FAQs
PayPal is free for online and in-store consumer transactions without currency conversion. For commercial transactions for merchants, PayPal charges fees that are a percentage of the amount (ranging from 1.90% to 3.49%) plus a fixed fee per transaction.
How much does PayPal charge for fees? ›
Standard rate for receiving domestic transactions
Payment Type | Rate |
---|
QR code Transactions through third party integrator | 2.29% + 0.09 USD |
Pay with Venmo | 3.49% + fixed fee |
Send/Receive Money for Goods and Services | 2.99% |
Standard Credit and Debit Card Payments | 2.99% + fixed fee |
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Is it illegal to charge the buyer PayPal fees? ›
Per PayPal's user agreement, you agree to not surcharge your clients for transaction fees. This makes it a breach of PayPal's terms to charge the fees to your client, however, there is a workaround.
How much does PayPal charge a customer for transaction? ›
It's free to use PayPal to pay for a purchase or any other type of commercial transaction unless it involves a currency conversion.
Why is PayPal charging me for friends and family? ›
Personal payments aren't covered by PayPal Purchase Protection. You can make a personal payment to anyone in the US for free if you use your bank account or PayPal Balance. If you use a debit or credit card, there will be a small charge for your payment. Go to our Fees page for more information.
Why is PayPal charging me a fee to receive money? ›
To stay in business, the company needs to make some form of income off of its services. To do this, PayPal charges a fee for most transactions that go through its system. And in most cases, these fees are charged to the person or company receiving the money.
How do I avoid PayPal fees? ›
The PayPal transaction fee is waived if you send money from your online PayPal account, a linked bank account, or from the PayPal Cash app. But you'll be hit with a 2.9% fee and a 30-cent fixed transaction fee if you make a payment with your PayPal credit, debit, or credit card.
Does PayPal charge a fee to receive money from a friend? ›
We've stated that the standard PayPal fees for receiving money are 2.9% + $0.30 if both accounts are from the U.S., or 4.4% + $0.30 if the client's account is from another country. In these cases, the customer doesn't have to pay any fees, even if their account is from another country.
Why are PayPal fees so high? ›
Most of the fees charged by PayPal are for merchants using its platform. In these cases, PayPal is offering its services as a payment gateway to merchants, to help customers enjoy a smooth checkout experience. Other fees charged by PayPal exist to cover operating expenses and generate profit.
How do I pass a PayPal fee to a customer? ›
To turn on Passing fees, start by going to Settings and hitting Payment Info. From here, hit Method under the Payment Processing Fee header. You will have the option choose between Surcharge and Mark-up. Toggling either of these settings will affect all future invoices.
Ban on surcharges
Businesses cannot impose any surcharge for using the following methods of payment: consumer credit cards, debit cards or charge cards. similar payment methods that are not card-based (for example, mobile phone-based payment methods) electronic payment services (for example, PayPal)
Can you ask a buyer to pay PayPal fees? ›
Can the buyers pay the fees? No. We always charge Seller Profile transactions to the seller. For additional information on fees, refer to our site for more information.
How much is the charge for PayPal transaction? ›
As we said before, the standard rate for each transaction made using PayPal is 2.9% plus 30 cents. This may seem hefty enough as is. However, if your business experiences significant growth and processes a staggering number of transactions regularly, it may come to feel even more burdensome.
What are PayPal fees for buyers? ›
Buying is usually free.
PayPal will always provide information at checkout on transactions that include a currency conversion. The currency conversion rate will be displayed each time you send a payment in a non-local currency.
How much is the PayPal fee for $100? ›
PayPal Fee Calculation Formula and Example
Transaction Amount | Domestic Fee | International Fee (Example: UK) |
---|
$10 | $0.30 | $0.44 + £0.39 |
$50 | $1.50 | $2.24 + £0.39 |
$100 | $2.99 | $4.49 + £0.39 |
Does PayPal charge a fee person to person? ›
It's free to send money domestically using your PayPal balance or bank account. Money sent from a credit or debit card will incur a 2.9% transaction fee plus a $0.30 flat fee. International fees apply for money sent abroad. Learn more about our fees here.
Who pays the fees for PayPal seller or buyer? ›
The seller is responsible for all fees for a transaction (not only PayPal but also Square, credit cards, etc.) unless there is an up-front agreement. Once you agreed to accept a PayPal payment, you owned it.
Does PayPal charge users? ›
Sending Money Within the U.S.
If you send money using your PayPal funds, PayPal Cash, or a bank account linked to PayPal, the fee is waived. On the other hand, if you make a payment using your debit or credit card, or PayPal Credit, you have to pay a fee of 2.9% + a fixed fee, depending on the currency.