The PayPal goods and services fee is a charge that is assessed by PayPal on certain types of transactions. This fee is assessed on transactions that are made using the PayPal payment platform.
PayPal determines which transactions are subject to the goods and services fee based on the type of transaction and the country in which the transaction is made. The goods and services fee is assessed on the total transaction value, not on the amount of the payment.
PayPal also collects a fee from merchants that use the PayPal payment platform to process payments. This fee is known as the PayPal fee.
The PayPal fee is a percentage of the total transaction value and is based on the type of merchant account that the merchant is using. PayPal also charges merchants a currency conversion fee whenever a transaction is made in a foreign currency.
