Paypal charges a tax when you transfer money from one account to another. I am confused on whether is this Riba or not. If it is, what if I change the currency while transferring?
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AFAIK, at least, Paypal does not label that fee as an interest. They call it transaction [handling] fee.– ozbekNov 17, 2016 at 15:12
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No it is not . It is a fee. You are using their service which itself isn't free for them. They have the rights to take a fee. That is why you in the first place wanted their service, because it works good and helps you.– KiliseNov 17, 2016 at 16:36
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1 Answer
No it is not. It's the price you pay in exchange of a service. Riba is borrowing an amount of money, and return it after in a bigger amount according to the delay.
