If you have a PayPal account and find yourself struggling checking out their plans, fees, TOS etc then the following points are must read for you. I have discussed points for noobs as well as some money saving tips while using Paypal. Money Saving Tip: If you are a premier/business account holder and have a good standing with PayPal you can apply for merchant rates. Merchant rates attracts lower fee than normal premier/business accounts rates. To qualify for merchant rates you should have received more than $3,000.00 USD in PayPal payments in the previous calendar month.
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