PayPal Fee Calculator

The “PayPal Fee Calculator” tool is a handy application that allows users to calculate the fees associated with PayPal transactions. By entering the payment amount, the tool applies the appropriate fee rate and a fixed fee to provide an accurate estimate of the total fees incurred.

PayPal Fee Calculator

PayPal Fee Calculator Tool

Requirements:
– Add your payment amount in US dollars below to calculate your PayPal processing fees.
– PayPal charges 2.9% of the total plus a flat $0.30 for a typical domestic transaction in US dollars using a card as of February 2021.

How Much Does PayPal Charge?

PayPal can vary depending on several factors, including the type of transaction, the currency used, and whether it is a domestic or international payment. It’s important to note that PayPal’s fee structure can change over time, so it’s advisable to refer to PayPal’s official website or contact their customer support for the most up-to-date information on their fees.

However, as an example, for a typical domestic transaction in the United States using a card, PayPal charges a fee of 2.9% of the total transaction amount, plus a fixed fee of $0.30 per transaction. These rates can vary for international transactions and transactions involving different currencies.

How to Calculate the PayPal Fee?

Total Fees = (Transaction Amount × Fee Rate) + Fixed Fee

Here’s a breakdown of the formula:

  • Transaction Amount: The total amount of the payment or transaction.
  • Fee Rate: The fee rate charged by PayPal, expressed as a decimal. For example, 2.9% would be 0.029.
  • Fixed Fee: A flat fee charged by PayPal for each transaction.

To calculate the total fees, multiply the transaction amount by the fee rate, and then add the fixed fee.

For example, let’s say you have a transaction amount of $100, and the PayPal fee rate is 2.9% with a fixed fee of $0.30:

Fee Rate = 0.029 Fixed Fee = $0.30

Total Fees = ( $100 × 0.029 ) + $0.30 Total Fees = $2.90 + $0.30 Total Fees = $3.20

So, in this example, the total PayPal fee for a $100 transaction would be $3.20.