What % does PayPal take
For India based accounts, PayPal takes 4.40% plus a fixed fee on international commercial payments, with a 4% currency conversion markup and 18% GST on fees on top.
The total cost depends on the type of payment and whether the money is converted into rupees. The main charges are listed below.
- International receiving fee: Commercial payments arriving from outside India are charged 4.40% plus a fixed fee that depends on the currency, such as $0.30 for USD or ₹3.00 for INR.
- Currency conversion markup: When foreign currency such as USD is converted to INR, PayPal adds 4.00% over the base exchange rate.
- GST: Indian residents pay 18% Goods and Services Tax, applied to the transaction fees PayPal charges rather than to the full payment.
- Domestic payments: Receiving personal or commercial transfers within India is generally not supported, since the service mainly handles money coming in from abroad.
Some actions carry no charge. Opening an account, downloading the app and withdrawing settled funds to a local bank account are free, according to the PayPal help centre for India.
The percentage fee, the fixed fee, the conversion markup and GST can all apply to the same payment, so each one should be counted when estimating what arrives. For a wider PayPal overview covering personal and business fees, the official consumer and seller fee pages for India list the current rates by region and payment type, and those pages should be checked before quoting a figure to a client.