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by throw8932894 1656 days ago
Paypal charges 3% and randomly bans accounts.
2 comments

PayPal fees are zero when money is sent as a “gift” and isn’t coming from a credit card. That seems to be equivalent to this model.

WhatsApp has to play by the same banking rules as PayPal, so they’re not automatically exempted from the same regulations around prohibited transactions. These rules are still enforced at the bank layer.

Whatsapp sells my data for profit and allows ME to ban innocent accounts for 24 hours.