For a Goods and Services transaction, the PayPal transaction fee will be ($100 x 0.0289) + $0.49 = $3.38, and the merchant gets $100 – $3.38 = $96.62.In the case of a charity transaction, PayPal’s total fees will be ($100 x 0.0199) + $0.49 = $2.48, and the nonprofit will receive $100 – $2.48 = $97.52.Let’s do some manual calculations to work out the exact amount: The Goods and Services fee is 2.89% plus 49¢ for each domestic transaction. The standard fee for merchants is 3.49% plus 49¢ per domestic non-American Express transaction, while a charity’s transaction fee starts from 1.99% plus 49¢ per transaction. International transactions cost more for merchants and consumers, depending on multiple factors. Any transaction made through American Express might be discounted. Each product charges a different rate, and some have an additional fixed fee per transaction. You are considered a consumer if you buy something online or offline using PayPal.įor merchants, PayPal offers both online and point-of-sale products. Consumers refer to the customers or buyers, while merchants refer to the sellers or service providers. PayPal serves consumers and merchants (business owners) like any other payment processor. How to calculate PayPal USA transaction fees
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |