The usual reason to compress a PDF is that something refused it — an email attachment limit, a government upload form, a portal with a 5 MB cap. This shrinks the file on your own device, so the document you are trying to keep private stays on your machine.
Free on every plan, including the free account. Prices in AUD.
Pick Compress from the tool list. Drop the oversized PDF into the area that opens; it loads immediately because there is no upload to wait through.
There is a trade between size and picture quality. A text document takes the strongest setting without looking any different; a page of photographs will not.
Look at the result before you send it — compression works on the images inside the file, so it is worth confirming a scan is still readable. Then save it to your device.