![]() If you sell goods or services in your store location using PayPal, you’ll also pay transaction fees for selling your products. If you sell goods or services online through PayPal, including through PayPal Payments Standard and PayPal Checkout, then you will pay transaction fees for selling using their platform to accept payments. Merchant fees are what you’re charged for accepting PayPal payments to purchase your products. PayPal Merchant Fees for For-Profit Businesses Here’s a look at some of the main PayPal fees you may encounter if you’re a business accepts payments through PayPal. Credit cards, debit cards and cash have been joined by a variety of digital and mobile payment apps, like PayPal, which have dramatically changed the landscape of purchasing. This makes sense considering how payment methods have changed significantly in just the last decade. PayPal has been widely adopted by businesses as another way of accepting payments for goods or services they sell. If your payment method is funded by credit card, debit card or PayPal Credit, you’ll pay the same 5% transaction fee, but also an additional funding fee equal to 2.9% of the transaction amount funded plus a fixed fee based on the currency.Īlso: Invoicing Best Practices for Small Businesses PayPal Fees for Business Use. ![]() PayPal account holder through your PayPal balance or linked bank account, you’ll pay a transaction fee of 5% of the amount sent, with a maximum fee of $4.99, while paying no funding fee. If you fund the money you send to the other non-U.S.PayPal account holder who wants to send money to a friend or family member with a PayPal account in a country outside the U.S., then you’ll pay a fee that’s once again dependent on the payment method you use and the amount you’re sending. ![]()
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