What are the transaction fees charged by PayPal?
PayPal does not have a setup fee but there will be transaction cuts charged by per order as follows:
1. For the first £1,500 in transactions per month, fees are 3.4% of the amount + 20p;
2. From £1,500.01 - £6,000 per month, fees are 2.9%* of the amount + 20p;
3. From £6,000 - £15,000, fees are 2.4%* of the amount + 20p;
*You can apply for these Merchant Rates if you’ve received more than £1,500.00 GBP in PayPal payments in the previous calendar month. If you’re eligible for these Merchant Rates, log in to your PayPal account and apply via the online form.