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This topic is split from https://wpml.org/forums/topic/placeholder-is-translated-but-not-shown-on-page-2/
This thread is resolved. Here is a description of the problem and solution.
The user was not able to translate "Pay with paypal" description
The string is a plugin option and should be translated through the admin strings screen or with a custom XML configuration.
Add the following code to WPML->Settings->Custom XML Configuration.
<wpml-config> <admin-texts> <key name="woocommerce_ppec_paypal_settings"> <key name="description" /></key> </admin-texts> </wpml-config>
The string will be available in WPML->String Translation under domain "admin_texts_woocommerce_ppec_paypal_settings". See the attached image.