How Is PayPal Fee Calculated?
PayPal fees are usually a mix of a fixed fee and a percentage of the transaction amount. For domestic transactions, it's typically 2.9% plus a fixed fee based on the currency. International transactions carry a higher percentage, and currency conversions add extra fees. Check PayPal's official website for the most current rates.
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I've been using PayPal for years, and the fees can get slightly different based on the type of transaction and country. For instance, sellers also have to factor in additional percentage fees for cross-border transfers. Always make sure to check PayPal's fee calculator for up-to-date info!
Honestly, it's a bit complicated. Just assume they'll take a small cut of every transaction, and you won't be surprised!
They take a flat rate + a percentage. For US transactions, it鈥檚 2.9% + $0.30 per transaction. For other countries, it's different.
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