PayPal Fee Schedule

Part of the PayPal For Dummies Cheat Sheet

If you have a personal PayPal account you use to send or receive money online, you generally pay nothing to manage your account unless you’re converting foreign currency. If you’re a merchant who receives payments through PayPal or have a premier account, you pay a percentage of your receipts to cover the costs — nothing is totally free, right? The following table shows the PayPal fee schedule:

Activity Personal Account Premier or Merchant Account
Opening a PayPal account Free Free
Sending money Free Free
Withdrawing funds from your account Withdrawing to a US bank is free; the fee for withdrawing to an international bank account varies by country. Withdrawing to a US bank is free; the fee for withdrawing to an international bank account varies by country.
Adding funds to your account Free Free
Receiving funds Free $0.01 to $2,999.99: 2.9% plus $0.30 per transaction
Merchant Discounts:
$10,000.01 to $100.000 — 2.2% plus $0.30 per transaction
Over $100,000: 1.9% plus $0.30 per transaction
Converting from one currency to another 2.5% fee 2.5% fee
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