Quick question... Are there fees for paypal?? If so How much and what are they?

Hondo

What do you need to set a paypal account up??


Thanks in advance

ScoutDawg

I have paypal
you need a credit card or checking accout both is better gives you better looking record
there are very very small fees if you get money from it but its minimal
I like it alot for buying on ebay

Hondo

Thanks Scout I appreciate it

biggjc

Fee if PayPal Preferred

Standard Rate 2.9% + 30¢ 1.4% + 30¢

Merchant Rate 2.2% + 30¢ 0.7% + 30¢






fees are calculated by subtracting 1.5% debit card cashback from the Standard and Merchant Rate fees.

eCheck payments have a maximum fee of $5.

There is an additional 1% fee for payments received from a user in another country. This fee is currently waived for Canadian sellers receiving payments from U.S. buyers.






Compare PayPal with Others Personalized
eBay Fee Calculator


Fee Fee for $100 Payment

PayPal Merchant Rate 2.2% + 30¢ $2.50

Billpoint Merchant Account 2.25% + 35¢ $2.60

PayPal Standard Rate 2.9% + 30¢ $3.20

Billpoint Standard Account 3% + 35¢ $3.35

Average Merchant Account Starts at 3.5% + 30¢
+ Setup and Monthly Fees $3.80 + $10/month

CC Now 9% $9.50



Fee comparisons are based on credit card payments over $15. Billpoint's fee includes a mandatory 0.5% withdrawal charge. (PayPal does not charge for withdrawals to a U.S. bank account.)

Hondo

now that is a big help thx biggie I think I will pass on paypal account for now

cranejoshua

please note, as a buyer you pay no fees. it is ideal for paying for auctions, and plus you have some recourse if the deal goes bad. i love paypal, and use it as often as i can.

biggjc

Anytime That is the fee for receiving payment's.And it is true it's a big help for paying for acutions