Payment Amount ($)

PayPal Transaction Type Send/Receive Money for Goods and Services (2.99%) Standard Credit and Debit Card Payments (2.99% + $0.49) PayPal Checkout, PayPal Guest Checkout, Pay with Venmo, All Other Commercial Transactions (3.49% + $0.49)

💸 Send/Receive for Goods and Services: 2.99%

This is the standard fee for receiving payments through PayPal for goods and services. It's a percentage-only fee with no fixed charge. Formula:

Fee = Payment Amount × 0.0299

💳 Standard Credit/Debit Cards: 2.99% + $0.49

When customers pay with credit or debit cards through PayPal, a fixed fee is added. Formula:

Fee = (Payment Amount × 0.0299) + $0.49

🛒 Commercial Transactions: 3.49% + $0.49

Applies to PayPal Checkout, Guest Checkout, Venmo, and other commercial payment methods. Formula:

Fee = (Payment Amount × 0.0349) + $0.49

For Percentage-Only Fees (2.99%):

Charge Amount = Desired Amount / (1 − 0.0299)

For Fees with Fixed Charge:

Charge Amount = (Desired Amount + Fixed Fee) / (1 − Percentage)

💰 $50 Payment

💳 $100 Card Payment

🛒 $200 Commercial

What are PayPal fees for goods and services?

PayPal charges 2.99% for Send/Receive Money for Goods and Services transactions in the US. This is a percentage-only fee with no fixed charge. For a $100 transaction, the fee would be $2.99, leaving you with $97.01. This rate applies to both domestic and most international transactions within PayPal accounts. The fee is automatically deducted from the payment you receive.

How much is PayPal's credit card processing fee?

PayPal charges 2.99% + $0.49 for Standard Credit and Debit Card Payments. Formula: Fee = (Amount × 0.0299) + $0.49. For a $100 payment, the fee is $3.48 ($2.99 + $0.49), leaving $96.52 net. This applies when customers pay with credit or debit cards through PayPal's payment gateway. The fixed $0.49 fee makes it slightly more expensive than the basic goods and services option.

What is PayPal's commercial transaction fee?

PayPal charges 3.49% + $0.49 for commercial transactions including PayPal Checkout, PayPal Guest Checkout, Pay with Venmo, and other business transactions. Formula: Fee = (Amount × 0.0349) + $0.49. For a $100 transaction, the fee is $3.98, leaving $96.02 net payment. This higher rate applies to more advanced payment options that offer better customer experience and conversion rates for businesses.

How do I calculate how much to charge to cover PayPal fees?

To calculate the charge amount that covers PayPal fees: For percentage-only fees (2.99%): Charge Amount = Desired Amount / (1 - 0.0299). For fees with fixed charges (2.99% + $0.49): Charge Amount = (Desired Amount + $0.49) / (1 - 0.0299). Example: To receive $100 after 2.99% + $0.49 fees, divide $100.49 by 0.9701 = $103.51. Always add fees to maintain your profit margins.

Are PayPal fees tax deductible?

Yes, PayPal fees are generally tax deductible as a business expense in the US and most countries. They fall under payment processing fees or credit card processing expenses on your tax return. Keep detailed records of all PayPal fees paid during the tax year - PayPal provides annual statements showing total fees. These fees reduce your taxable income. Consult with a tax professional for specific guidance based on your business structure and location.