Can I accept PayPal or Venmo for a used car sale? - KeySavvy
Despite the risks, PayPal is an option in specific professional environments: buying a car with paypal
: Large, unusual transfers can trigger security holds, freezing funds for up to 21 days . Can I accept PayPal or Venmo for a used car sale
: Sellers typically pay 2.9% to 3.49% + $0.30 per transaction. On a $10,000 car, this is over $300 in fees. unusual transfers can trigger security holds