from Hacker News

PayPal to increase fees next month

by isabelc on 5/15/22, 10:30 PM with 9 comments

• by Vladimof on 5/15/22, 10:55 PM

  The inflation doesn't increase fees enough?

• by iancarroll on 5/16/22, 3:56 AM

  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).

• by armini on 5/16/22, 6:20 AM

  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

• by bspear on 5/16/22, 4:17 AM

  Paypal is basically a poor man's Stripe