PayPal to increase fees next month (opens in new tab)

The inflation doesn't increase fees enough?

Also mentioned is the removal of PayPal Key, a feature where PayPal issued users a debit card that would then charge a credit card for any purchases. This feature certainly cost PayPal a ton of interchange fees that it will never recoup, and it is amazing it was ever launched.

Was widely abused to churn spending that needed a debit card into credit card spending (and thus CC rewards).

Creators need to start sending & receiving payments on blockchain apps. The sooner we make that transition the sooner we don’t need to put up with fee increases. We’re working on that liberation with www.Kuky.com

Paypal is basically a poor man's Stripe