If you process at least $3,000 per month, you may apply for a PayPal merchant rate, which may reduce your processing fees. Additional fees are charged for accepting payments in other currencies. ![]() For transactions at your store, the charge is 2.7% for funds from the U.S., and 4.2% for funds from another country, plus the flat fee.For funds coming from other countries, the fee goes up to 4.4%, plus a flat fee that varies based on the currency used.For online transactions, PayPal charges 2.9% of the transaction amount, plus a flat fee of 30 cents, if the funds come from within the United States.For PayPal online payment, your website can have a checkout button for PayPal.Īs with any payment processing company, there are fees for processing business transactions through PayPal: You can accept credit card payments through PayPal even if you don't accept PayPal itself as a payment option for your customers. There are no monthly fees, setup fees, or cancellation fees and there are no minimum processing requirements. PayPal can also process payments made with major credit and debit cards. Many people, especially those shopping online, prefer to pay using PayPal. Using a PayPal business account, you can accept online payment via PayPal, as well as in your store or business office, through a mobile card reader, and by phone. Your business can accept payments for goods and services through PayPal. There is no charge to set up a PayPal business account but there are fees associated with many of the business account features. Setting up a PayPal business account enables you to take advantage of several features not available with a PayPal personal account. ![]() ![]() Since PayPal has become one of the world's largest online transaction service company, you are probably wondering if you should open a PayPal Business Account for your company.
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