PayPal Fee Formula:
From: | To: |
This calculator helps determine how much money the receiver will actually get after PayPal deducts its fees from the sender's amount. It's useful for planning transactions and understanding net amounts.
The calculator uses a simple formula:
Where:
Explanation: The equation subtracts PayPal's fees from the total amount sent to show what the receiver will actually receive.
Details: Understanding the net amount helps both senders and receivers plan transactions accurately, especially for business payments or when sending exact amounts is important.
Tips: Enter the total amount being sent (including fees) and the PayPal fees in USD. Both values must be positive numbers.
Q1: How are PayPal fees determined?
A: Fees typically range from 2.9% + $0.30 per transaction for domestic payments, but vary by country and transaction type.
Q2: Can I make the sender pay the fees?
A: Yes, you can choose to have the sender pay the fees (which means they'll send more to cover them) or have the fees deducted from the receiver's amount.
Q3: Are there different fees for international transactions?
A: Yes, international transactions usually have higher fees (typically 4.4% plus a fixed fee based on the receiving country).
Q4: How can I reduce PayPal fees?
A: For frequent transactions, consider PayPal's merchant rates or explore alternative payment processors with lower fees.
Q5: Are there any hidden fees?
A: Currency conversion may involve additional fees if the sender and receiver use different currencies.