Merchant rate fee schedule
|Purchase payments received (monthly)||Fee per transaction|
|£0.00 GBP - £1,500.00 GBP||3.4% + £0.20 GBP|
|£1,500.01 GBP - £6,000.00 GBP||2.9% + £0.20 GBP|
|£6,000.01 GBP - £15,000.00 GBP||2.4% + £0.20 GBP|
|£15,000.01 GBP - £55,000.00 GBP||1.9% + £0.20 GBP|
|> £55,000.00 GBP||1.4% + £0.20 GBP|
Merchant rate pricing approval is reserved for members in good standing (whose accounts are not currently under investigation) who meet the following criteria:
- Received more than £1,500.00 GBP in PayPal payments in the previous calendar month.
Maintaining your merchant rate
After qualifying for merchant rate pricing, all members are expected to:
- Keep their PayPal account in good standing. Members may be downgraded to the Standard rate if a payment volume of more than £1,500.00 GBP is not maintained in the previous calendar month, or if they have unresolved chargebacks.
Note: Members do not need to reapply for merchant rate pricing if payment volume drops below £1,500.00 GBP, unless their account is downgraded or if there are unresolved chargebacks.
Members interested in receiving the merchant rate should apply via our online application form. This is a one-time application (exception in Note above).
If you qualify for the merchant rate, login to your PayPal account and apply.