PayPal Fees
PayPal offers a wide range of financial services. Here's a break down of all PayPal's fees.
PayPal is best suited to business owners who:
PayPal’s payment processing rates range from 1.9% to 3.5% of each transaction, plus a fixed fee ranging from 5 cents to 49 cents. The exact amount you pay depends on which PayPal product you use.
A $100 transaction will cost between $2 and $3.99. Over the course of a year, these fees can take a sizable chunk out of your bottom line.
So, is PayPal the right payment processor for your business? There are several things to consider before you decide.
PayPal is very transparent about its fees. You can find the full fee structure on the Merchant Fees page on their website.
Transparency does come with a certain level of complexity, though, so we’ve summarized PayPal’s current fees below.
Product/Service | Per-Transaction Rate | Per-Transaction Fee |
|---|---|---|
Digital payments (eg. invoicing, checkout, etc.) | 3.49% | $0.49 |
Send/receive money for goods and services | 2.89% | $0.49 |
Standard credit/debit card payments | 2.99% | $0.49 |
Donations | 2.89% | $0.49 |
Charity transactions | 1.99% | $0.49 |
Alternative payment methods | 2.59% | $0.49 |
PayPal Here (Card present or QR code) | 2.7% | No Fee |
PayPal Here (Keyed) | 3.5% | $0.15 |
Zettle (Card present or QR code) | 2.29% | $0.09 |
Zettle (Keyed) | 3.49% | $0.09 |
QR Code Transaction (Under $10) | 2.4% | $0.05 |
QR Code Transaction (Over $10) | 1.9% | $0.10 |
Product/Service | Per-Transaction Rate | Per-Transaction Fee | Note |
|---|---|---|---|
Advanced credit/debit card | 2.59% | $0.49 | Per-transaction rate is 3.5% for Amex |
Payments Advanced | 2.89% | $0.49 | $5 monthly fee |
Payments Pro | 2.89% | $0.49 | $30 monthly fee |
Virtual terminal | 3.09% | $0.49 | Per-transaction rate is 3.5 for Amex. There is also a $30 monthly fee. |
In addition to the fees on this table, there are optional fees for online card payment services. Some fees, such as Chargeback Protection, can ultimately save you money. Other fees, like Advanced Fraud Protection, might give you peace of mind without being of any real benefit, especially if you aren’t in a high-risk industry. You'll need to pay close attention to these fees, as they can quickly add up.
- When you sign up for PayPal, your default rate will be the Standard Credit/Debit Card Payments rate of 2.99% plus $0.49 per transaction.
- Choosing Advanced Credit/Debit Card Payments will give you a lower per-transaction rate of 2.59% plus $0.49; it will also give you access to features such as Chargeback Protection.
- Be aware, though, that additional features incur additional fees — sometimes negating any savings. Weigh any benefits you will gain against these additional fees.
- International transactions incur different per-transaction rates and fees as well as currency conversion fees. Again, PayPal’s Merchant Fee page breaks down all its rates and fees in detail.
Last modified 3mo ago