Consider other payment gateways: While PayPal is a popular payment gateway, there are other options available that may offer lower fees.Offer discounts for non-PayPal payments: To encourage customers to pay with other methods, you can offer a discount for payments made with a credit card or bank transfer.Use PayPal's micropayments feature: If you sell items with a low value (under $10), you can use PayPal's micropayments feature, which charges a lower fee of 5% + $0.05 per transaction.Negotiate lower fees: If you're a high-volume seller, you may be able to negotiate lower fees with PayPal.The fee varies depending on the currencies involved and the conversion rate used. If you receive a payment in a different currency than your primary currency, PayPal will convert the payment to your primary currency and charge a fee for the conversion. PayPal also charges fees for currency conversion. If you issue a refund to a customer, PayPal does not charge a fee, but the original transaction fee is not refunded. For example, if a customer disputes a transaction and requests a chargeback, PayPal charges a $20 fee per chargeback. In addition to transaction fees, PayPal also charges fees for some additional services. Note that PayPal's currency conversion fee may also apply if the payment is in a currency other than your primary currency. (Transaction Amount + Fixed Fee) ÷ (1 – (Percentage Fee/100))Ĭontinuing with the previous example, if you want to receive a total amount of $1,000, you should charge ($1,000 + $0.49) ÷ (1 - (3.49 ÷ 100)), or $1,036.67. What to ask for to receive your full desired amount (Transaction Amount x (Percentage Fee/100)) + Fixed Feeįor example, if you are receiving a domestic invoice payment of $1,000, the PayPal fee would be ($1,000 x (3.49 ÷ 100)) + $0.49, or $35.39. To manually calculate PayPal fees manually, use the following formulas: Simply enter the transaction amount, whether the payment is domestic or international, and the type of transaction (online, in-person, or international) to see how much you’ll be charged by PayPal. To calculate PayPal fees for a given transaction, use our PayPal fee calculator tool. For example, if you're a US-based business owner receiving international payments, PayPal charges a percentage fee of 1.5% in addition to the fees shown in the table above. *Information accurate as of July 11, 2023Īs mentioned earlier, fees can vary based on your location and the currency involved in the transaction.
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