What are Paypal sales fees?
According to the Paypal website, sales rates depend on several factors such as: national commercial transactions, international transaction, advanced credit and debit card payments, Paypal Cash and Cash Plus, Paypal Here, Pro / Direct Payments, Virtual Terminal, Payflow, Mass Payments, micropayments, currency conversion, and transfers out of Paypal.
– National Commercial Transaction (Dollar):
Rate: 2.90% + Additional percentagem (informed in the website table: https://www.paypal.com/us/webapps/mpp/merchant-fees)
– International Commercial Transaction:
Rate: 2.90 % + Additional percentagem (informed in the website table: https://www.paypal.com/us/webapps/mpp/merchant-fees)
– Advanced Credit and Debit Card Payments (Dollar):
Rate: 2.90% + Additional percentagem (informed in the website table: https://www.paypal.com/us/webapps/mpp/merchant-fees)
Other fees for advanced credit and debit cards:
– If Paypal finds that you receive a considerable number of complaints, chargebacks or other risk components. Paypal can increase percentages with 30 days notice
Rate: Up to 5.00% per transaction
-Express Checkout
– If you do not perform Express Checkout. The percentage of your transaction fees may increase after 30 days’ notice.
Rate: 1.00% per transaction
-Paypal Cash and Cash Plus:
Rate: For more information see https://www.paypal.com/us/webapps/mpp/ua/cashagreement-full?locale.x=en_US
-Paypal Here:
Card Present Transactions (National): Rate 2.70%
Keyed Transactions (Dollar): Rate 3.50% + 0.15
Card Present and Keyed Transactions (International): Addittional percetagem 1.50%
– Pro / Direct Payments:
US Transactions:
Rate: 2.90 % + fixed fee
Note: The fixed fee is informed in the table through the link: https://www.paypal.com/us/webapps/mpp/merchant-fees#Pro_VT_fixed-fees
American Express Transactions:
Rate: 3.50 %
– Virtual Terminal
US Transactions:
Rate: 3.10% + fixed fee
American Express Transactions:
Rate: 3.50 %
The receipt of international transactions using Pro / Direct Payments and VT applies the same rate for international business transactions plus the 1.50% rate.
– Payflow:
Payflow Pro transaction:
Rate: 0.10 USD
Payflow Link transaction:
Rate: 0.10 USD
– Mass payments:
US Transactions and Other International Mass Payment:
Rate: 2% of total transaction amount not exceeding the maximum fee cap table value below in the link: https://www.paypal.com/us/webapps/mpp/merchant-fees#maxfeecap
When using the Payouts API:
Fixed rate see table: https://www.paypal.com/us/webapps/mpp/merchant-fees#maxfeecap
– Micropayments:
Transactions US:
Rate: 5% + micropayments fixed fee (chart= https://www.paypal.com/us/webapps/mpp/merchant-fees#maxfeecap)
International micropayments:
Rate: 5% + 1,50% + micropayments fixed fee
– Currency Conversion:
Payment for goods or services in another currency and sending money through Payouts or Mass Paypal in a different currency:
Rate: 4% or other amount disclosed to you.
Other transactions:
Rate: 3% or other amount disclosed to you.
– Transfers out of Paypal:
Bank Account (Local Account):
Rate: No fees (When there are no currency conversions)
For more information access: https://www.paypal.com/us/webapps/mpp/merchant-fees
Therefore, it is important to analyze the values of the courses and the fees charged, so that your school has good financial planning and achieves good results.
We hope this article has been helpful for you to create your online courses on Coursify.me.
Any question we are available.
Articles in this section