Paypal account and needs to know fees for business paypal account .

#1
Hi
Anybody have an idea how much needs to pay in business account in paypal.
Is that fees same like personal account or not?
Is that we needs to pay per transaction or monthly /yearly fees.
Is there is any fees for returns.

Thanks
 

daniel-97

Active Member
#2
Anybody have an idea how much needs to pay in business account in paypal.
Paypal doesn't charge monthly fees for business account. They just deduct a percentage from the money you received from customers, depending on your country ➡ https://www.paypal.com/webapps/mpp/ua/useragreement-full#exhibit_A
Is that fees same like personal account or not?
Yes, it is
Is that we needs to pay per transaction or monthly /yearly fees.
Pay per transaction, they will auto deduct it so you won't have to do anything.
Example: Customer paid $50 for your goods. And you live in Viet Nam (I'm using my country to calculate the fee, check the link above for your coutry)
So Paypal's fee for Viet Nam is 4.4% + $0.30. So, they take roughly 5% from $50 = $2.5, you will receive $47.5 in your account when a customer paid. Paypal does all the job, you won't need to do anything.
Is there is any fees for returns.
I haven't had any returns yet as I'm kinda new. But as for what I know, you will bare all the transaction fees. So they will take $50 from your account to return to the customer if they win, and you will lose $2.5
 
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