business fee

[MrTjones2258]

I have just set up a business account. I have asked someone to pay me £1 as a trail and run to see how it all works. Only 0.67p when in my account.

Now does anyone know if there is a flat rate or if the rate depends on how much you get paid by a customer. I am expecting £199.00 in my account soon. How much would i get charged for that?. I have researched high and low and cant actaully find the answer i am looking for. The £1 was billed to a friends just the same way i would to a custom buy paypal took 33% of me. I hope this is not the case for all amounts as when i earn £199, it will take £65.67p of me. Surely its not that much right.....

[Sidney08]

Hello @MrTjones2258 , I hope you're doing fine.

For paypal fees you can refer to this links : 

 https://www.paypal.com/uk/smarthelp/article/what-are-the-fees-to-use-paypal-faq690?app=searchAutoCom... 

 https://www.paypal.com/uk/webapps/mpp/merchant-fees

I hope this helps. If you find this helpful, make our community better by giving kudos or accepting it as a solution.

Have a great day and keep safe.