PayPal Here Fees - minimum charge of £1 or no lower limit?

[smudgem]

I have downloaded the PayPal Here app and have the card reader all ready to use for a craft market this Sunday, but need some clarification on the 2.75% fee. I read somewhere there is a £1 minimum fee, yet the PayPal Here website mentions there is just a 2.75% fee to pay on any transaction. For instance if someone uses their Debit/Credit card for a transaction of just £10, then 2.75% fee is 0.275p, however if there is a minimum £1 transaction fee to pay it may not be worth using PayPal Here for transactions say under £20?

I hope someone can help so I don't use PP Here for all transactions to then find I'm being charged a minimum of £1 each time!

Thank you.

[snowshoe]

You would pay 2.75% for every payment you accept with Chip and PIN cards.   Should you swipe the magnetic strip or have to manually entering the card details, the fees are 3.40% + 20p.   If the payer's card or PayPal account is from outside the United Kingdom, there's a standard cross-border fee applied.  (Not sure where you read about the minimum £1 transaction fee.)

[smudgem]

Thanks Snowshoe, that's a great help! Appreciate the swift reply.

[PayPal_Siobhán]

Hi smudgem, 

@snowshoe is right- https://www.paypal.com/uk/webapps/mpp/how-to-use-paypal-here#fees 

I hope you don't mind, I have moved your message to the PayPal Here section as you mind find some of the information here useful going forward!

Siobhán