Sometimes I wonder which payment method the scammers use less - Bitcoin or PayPal. I think I have been scammed at least 3 times using PayPal and I am very wary of the chargeback issues through buyers' banks accounts. On the other hand Bitcoin offers no money reimbursement so if you can't find a good escrow you are taking a big risk. At least I haven't had any bumps till now with my Bitcoin journey fortunately.
Either way, as customer, you can be scammed by both of the payment method Bitcoin and Paypal. I have been scammed once with Bitcoin and it is almost impossible to get my coins back. Besides, if you are scammed through Paypal the seller could sometimes win the dispute with invalid proofs. Both are gateway for scammer to earn quick bucks from 'noobs'.Yeah right. Paypal main priority is user's concern. I don't get why others hate Paypal and I see no sense of choosing only one between bitcoin and paypal. If anyone has a problem with Paypal fees then change to bitcoin.
That why they are choosing bitcoin because they dont want the high fee that paypal gives there is actually a sense in choosing one it will help you make save more money when transferring money.
In my case I see no high fees there. But I want to know something. Is the fees per country are vary?
And what type of transactions where "high fees" applied?
Merchant fees for paypal cost varies where you are living and what type you are selling.
Sales within the US 2.9% + $0.30 per transaction
Discounted rate for eligible nonprofits 2.2% + $0.30 per transaction
International sales 3.9% transaction fee plus a fixed fee based on currency received
PayPal Heretm card reader 2.7% when you swipe a card or 3.5% plus $0.15 for manually entered transactions
But if you choose bitcoin then you wont be paying any merchant fee.
