Please remember that not only people, vendors, merchants and all recipients of the payment are charged fee or commission on PayPal Canada. Indeed, when you pay a merchant, it is not you, the buyer, who must pay for the Paypal fees directly.
Paiement amount * (Paypal rate/100) = Fees amount from percentage
Paiement amount – Fees amount from percentage – Fees amount from fixed fee = Amount after Paypal fees
In Canada, Paypal offers digressive rates based on the amount of monthly sales
|Monthly sales on Paypal||Paypal commission on each transaction|
|from 0$ to 3000$||2,9% + 0,30$|
|from 3000,01$ to 12 000$||2,5% + 0,30$|
|from 12 000,01$ to 125 000$||2,2% + 0,30$|
|from 12 000,01$ to 125 000$||1,9% + 0,30$|
The most common rate is 2.9% + $ 0.30.
Paypal offers discounted transaction rates for conformed nonprofit organizations, not matter the amount of the transaction. There are no extra fees for setup, statements, withdrawals, or cancellation. You only have to pay when you start receiving charity. The cost to you is as low as 1.6% plus $0.30 for every donation.
When any organization qualifies for micropayments pricing and the funds you are receiving come from a PayPal account, then you have to pay 5.0% + $0.05 / transaction.
It’s free to buy something with PayPal unless it involves a currency conversion.
Being a Canadian citizen and sending money from Canada to someone with a Paypal account in Canada, a person has to pay the fee depending on how the person pays.
If you pay with your PayPal balance or a bank account linked to your PayPal account then the transaction is free.
If you are paying through Paypal using your credit card or visa debit card then you have to pay 2.9% + fixed fee based on the currency