Two Types of PayPal Transaction Fees
I received a question from Stary a short while ago.
I just received a payment in USD from France in my Premier Paypal acc & Paypal charged me a fee of 3.9% + USD0.30. Isn’t the usual fee 3.4% + USD0.30?
I apologize for the confusion. In my previous post on “Which PayPal Account Should I Signed Up For?“, I did not elaborate on types of transaction fees. There are 2 types of PayPal transaction fees namely domestic transaction fees and cross border transaction fees.
In Stary’s transaction, the country of his PayPal account is not France. Therefore, PayPal charged according to Stary’s cross border transaction fees. To check your domestic or cross border transaction fees, log into your PayPal account first. You then click on the “Fees” link located at the bottom of the page. Alternatively, you can click on the following links after signing into your PayPal account.
In general, the following are cross border transaction fees for Malaysian PayPal Premier and Business Accounts holders depending on previous monthly sales.
$0.00 USD-$3,000.00 USD ———————– 3.9% + $0.30 USD
$3,000.01 USD-$10,000.00 USD —————— 3.4% + $0.30 USD
$10,000.01 USD-$100,000.00 USD —————- 3.2% + $0.30 USD
> $100,000.00 USD —————————- 2.9% + $0.30 USD
In addition, the following are domestic transaction fees for Malaysian PayPal Premier and Business Accounts holders depending on previous monthly sales.
$0.00 USD-$3,000.00 USD ———————– 3.4% + $0.30 USD
$3,000.01 USD-$10,000.00 USD —————— 2.9% + $0.30 USD
$10,000.01 USD-$100,000.00 USD —————- 2.7% + $0.30 USD
> $100,000.00 USD —————————- 2.4% + $0.30 USD
Take note of the rates above when you receive payments from within your country or overseas. I hope this explanation is satisfactory.
[...] For an explanation on cross border transaction fees, click here. [...]
Hi Malcolm :)
Thank you very much for the explanation. I’m glad u listed out the fees too because I can never open the fees page, whenever I click on the “Fees” link located at the bottom of the page, I get “The page cannot be displayed”.
You’ve been very helpful. Keep up the good work!
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Malcolm:
Thank you. As mentioned, you only visit those pages after you log into your PayPal account. The reason is your fees may be different from your friend’s PayPal fees from another country.