor.
Fuck PayPal.
Not really. They have a minuscule fee of around 40cents if I remember right
Depends on the country and the context. For private people in the Netherlands, it’s free. On my business account I pay something like 12 cents, plus 2 bucks per batch (which is why most companies only do payments every so often)…
In the US it very much isn’t free. I realize the original commenter was asking about Europe and Asia, but something to be aware of if you want to visit this country. Here at least, you’re much better off using traveler’s cheques, rather than trying to rely on cash from ATMs and bank transfers.
I have no idea why, but I swear to god that we have the most bass-ackwards banking system in the world. They still use COBOL for fuck’s sake.
Zelle is free. It sucks, but it’s there.