Yes, PayPal charges a small fee to process payments.
Domestic (U.S Residents): $1.00 USD + 2.7% of payout per payment, not to surpass $2.00 USD.
International (Non-U.S Residents): $1.00 USD + 2.7% of payout per payment, not to surpass $22.00 USD
PayPal Payouts may take 1-14 business days to process.
To learn more about PayPal, see here: https://www.paypal.com/