What are the fees associated with using PayPal in Europe?

PayPal charges various fees for its services in Europe. While creating a PayPal account is free, specific transaction fees apply. Sending money within the European Union typically incurs a fee of 0.5-2% of the transaction amount, depending on the sender's country and payment method. Receiving funds from customers located in a different country can also result in a small percentage-based fee. International transactions may additionally involve currency conversion charges, which vary depending on the exchange rate. Merchants utilizing PayPal to accept payments online are subject to fees ranging from 1.9% to 3.4% per transaction, plus a fixed fee for each payment received. Sellers can consult PayPal's official website for a detailed breakdown of fees specific to their country and type of transaction.