How much is PayPal

PayPal is free to open and to use for buying or sending money domestically, while businesses receiving payments pay 2.99% to 3.49% plus $0.49 per U.S. domestic transaction.

There is no monthly subscription for a PayPal account. Costs arise only when certain transactions happen, and they depend on whether you are paying, receiving, converting currency or crossing borders.

• Buying and sending domestically: Checking out at an online store or sending money to family from a linked bank account costs nothing.
• Receiving commercial payments in the U.S.: Sellers pay 2.99% to 3.49% plus a $0.49 fixed fee per transaction. On a standard $100 payment, the fee comes to about $3.48, leaving $96.52.
• Receiving international payments: PayPal adds a 1.50% cross-border surcharge to the standard fee for money received from another country.
• Currency conversion: A markup of about 3% to 4% is built into the exchange rate when PayPal converts currencies.

Costs are higher for users in India, where domestic wallet features are not available. Incoming cross-border payments there typically lose roughly 7% to 9% in total once currency conversion, GST on PayPal's fee and international rates are counted. Checking PayPal pricing for your country gives the rates that apply to your account.