Processing fees for payments received

[hsk1]

I do not undersatnd the processing fee for receiving payments from an invoice that I sent. It says 2.9% will be taken from every payment received using paypal plus 0.30 for all transactions. What does this mean? Please explain the 0.30 tranaction fee. and is this only for invoices or for all types of payments received through paypal?

Thanks in advance. 

[kernowlass]

@hsk1

When you sell and accept paypal as your payment processor then you pay 2.9% of the item cost per transaction.

Plus 0.30 is also added to that price. If you have to refund a buyer then your 2.9% is refunded at the same time but paypal keep the 0.30 as a processing fee.

[sharpiemarker]

The 30 cents is the flat rate portion of the PayPal fee and is charged on all goods & services payments via Send & Request, PayPal buttons/email links and invoices, in addition to the 2.9%.

[hsk1]

thank you! So this is with all payment received of any kind correct? There is always a .30 processing fee along with the 2.9% transaction fee? 

[sharpiemarker]

Yep!

[Whac-A-Mole]

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@hsk1 wrote:

thank you! So this is with all payment received of any kind correct? There is always a .30 processing fee along with the 2.9% transaction fee? 

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yes,for overseas transaction,it is 3.9%

[Whac-A-Mole]

if it is friend and family,there is no fee.