Paypal Mass payment Fee Charge

Manraj
Contributor
Contributor

Hello,

I am using PayPal Mass payment service for transfer amount from one PayPal
account to other PayPal account.

As I have seen on documentation: The fee is 2% of total up to a maximum of
$20.00 USD per payment in the USA

what if I send 6000 $ to one/two user?Any answers and suggestions would be
highly appreciated.

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4 REPLIES 4

sharpiemarker
Esteemed Advisor
Esteemed Advisor

Do the math, 2% for each payment.  Within US, the fee is capped at $1; for foreign recipients, it is 2% but capped at $20 or the foreign currency equivalent of $20.00 USD

 

https://www.paypal.com/us/webapps/mpp/mass-payments#pricing


Kudos & Solved are greatly appreciated. 🙂
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sharpiemarker
Esteemed Advisor
Esteemed Advisor

If 2% of 6K is over $20, you will be charged $20 fee per payment.


Kudos & Solved are greatly appreciated. 🙂
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Manraj
Contributor
Contributor

Thanks, 

Please confirm as I have shared below.

In my case, Mass Payments recipients are inside the U.S.

If I will make transfer payment less than $20 USD then It will charge 2% of the amount.

If I will make transfer payment of greater than $20 then it will charge fixed $20.

 

Am I right? 

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sharpiemarker
Esteemed Advisor
Esteemed Advisor

2% transaction fee, capped at $1 per payment.


Your recipients pay nothing to receive payments and there's no setup fee or monthly fee for you. You pay a low transaction fee of 2% for each payment, capped at $1 per payment. So if someone is lucky enough to receive a $10,000 payment from you, your payment fee is only $1*.


* For Mass Payments to recipients within the U.S., the fee is 2% of total up to $1 per payment. For Mass Payments to recipients outside the U.S., the fee is 2% of total up to a maximum of $20.00 USD per payment, or the foreign currency equivalent of $20.00 USD.

 

If the amount you are sending out (domestic) x 2 % equals less than $1, you pay the 2% fee, if more than $1, you pay $1 fee.

If the amount you are sending out (foreign) x 2 % equals less than $20, you pay the 2% fee, if more than $20, you pay $20 fee.

 

You send out $4.95 and 2% of that is 99 cents, you pay 99 cents, the 2%.

You send out $5.00 and or more, 2% is $1 or more, so you pay $1.


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