I am based in the UK and want to understand what the fees will be for a simple same country transaction. Invoice sent via link and paid by the user using credit card, the person may or may not have a Pay Pal account. From the Merchant Fees Page we have the following:
Card funded payment from a user of our Terms for Payments without a PayPal account 1.20% + Fixed Fee QR Code Transactions – 10.01 GBP and above 1.50% + Fixed Fee QR code Transactions – 10.00 GBP and below 2.00% + Fixed Fee All Other Commercial Transactions 2.90% + Fixed Fee
I can ignore the QR code as I am not using that, from the above am I right in assuming if the individual does not have a Pay Pal account the fee I will pay is 1.20% + Fixed Fee. However, If the individual has a Pay Pal account the fee will be 2.90% + Fixed Fee, this feels wrong to me but would like to understand if my assumption is right or wrong.
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