Starting July 28, 2022, for the customers in the US, the Goods & Services seller fee will change to 2.99%, with no fixed fee. This is to compare with the current 2.89% + $0.49. Additionally, the US customers will now only be able to send Friends and Family peer-to-peer payments to consumer PayPal accounts.
As an example, if a customer is buying a piece of furniture for $225.00 USD, the seller will now pay $6.73 USD under the new simplified fee structure, versus $6.99 USD under the previous structure. In addition, Goods and Services transactions may be eligible for Purchase Protection which can be beneficial for both buyers and sellers.
PayPal, Jun 22, 2022
