So PayPal debits the total amount of the sale from your account to return to the buyer. Well, you can’t very well penalize your buyer for the fees you paid for the convenience of using PayPal. But now your buyer wants to return the merchandise for a refund. PayPal processed the transaction and deposited the purchase price into your account, less their fees. On Returns: Your buyer made a purchase and paid for it through his PayPal account. When you use a PayPal Here card reader you pay 2.7% when you swipe a credit card at time of purchase, or 3.5% + $0.15 is you manually enter the credit card information. PayPal also offers a card reader for sellers who want to be able to accept PayPal transaction on-the-go. International sales: a fixed fee based on the currency received for the sale, + 3.9% per transaction 2.ĝiscounted rated for volume: As low as 2.2%.1.ğor sales within the US: 2.9% of the sale + $0.30 per transaction.On Sales: Like any other fee charged for a service, these numbers do change, but at the time of this writing, PayPal’s fees for a basic US business account are listed as follows: For the purposes of this article we will only discuss in overall terms the basic fees for their basic business merchant account. What Are PayPal’s Fees?īefore we can answer that question, you must understand that PayPal serves several different purposes and so they offer several different kinds of plans. The amount deposited into your PayPal is the total you receive from the sale. There are no monthly statements or other service fees. Before the money is transferred to your PayPal account, PayPal takes a fixed fee per transaction and a percentage of the total amount of the sale. So when a buyer makes a purchase and opts to pay for it from his personal PayPal account, there is no charge to him for this portion of the transaction. Much like a traditional merchant account provider, PayPal’s services are free for your buyer. But most businesses owners will agree that these fees are actually a small price to pay in order to offer this convenient payment option to their customers. Like any merchant account, PayPal does charge a fee to the seller for this service. PayPal is a full-service, internet merchant account service specifically designed to allow you to process credit card payments on-line. How Much Does PayPal Charge To Process Credit Card Sales? What Happens If I’m Not EMV Ready By The October Deadline?.What Is The Difference Between Debit Cards and Credit Cards?.How Do I Understand The Interchange Fee Schedule for MasterCard?.How Can I Accept Gifts Cards For My Business?.What Is The Best Credit Card Processor For A Small Business?.What Is A Merchant Category Code (MCC)?.Why Do Processing Companies Charge Early Termination Fees (ETF)?.How Much Does PayPal Charge To Process Credit Card Sales?.How Do I Get Out Of My Merchant Account Agreement?.Why Does American Express Cost So Much?.How Do I Understand The Interchange Fee Schedule For Visa ?.How Long Does It Take To Receive My Money?.What Should I Look For In A Credit Card Processor?.What Will It Cost Me To Accept Credit Cards?.Why Are Debit Card Rates Cheaper Than Credit Card Rates?.What Is The Wholesale Rate For Credit Card Processing?.How Do I Accept Credit Cards For My Business?.What Is Required To Get A Merchant Account?.Can I Accept Foreign Issued Credit Cards?.
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