This PayPal Fees Calculator helps users estimate the fixed and percentage fees for domestic and international transactions, allowing them to understand the total fee, net amount received, and the effective fee rate based on the payment amount and currency selected.
Paypal Fees Calculator
Use Our Paypal Fees Calculator
Step-by-Step Guide to Using the PayPal Fees Calculator
Understanding the Inputs
This PayPal Fees Calculator helps users determine the specific fees involved in processing a payment transaction based on different payment types and currencies. Follow these steps to calculate your PayPal fees.
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Payment Amount:
Start by entering the amount for which you wish to calculate PayPal fees. The input field requires a numeric value that is greater than or equal to $0.01. Make sure the amount is entered correctly to avoid calculation errors.
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Payment Type:
Select the type of payment. You have two options:
- Domestic Payment: This option is applicable if your payment is within the same country.
- International Payment: Select this if the payment involves parties from different countries.
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Currency:
Choose the currency related to your transaction. Available options include:
- US Dollar (USD)
- Euro (EUR)
- British Pound (GBP)
Understanding the Outputs
Upon entering the required information in the input fields, the calculator will provide the following calculated fields:
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Fixed Fee:
The calculator applies a fixed fee depending on the payment type. For domestic payments, the fixed fee is $0.30, while for international payments, it is $0.50. This fee calculation will be displayed in USD currency with two decimal places.
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Percentage Fee:
The percentage fee is computed based on the payment amount and the selected payment type. For domestic transactions, the fee is 2.9% of the payment amount, whereas, for international transactions, the fee is 4.9% of the payment amount.
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Total Fee:
This is the sum of the fixed fee and the percentage fee. It represents the total cost to you for the transaction before netting off the amount you will receive.
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Net Amount You’ll Receive:
This represents the final amount that will be deposited into your account after deducting the total fees from the original payment amount.
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Effective Fee Rate:
This calculates the percentage of the payment amount that goes towards fees, giving you a better understanding of the cost involved in the transaction.
Refer back to this guide whenever you need precise calculations of PayPal fees to ensure transparency and accuracy in your transactions.