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5.8/10
Informr score
Paypal currently has an Informr score of 5.8 out of 10. This score is based on our evaluation of 4 sources including reviews from users and the web's most trusted critics.

What the Critics Are Saying...


Finty

PayPal is a good option if you want an easy way to pay for online purchases — especially on marketplaces like eBay — or to transfer Australian dollars to someone else in Australia whose bank account details you don't have. If you need to transfer a small amount of money overseas and don't mind the f...

- Yvonne Taylor, Finty
Monito

PayPal is a bad money transfer service (5.4/10), not recommended by Monito’s experts when it comes to international transfers. While it is a reputable provider (7.9/10) and is often used out of convenience (7.8/10), PayPal offers some of the worst fees and exchange rates on the market (1/10) and is...

- Olivia Willemin, Monito
FXcompared.com

The company implements freedom of activity in more than 200 countries and has more than 220 million users. PayPal is transparent in the conditions of its work and the prices that it provides to its customers. It is required to comply with laws and regulations for financial institutions, and this mak...

- Daniel Webber, FXcompared.com
Finder

PayPal is a strong solution for fee-free direct domestic transfers to other PayPal accounts. But international transfers come with a complicated fee structure you’re likely better off avoiding with a money transfer specialist offering lower fees and stronger rates — especially on large transfers.

- Zak Killermann, Kelly Waggoner, Finder

Details


Information
Headquarters California, United States
# of Supported Recipient Countries 202
# of Supported Sender Currencies 34
Supported sender currency AUD, BRL, CAD, CNY, CZK, DKK, EUR, HKD, HUF, ILS, JPY, MYR, MXN, TWD, NZD, NOK, PHP, PLN, GBP, RUB, SGD, SEK, CHF, THB, USD
Minimum Transfer Amount $1
Daily Transfer Limit $5000
Minimum Fee No
Time to Open an Account Few minutes
Documents Required Identification, Proof of address
Transfer Time (Minimum) Instant
Wire Type Wire Transfer
Exchange Rate Type Locked-in
Payment Option Credit Card, Bank Transfer
Mobile App Android, iOS
Email Updates Yes
Customer Support
Telephone Support Yes
Email Support Yes
Live Chat Support No

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