In order to calculate PayPal fees, you will need to know the amount you are transacting via PayPal, the type of merchant account you have with PayPal to process the payments, where the person who is paying you is located (this will determine whether to apply domestic or international PayPal fees) and in which country you or your business is located.
In this case, we use the example of a person living in Australia is getting paid from another person living in Australia.
The PayPal fee for $100 would be $3.20. The PayPal Fee is made of 2.9% of $100 which is equal to $2.9 plus the PayPal fixed fee which is $0.30 .
Here are the PayPal fees for domestic transactions:- 2.9% of the transaction value if the recipient is based in the UK
- 3.4% of the transaction amount if the recipient lives outside of United Kingdom
- A fixed fee is also payable which is based on the received currency
For PayPal accounts registered in some other countries the percentage PayPal charges will change based on the value of commercial transactions received. In general, the more you receive via PayPal, the lower your rate becomes.
Sounds complicated? If you want to use our PayPal Fees calculator to do the maths for you, get it here.
PayPal Selling Price Calculator
How to Calculate PAYG and About This Website:
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Frequently Asked Questions about Calculating Paypal Fees
How much doe PaylPal charge me to receive money?
You may wonder how much are paypal fees. PayPal has a set 3.49% processing fee in place as well as a $0.49 per transaction on top. It means the more you transfer, the more you will pay out in processing fees. No matter how much you decide to send, this fee remains. The reason for the additional $0.49 fee, is because for some smaller amounts sent, for example if a client owed you just $1, the fees would be marginal. This isnt PayPal attempting to make more money from customers, its more a case of the company trying to persuade customers to avoid sending smaller transactions.
How should I use the PalPal Fee Calculator?
When you know how much youll receive, enter the figure into the paypal fee calculator to determine the online transaction processing fee amount. Once you have inserted how much you want to receive, our paypal calculator will work out how much you should bill the client in order to be paid your rate and cover the PayPal processing fees.
This will allow you to bill your client with the exact amount you wish to be paid after the fees are deducted. Theres no need to do complicated calculations, so you can just enter in how much you want to be paid, and our paypal fee calculator will take care of the rest.
How do you calculate the You Should Ask For amount?
We take your original invoice total and add in the PayPal processing fee (3.49% + $0.49 per transaction). If you choose for your client to cover the cost of this processing fee, this number reflects the total amount you should invoice. Once you have the You should ask for value, this is how much you will charge the client.
You might notice that the value given out is slightly more than how much PayPal charges in the original instance. The reason for this, is that when you add the processing fees charged from the original calculation there will also be processing fees on the added extra. You will have to add on slightly more than just the processing fees from the original amount. Our calculator carries out the extra calculation needed to cover all processing fees, allowing you to charge your rate without any issues.
Do you have any other calculators I can use?
Yes! An online PayPal invoice calculator is an easy-to-use tool that helps freelancers get the information they need quickly. Check our Time Card Calculator, our Working Days Calendar Calculator, and our Stripe Fee Calculator. All of these will speed up your working day by removing unnecessary calculations and giving you instant answers.
Its not just a case of giving you more time to carry out work, but our paypal calculator removes any margin of error. It means you dont have to worry about mistakes costing you money, so just use our calculators, so you can run your business efficiently. Whats not to like? It makes it easy for you to carry out your work.
Do you have any other calculators I can use?
Yes! An online PayPal invoice calculator is an easy-to-use tool that helps freelancers get the information they need quickly. Check our Time Card Calculator, our Working Days Calendar Calculator, and our Stripe Fee Calculator. All of these will speed up your working day by removing unnecessary calculations and giving you instant answers.
Its not just a case of giving you more time to carry out work, but our paypal calculator removes any margin of error. It means you dont have to worry about mistakes costing you money, so just use our calculators, so you can run your business efficiently. Whats not to like? It makes it easy for you to carry out your work.
