Canada Business accepting Europe Payments

MSAR1
New Community Member

Because of the current situation I want to accept credit card payments from my clients in Europe, but I am looking at the fees and its not quite clear to me what all I would be paying.  My business in based out of Canada, and I need just online payments, my clients are usually paying in Euros.  Would I be paying the processing fee 3.9% + transaction fee ( 0.35) + currency conversion fee (4%)?  Seems steep for a small business like mine.  Are there any other options out there of just accepting online payments from invoices that would be more cost effective?  Thanks, 

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1 REPLY 1

Jadz4u
PayPal Employee
PayPal Employee

Hi @MSAR1, for the receiving fees, more info can be found here: https://www.paypal.com/ca/for-you/fees

Its also a good option to receive the payment for your business under your own currency so that you wouldn't have to go through currency conversion. I hope this helps! Thank you!

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