PayPal is the most popular payment service in Germany - and to date it has been free.
If PayPal has its way, that should change - a penalty fee will soon be due for certain customers.
Statistics show:
PayPal
is the most popular
online payment service
of the Germans.
PayPal customers
worldwide can
send and receive money - completely
free of charge.
But
PayPal is planning a big innovation
from
December 2020
: Many customers will then have to
pay
fines
.
San José / London - According to the global corporation, statistically every fourth German now uses
PayPal
- or at least has an account for the
online payment service
.
Although security loopholes are known again and again,
PayPal is
popular as it enables money to be received and payments to be made online worldwide.
PayPal also
offers its users
buyer and seller protection
, which is particularly popular with fans of
Ebay
,
Kleiderkreisel
& Co.
Video: consumer advice center warns of PayPal and Co.
In addition,
PayPal
- and that is probably crucial for its international success - is still free.
If the company has its way, that should change very soon.
Although the company is flourishing and - according to its own statements - over 346 million people use the online payment service, some of its customers are apparently still a thorn in the side.
Too many of the registered
users
are not regularly active when it comes to cashless
payments
via
PayPal
.
A
penalty fee
is intended to change this - and thus apparently encourage the use of the
online payment service
.
As the British newspaper
Evening Standard
reports, the
penalty fee
at PayPal
will come
into effect
from
December 16, 2020
and apply to both buyers and sellers.
If you have money in
your PayPal
account but do not use the account, you should either
pay
the proposed penalty
fee
of
12 pounds
- this would be around
13 euros
- or close your account.
The new measure affects all users
who have not used
PayPal for
more than a year.
This is how the PayPal penalty fee can be avoided
From one year of
inactivity
,
PayPal users
will be asked to pay.
According to the company, the affected customers should be
notified
sixty, thirty and seven days before
the deadline
by
e-mail in
order to have enough time to cancel the account if necessary.
However, there are a few loopholes for the more "passive" PayPal customers: If there is
no
credit
on the
PayPal account,
for example
, the
penalty
fee does not have to be paid.
In addition, an
"activity"
is already
considered
to be sending, receiving or debiting money once a year - or simply logging in.
In addition, PayPal users in
Germany, Austria
and
Switzerland
are not yet
affected
by the
penalty fee
- the novelty will apparently only be
introduced in
Great Britain
at first
, reports the technology portal
Techbook
.
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