You can use this service if you need to exchange your bitcons to PayPal or send PayPal payments without need to have PayPal account.
The minimal amount per transactions is $20. Maximal amount per transaction is $4000.
Also you can use the system for sending payments to non-US Visa and MasterCard bank cards.
Update: You need to use BTC-E.com first in order to exchange bitcoins to fiat currency.
You can use BTC-E.com directly (without Payeer) but you will wait more for transfer to complete (up to 5 working days). Also there is a minimum transaction amount of $500 USD:
Disclosure: the above link is “affiliate link“. I may receive commissions if you sign-up and use this service.