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Right now, any other payment company could hold your money, kill your cat, fill your car with stinky waste, spoof rude emails to your friends and family, and finally blow raspberries at you, and it would still be heads and shoulders above the stinkfest of paypal.


I am paying my payment processor 10% - 15% of each transaction in processing and cross border fee, because, I am told:

1. They are small, and don't get good exchange rates 2. My location makes for a long money route, so I pay between 4% - 8% in cross border fee on every transaction

The above fee doesn't even include the final transaction and conversion fee when I withdraw the USD balance to my home currency.

From where I stand, I would be saving 3% - 5%, or more with PayPal, on every transaction. I am willing to take the risk.


Transferwise when I just looked only charge 1% off interbank for USD to INR. Maybe use Stripe (2.9% + 30ยข) for USD and then that?


Stripe isn't available in my country.




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