PayPal Business 🧾 Service

What you get

A PayPal Business account lets you accept PayPal, Venmo, cards, Pay Later and invoices, with no monthly account fee listed. US fees: PayPal Checkout and Venmo 3.49% plus $0.49; standard card payments 2.99% plus $0.49; Pay Later 4.99% plus $0.49; QR code payments 2.29% plus $0.09; invoices paid by ACH 1% capped at $10. International commercial transactions add 1.50%, currency conversion carries a 3% to 4% spread, chargebacks cost $20 and disputes $15. The Invoice Subscription Service is $14.99 a month.

Who qualifies

Businesses in PayPal-supported countries; some business types are restricted.

Good to know

• PayPal is not a merchant of record; you remain responsible for sales tax and VAT.
• Many buyers trust the PayPal button, which can lift conversion for consumer products, but fees are higher than Stripe's base card rate.
• Funds can be held or reserved after reviews; keep a second payment option.

• Pay Later lets buyers split payments while you are paid upfront, at the higher 4.99% plus $0.49 rate.
• Invoices paid by card, Apple Pay or other third-party wallets cost 2.99% plus $0.49.
• Keep enough balance or a backup processor in case PayPal places a hold on funds during a review.

• Sending or receiving money for goods and services costs 2.99% with no fixed fee listed.

Verdict

Add PayPal next to your main processor if your buyers expect it, especially for consumer and international sales. It is rarely the best sole payment stack for a SaaS startup.

1. Open a free PayPal Business account.
2. Verify your business and link a bank account.
3. Add PayPal Checkout, Venmo or card payments to your site or send invoices.
4. Watch the fee mix (international and FX surcharges) in your reports.