UK Money Blog | Saving, ISAs, Apps, Calculators, Making Money
More and more UK businesses are using PayPal to process website transactions on eBay, Shopify and bespoke websites. It’s quick, hassle-free and available worldwide. But what is the cost to the business for receiving money in a PayPal transaction? Use this calculator to work out your fees and costs.
How much are PayPal fees in the UK?
- Up to £1,500 per month = 3.4% of transaction value + 20p per transaction
- £1,500 > £6,000 per month = 2.9% of transaction value + 20p Per Transaction
- £6,000 > £15,000 per month = 2.4% of transaction value + 20p per transaction
- £15,000 > per month = 1.9% of transaction value + 20p per transaction
N.B. PayPal does not charge a fee to open a PayPal account.