: is it right for your business? | FoundersCheckList.AI
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PayPal

by PayPal Holdings, Inc.

A widely trusted online payment service that lets businesses accept payments from customers' PayPal balances and cards.

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How it helps you

PayPal's brand recognition can boost checkout conversion because many buyers already trust it and have accounts. A founder can send invoices and add a checkout button with no monthly fee and minimal setup. It's a familiar, low-friction way to start accepting money globally.

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Facts & pricing

  • No monthly fee on a standard business account — pay per transaction
  • Standard goods-and-services rate 2.99% + $0.49 (US domestic)
  • PayPal Checkout / invoice payments 3.49% + $0.49
  • In-person QR payments 2.29% + $0.09; international payments add ~1.5%

Pricing: No monthly fee; from 2.99% + $0.49 per transaction

Caveats

Its fixed per-transaction fee ($0.49) is high, so it's costly for small-ticket sales. PayPal is also known for account holds and reserves on new or flagged sellers, which can tie up funds unexpectedly.

Bottom line

Pick PayPal when buyer trust and a familiar checkout matter, or as a secondary payment option alongside Stripe/Square.

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