Foreign Exchange fee PayPal charges 2.5% on the transaction value for any item priced and sold in a foreign currency. The "fixed fee based on the currency received" refers to the Foreign Exchange fee outlined below. We make the assumption that Australian-based PayPal account holders will want to use the platform to "sell on website, through invoice or email payments overseas" and thus this fee base applies. uses an Australian or American credit card, as the value of the good/service is priced in Australian Dollars).ġ. Transaction fee PayPal charges a standard 3.9%per transaction, plus a "fixed fee based on the currency received". Your fees will not change if your customer pays with a foreign currency card (i.e.To minimize fees, it is best to wait for your PayPal balance to reach AU$150 before withdrawing any balances to avoid the AU$1.00 fee.We believe fees of around 4-5% are acceptable for a solution with no ongoing monthly/annual fees or setup costs. PayPal fees, as a percentage of the sale value, fall significantly the greater value of the transaction.Balance remaining in PayPal account = AU$22.70 Total PayPal Fees: AU$2.30, or 9.2% of the transaction value Conclusion and Recommendations: Balance remaining in PayPal account = AU$23.70 Bank Transfer fee: AU$1.00 as because AU$23.70 falls below the AU$150 threshold for free transfers. Balance remaining in PayPal account = AU $95.15 Total PayPal Fees: AU $4.85, or 4.85% of the transaction value 2. Balance remaining in PayPal account = AU$96.15 Bank Transfer fee: AU$1.00 as because AU$96.15 falls below the AU$150 threshold for free transfers.
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