…e standard ~3% transaction fee, Paypal ultimately settles the payment however the consumer chooses. Paypal makes the default payment choice ACH (which costs Paypal ~$0.00) rather than card payments (which cost them ~2%). This means that Paypal makes 300% more when a customer pays with ACH vs a card, giving Paypal unprecedentedly huge margins for a payments company. Second, Paypal can process payments globally more seamlessly than any other company in history. Bec…