Quote Originally Posted by smartzkool
Quote Originally Posted by nash_avi
i think that they earn through the fee that they charge per transfer.because no member would wait for a big amount to transfer(which is free in paypal)they just transfer small amounts that they have in their account and a fee is charged.many of them request cheques too.
Well that's true... They get income from transfer fees and also their conversion rate is usually lower than the actual rate, that means they gain there also...
besides general commission for transfering funds,paypal earns good amount making bank transfer.in india it charges about 1 usd fee for tranfering fund directly into bank account of members and also pays about 4 cent less converting dollar into rupee.