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PayPal fees make no sense ?

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Div2
New Community Member
Posted on
Why, oh why would PayPal fees be proportionate to the transaction amount? The fees are extortionate. Surely it should relatively flat and/or at least capped. So frustrating being ripped off
1 REPLY 1

PayPal fees make no sense ?

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sharpiemarker
Esteemed Advisor

@Div2 

 

That’s how it’s always been. A variable % portion and a fixed rate portion. It’s still cheaper than bank wire transfer. You can get a cheaper rate by getting a merchant account for businesses transactions. Otherwise, these prices are for payment processing at the retail consumer level.

 

Use this calculator:

https://www.salecalc.com/paypal


Kudos & Solved are greatly appreciated. 🙂

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