FREE Paypal Fee Calculator
If you are using PayPal, you must know the PayPal fee against every transaction you make. And for that, you can use a PayPal fee calculator, which will help you recover losses by determining how much you need to charge to earn the money you actually deserve.
What are PayPal Fees?
PayPal provides the customer with a secure, convenient, and easy-to-use payment option across the world. There are plenty of ways to pay, which include bank accounts, credit cards, or the PayPal Smart Contact. So, what about the PayPal fees?
It will not cost you any fee to open a PayPal account or download this app. Although you need to pay PayPal fees in the following conditions,
- If you get a payment from any purchase
- If you send any payment using credit or debit cards
- If you transfer any payment from PayPal to credit or debit cards. Although if you move to a bank account, that will be free.
Note: There is no need to pay a cent for the receiver and sender if they choose the “friends or family option” in PayPal. Although you must know some fees will be charged if the payer uses debit or credit cards. Additionally, if you use the platform for receiving donations from non-profit organizations, you will pay lower fees.
How much are PayPal Fees?
Here in this part, we will discuss the different kinds of fees you have to pay when you make any transaction through PayPal.
For the goods and services
If you run an e-commerce store and perform the transaction via PayPal, in that case, the merchant has to pay some fees. Although, buyers don’t have to pay anything.
The standard domestic merchant fee
It will be charged to the sellers when they sell any product to US customers.
Here is the fee : 2.9% + $0.30 per transaction
The amount will vary if you are in a different country. To know the exact fee, you can Google it by searching PayPal merchant fee and the location you live.
International Merchant fee
You have to pay extra when you make your payment internationally. It means having two accounts in different countries.
The fee is: 4.4% of the transaction amount + fixed fee
The 4.4% figure is the result of an additional 1.5% fee for receiving the amount from a different country over and above the standard 2.9% user fee.
There are some other rules as well that may differ upon the location you live. You can check out the PayPal user agreement to know the details.
Fees for currency conversion
If the transaction requires any currency conversion, it will charge you some extra.
The currency conversion fee: PayPal uses a retail exchange rate + a currency conversion rate of 4.5%.
How To Calculate PayPal Fees?
Calculating the PayPal fees is not tedious work, and you can follow some simple ways to get the results. All you have to do is access a PayPal fee calculator and deduce the result by following some simple steps mentioned below,
- First, access a PayPal fee calculator
- Next, you will see a box where you can put the amount
- Now, click on the ‘calculate fee option, and the total fees will appear below it
By using this tool, you can calculate the entered amount, and the calculator will show you the PayPal fee against it within a minute. It will also measure the amount the receiver should ask for or the payment he/she will receive after subtracting the PayPal fee.
What is a PayPal Fee Calculator?
PayPal is one of the most reliable online payment methods by which you can send and receive money worldwide quickly and conveniently. Whenever you make any transaction with the PayPal calculator, the user needs to pay a commission for that. In most cases, users don’t know how much they have to pay PayPal to make any transaction.
A PayPal fee calculator is a web-based tool designed to measure the extra fee that will be charged for every transaction you make. With this tool, you can determine how much money you will get after deducting the PayPal fees. And the best part? This tool will display the exact amount charged by PayPal without depending on any type of manual calculations.
How To Use eComBusinessHub’s PayPal Fee Calculator?
The PayPal fee calculator is one of the most common tools used by e-commerce businesses daily. Business owners sometimes find difficulty in pricing their products as PayPal charges fees for every online transaction.
With the help of eComBusinessHub’s PayPal calculator, you can determine the amount that PayPal will deduct for all transactions. By estimating the cost of your products in advance, you will not incur any charges.
How to use it
The eComBusinessHub’s PayPal calculator is simple to use and will give you result within a minute. All you have to do is— enter the amount in dollars and click the calculate button to get the result. You can also delete the entered amount by clicking on the reset button.
Is PayPal Fee Calculator Free To Use?
Yes, this calculator is free of cost, and you can use it whenever you want. It is the best tool for marketers if they want to check the extra charge for using PayPal in a quick and convenient way.
Why Is A PayPal Fee Calculator Important?
Whenever you look for a PayPal fee calculator, you will find plenty of platforms online that come with the service to use this tool for free. This tool comes with some advanced algorithms that are beneficial for users to calculate PayPal goods and services fees.
So, let’s take a quick look at the importance of using the PayPal fee calculator in the below section,
1. Provides you with accuracy
Manual calculations sometimes come with errors and mistakes. But by using the PayPal fee calculator, you don’t need to get worried about that. It will not provide the user with an estimated result but a 100% accurate PayPal fee you have to pay against the amount.
2. Come with automated calculation
The PayPal fee calculator works on the basis of an advanced algorithm. With this tool, you are able to calculate PayPal’s goods and services fees automatically for any given amount. And the best part? No need to install this calculator on your device.
3. Offer user-friendly interface
One of the best things about using this tool is—it offers the user an easy-to-understand calculating section and a smooth interface so that the user will not face any trouble while using it. Moreover, you can use it and experience the same level of service whether you use it on a computer or smartphone.
4. Help you to save money
Businesses can use PayPal’s fee calculator to determine the extra cost their customers need to pay for products, and they can increase their prices rather than take on the fee themselves. Moreover, using the PayPal fee calculator is totally free of cost. You don’t have to buy any premium account and can use this tool to do unlimited calculations.
5. Saving time and effort
You will waste a lot of money when you do the calculation manually to check the PayPal fee. But by using this advanced tool, you can check fees for multiple transactions within a minute. Additionally, you don’t have to worry about accuracy with this calculator.
6. Easy to access
It is a web-based tool you can use from anywhere you want— so you don’t have to worry about accessibility. All you have to do is make a connection between your device with the internet, and you are all set to get an accurate result.