How to get the lower rate % when you have received over £1500 in 1 month?

sambones
New Community Member

Hi, 

Do I need to do anything to access the lower rate of 2.9% as I have received over 1500 in my account, yet it looks like I am still being charged the 3.4%? 

Thanks 

 

If you receive upto £1500 in your paypal account per month, you will be charged 3.4% and 20p on every payment made into your paypal account, if you received over £1500 in your paypal account, you will pay 2.9% and 20p for every transaction received.

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1 REPLY 1

kernowlass
Esteemed Advisor
Esteemed Advisor

@sambones

 

You need to apply for the lower rate.

 

 

  1. Go to www.paypal.com/uk
  2. Click Fees near the bottom of the page.
  3. Scroll down to the 'Selling with PayPal' section, click Check it out.
  4. Click Merchant rates.
  5. Near the bottom of the page, click 'log in' to log in and complete the application.
  6. Click Submit

Advice is voluntary.
Kudos / Solution appreciated.
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