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Effective July 28, 2022, the seller fee for Goods and Services payments will be 2.99% per payment received, currently 2.89% + $0.49. This change simplifies pricing and should result in lower fees for more than 90% of Goods and Services payments made on PayPal. Eligible Goods and Services payments are covered by PayPal’s comprehensive Purchase Protection, guarding buyers and sellers in case something goes wrong with a purchase. Effective July 28, 2022, PayPal will remove the Friends and Family option for domestic payments to U.S. business accounts, and all received payments will be subject to the seller fee. This will ensure all eligible purchases are covered by PayPal’s comprehensive Purchase Protection, guarding buyers and sellers if something goes wrong with a purchase. You can create a personal account to receive personal payments without seller fees while continuing to use your business account to receive commercial payments and use business only features. |