PayPal is a company based in Palo Alto, California that is engaged in the business of online money transfer and payment. Owned by e-commerce giant eBay, the company was founded in 1998 as Confinity. In 2000, it was merged with another financial services firm,

In 2002, it became a public traded company. eBay would later acquire it for $1.5 billion. It is estimated that 70% of auctions on eBay accept payments via PayPal, and that 25% of closed auction listings were made through PayPal.

PayPal is widely considered as the top brand in online payment solutions. It has more than 154 million accounts globally, and is available in 24 currencies and 190 markets. It has also been a recipient of countless awards for excellence like the Best Financial Services site from the Webby People’s Voice Award.

Below are the latest PayPal fees.


Buying Fees

Buying online or in stores$0.00

Selling Fees

Sales within the US2.9% + $0.30 per transaction
PayPal balance or bank account$0.00 within US
Debit/Credit card fee2.9% + $0.30 per
Outside the US0.5% to 2% bank account or
3.4% to 3.9% if paying with
a credit or debit card

PayPal Merchant Fees

PayPal Payments Standard$0.00
PayPal Payments Advanced$5.00
PayPal Payments Pro$30.00


Per Transaction
Volume Discounts
$0 to $3,0002.9% + $0.30
$3,000+ to $10,0002.5% + $0.30
$10,000+2.2% + $0.30
Nonprofit Discounts
$0 to $100,0002.2% + $0.30

PayPal Here™

Swipe and PayPal Mobile Check-ins2.7%
Typed and scanned transactions3.5% + $0.15

Accept Credit Cards by Phone

Virtual Terminal$0.00 setup
3.1% + $0.30/per


Per Transaction
Volume Discounts
$0 to $3,0003.1% + $0.30
$3,000+ to $10,0002.7% + $0.30
$10,000+2.4% + $0.30
Pricing for Add-On Services
Advanced Fraud Management Filters$20 monthly +
$0.05 per transaction
Account Monitoring$29.95 setup +
$19.95 monthly

Connect to an Existing Merchant Account

Payflow Link$0.00 setup
$0.00 monthly
$0.10 per transaction
Pricing for Add-On Services
Recurring Billing$10 monthly
(no additional cost
per transaction)
Advanced Fraud Protection$10 monthly +
$0.05 per transaction
Buyer Authentication$10 monthly +
$0.10 per transaction

Additional Fees

International Sales1.0%
Chargeback Fee$20.00
Uncaptured Authorization$0.30
Card Verification Transactions$0.30
Refund Fee$0.30
American Express© card usage fees3.5%

How to Use

PayPal can be used to pay for any product or service online. It is also used to send money or accept payments online.

In order to use PayPal, you would need to open a PayPal account. Signing up for a PayPal account is free. It, however, requires you to have an e-mail address.

You can choose from three account types—Personal, Premier, and Business. The difference amongst the three account types is that the Personal account has limited eBay tools and merchant services. Likewise, the Business account is the only one that accepts multiple user access.

An e-mail would be then sent to your inbox, and you need to click on the link in the e-mail to activate your account. Once you have activated your account, you can shop and make payments, send money, and receive payments using PayPal.

PayPal Fees

There are no fees charged to your account when you pay for any good or services within the United States. However, PayPal charges fees in other cases like payment for goods and services outside of the United States, receiving money for goods and services, and sending or receiving money from friends and family members using a credit or debit card.

You’ll receive an e-mail notification every time you make a transaction on PayPal, like making a payment for any product you bought online or receiving money from a friend or family member.

To withdraw the money, you need to link up your bank account to your PayPal account. You can pay using your credit or debit card. If you don’t have a bank account or credit card, you can use Moneypak to add money to your PayPal balance. You can then use the money to pay for purchases or send money via PayPal. Check the table above to find the latest PayPal fees.


paypal feesUsing PayPal has numerous benefits. One is that all your sensitive financial details are protected, as PayPal encrypts financial information so you are the only person who can see your remaining balance and other data.

It is also easy to pay for online purchases or send money using PayPal, as the website stores your billing and personal information. Thus there is no need to type out these details every time you make a purchase.

For more information on PayPal and PayPal fees, visit their official website.

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