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PayPal Donation: Maximum single transaction amount

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It seems there is conflicting information regarding this matter. I read a certain article which seems to claim that in 2016, the largest single transaction value through PayPal donation was $230,000. Elsewhere on PayPals site exist somewhat conflicting data. If the merchant and donor have verified accounts, is there any limit on the value of any single transaction? Does the donor experience any errors if the transaction amount exceeds $10,000?

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