PayPal raises some fees for US merchants from August 2021

 paypal-increases-merchant-fees-for-us-accounts

The key changes are shown in the table below: 

 PayPal-Standard-rate-for-receiving-domestic-transactions-2021

The standard rate for receiving domestic transaction
Fixed fee for commercial transactions (based on currency received) 

To sum up, compared with the current rate which is 2.9% plus $0.30, online transaction fees will rise to 3.49% plus $0.49. It is not a small gap between 2.9% and 3.49%, as a result, some merchants will choose to leave PayPal and find a solution to work with PayPal competitors such as Stripe or Square. 

However, with a large number of users as well as better seller protection than others, PayPal is still a good long-term solution. 

Check out PayPal related articles: PayPal solution & best practices

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