![]() Also, PayPal offers various premium accounts that come with monthly fees, different features, and different transaction fees. 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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