Paypal Increases Fees Effective March 29


  • We are changing the cross-border transactions fee for card present and PayPal transactions from 3.7% to 4.2%.
  • We are changing the cross-border transaction fee for keyed and scanned transactions from 4.5% + $0.15 to 5.0% + $0.15.
  • We are changing the standard transaction fee for sellers selling goods or services online to buyers outside the U.S. from 3.9% to 4.4% plus the existing fixed fee based on the currency.

stanleylocke
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From the website...
"if you receive money for goods or services (such as from selling an item on eBay), the fee for each transaction is 2.9% plus $0.30 USD of the amount you receive."

I don't understand the increased rate, it's not currently 3.7%. Do they mean for credit card transactions?