Canada Business accepting Europe Payments
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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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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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