paypal Review 2025
Is paypal the right way to send money abroad for you?
At a glance
Quick summary of paypal's strengths and specs.
Best For
Sending small amounts quickly to friends or family who already actively use PayPal, where convenience outweighs cost
Speed
Very Fast. Transfers between PayPal wallets are instant. Withdrawing those funds to a bank account can take 1–3 days depending on the country.
Fees
High. Expect a combination of fixed or percentage transaction fees plus a significant markup over the mid-market exchange rate
Safety
Very High. It is a massive, globally regulated, and publicly traded financial technology company.
Our verdict
RateBuddy takeA simple, honest summary of when paypal feels like the right fit.
Where paypal shines
- Unmatched Convenience & Reach: With hundreds of millions of users globally, it’s highly likely your recipient already has an account, making sending money as easy as entering an email address.
- Instant Wallet Transfers: Sending money from one PayPal account to another is typically instant, regardless of borders.
- High Trust & Security: As one of the world's largest fintech companies, it offers robust security measures and is widely trusted for secure transactions.
Things to watch out for
- High International Costs: PayPal is generally one of the most expensive ways to send money internationally, often charging high percentage fees plus a significant markup (3-4% is common) on the exchange rate.
- Recipient Needs an Account: To receive the funds easily and instantly, the recipient generally needs to have their own PayPal account, creating "ecosystem lock-in."
- Aggressive Account Freezing: Some users report frustrations with PayPal's automated security systems, which can sometimes freeze accounts or hold funds unexpectedly if a transaction is flagged as unusual.
How to send money with paypal
A quick walk-through of what it feels like to use paypal from sign-up to delivery.
Create your account
Step 1: Log In & Select Recipient. Open the PayPal app or website and click "Send." Enter the recipient’s name, @username, email address, or mobile phone number.
Set up your transfer
Step 2: Enter Amount & Currency. Input the amount you want to send and choose the recipient's currency. Crucially, select "Sending to a friend" (if available in your region) to avoid higher seller fees for the recipient.
Track & receive
Step 3: Choose Funding Source & Send. Select how to pay. Using your existing PayPal balance or linked bank account is usually cheaper than using a credit or debit card. Review the final exchange rate and total cost, then tap to send instantly.
Detailed ratings
How paypal performs on the things that matter.
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Frequently Asked About paypal
Understand how paypal is rated on RateBuddy, how often we update their rates, and what to check before you send your first transfer.
Our goal is to give you a clean, unbiased picture of how paypal performs for your route — including cost, speed, and customer experience.
Banks and old-school cash transfer brands are familiar, but they’re not always cheap or transparent. For this route, RateBuddy compares paypal against those options on:
- Total cost: transfer fees plus exchange rate margin.
- Speed: how quickly money normally arrives for this payout type.
- Limits & flexibility: minimum/maximum amounts and supported methods.
When you see paypal near the top of the table, it usually means they beat typical bank/cash-brand pricing on at least one of these dimensions — often more.
The RateBuddy rating is a quick “at-a-glance” score that summarizes how this provider performs on this route, based on:
- Cost: where their pricing sits vs. other providers we track.
- Reliability: consistency of delivery times and payout success.
- Customer feedback: a blend of external reviews and our own user insights.
It’s not financial advice, but a way to help you quickly spot strong all-round options before you dive into the detailed breakdowns on this page.
On this page, we may show selected external ratings (for example, from platforms like Google or Trustpilot) to give you a sense of real customer experience with paypal.
- We don’t edit or cherry-pick those scores — they come from the original platforms.
- Where possible, we link out so you can read full, unfiltered reviews.
- Our own summaries sit on top of that data; they don’t replace it.
Think of RateBuddy as your comparison lens, and external review sites as your deep dive into day-to-day user experiences.
Some providers may choose to work with RateBuddy on sponsored placements or special offers. When that happens, we clearly label them as “Sponsored”.
- Sponsored status never changes the math of what your recipient receives.
- We still calculate total cost using the exact same methodology as for every other provider.
- Sponsorship may affect how prominently a provider is displayed — not the underlying data.
Our promise: you always see the real fees and rates, whether a provider is sponsored or not. You stay in control.
For this corridor, we aim to keep paypal’s rates as fresh as possible using a mix of:
- Automated checks: our systems regularly pull or validate quotes.
- Routine refreshes: we re-run comparisons when markets move meaningfully.
- Provider changes: if a provider adjusts fees or products, we update accordingly.
Exchange rates move all day, so minor differences can still happen. For large transfers, always confirm the final rate and fee on paypal’s own site/app before you confirm.
Small differences can appear for a few reasons:
- Live rate changes: FX markets can move between viewing RateBuddy and confirming on the provider’s site.
- Payment method: using a credit card vs. bank account can change fees or rates.
- Rounding & tiers: some providers use tiered pricing or round differently.
If you see a large or unexpected difference, consider taking a screenshot and contacting both the provider’s support and RateBuddy so we can investigate.
A quick 1-minute checklist can make your first transfer much smoother:
- Confirm the exact name of the recipient matches their ID/bank details.
- Review the fee + rate + total received right before you click “Confirm”.
- Check which documents or ID the provider may need for verification.
- Start with a small test transfer, then increase once you’re comfortable.
Once you’ve done one successful transfer with paypal, you’ll know what to expect — and you can use RateBuddy to ensure they stay competitive over time.
What this page is for
A deeper look at paypal on your specific route — beyond the basic comparison table.
- See how this provider is positioned vs. others for this corridor.
- View ratings, reviews, fees and speed in one place — not across many tabs.
- Learn what to watch for before sending your first larger transfer.
- Use it as a side-by-side lens when comparing multiple providers you like.
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