About PayPal
PayPal allows people to make financial transactions online by granting the ability to transfer funds electronically between individuals and businesses. Through PayPal, users can send or receive payments for online auctions on websites like eBay, purchase or sell goods and services, or donate money or receive donations. It is not necessary to have a PayPal account to use the company’s services
PayPal charges UK sellers a fee of between 1.4% and 3.4% of the total sale plus 20p per transaction within the UK. The fee depends on how much you sell, so the more you sell, the less you pay.
PayPal also offers businesses a Website Payments Pro subscription for £20/month which includes benefits such as checkout customisation, website integration, faster payments and greater protection.
“PayPal is for everyone who pays or gets paid”
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