![]() You can buy these services either as a bundle or on an à la carte basis. Additional paid services are available through your PayPal business account. Because currency conversion costs at major card providers can easily be as steep as at PayPal, we recommend choosing PayPal's exchange rates unless you know that your card provider offers you favourable exchange rates. When you start accepting payments, you’ll pay a percentage fee ranging from 1.9 to 3.5 and a fixed fee of 5 to 49 cents for each transaction. However, PayPal allows users to choose whether to pay their exchange rate fees or the card issuer's. If you make a PayPal transfer from US to Canadian dollars using a debit or credit card, you could be charged an exchange rate margin fee by your card issuer. (The exchange rate margin for these payments is 4.4% for transfers from the US to Canada.) Other Fees to Anticipate However, if you're sending money from the US to a business or non-profit in Canada, or if you receive payment using the 'Request Payment' tab, then you'll be subject to a CAD 0.30 fixed fee in addition to the exchange rate margin. If you're sending money to the PayPal account of somebody else in a different currency, you won't pay any fixed transaction fees over and above the exchange rate margin we explored above. PayPal Foreign Transaction Fees: US to Canada In effect, this means that for every USD 1,000 you transfer to Canada, PayPal will convert only around USD 966.50 of that amount into Canadian dollars at the actual exchange rate. However, according to our analysis of the exchange rate that PayPal displays on its pricing calculator for USD/CAD transfers compared to the mid-market exchange rate, PayPal's exchange rate margins are still higher, in the region of 3.35% of the transfer value. the one you see on Google) and the exchange rate that PayPal offers.Īccording to PayPal's fee schedule, this fee constitutes a margin that's 3% above the mid-market rate. In most cases, all fees PayPal will charge you when sending money from the US to Canada will come in the form of the exchange rate margin, the difference between the mid-market exchange rate (i.e. If you'd like to take a deep dive into PayPal's fees, you can check out our guide here, but we've summarised the main ones below: PayPal Exchange Rates: US to Canada This is because of the highly variable, nontransparent fees and exchange rates that you'll be charged. Reader pricing and fees are subject to change.PayPal US to Canada Fees and Exchange RatesĪll things considered, sending money from one PayPal account to another is one of the most expensive ways to transfer into a different currency. ![]() Fees apply when using the Zettle Reader, learn more here. The sale and provision of hardware is subject to our delivery terms, please find them here. When you send payments from your PayPal account to your bank account using an eligible debit or prepaid card. The Zettle service is subject to terms, please find them here. PayPal reserves the right to limit, cancel, suspend or modify this Offer in part or in its entirety at any time without notice only in exceptional circumstances.Īdditional terms and conditions. Wall plugs are not currently offered for sale by Zettle. The cost for a wall plug is not included. Zettle Dock and Reader are sold separately. Additional card readers priced at £59 excluding VAT.Įxclusions. The offer is one (1) Zettle Reader 2 per new eligible business user (the “Offer”) for £29 excluding VAT. Offer Terms and Conditions for Zettle Reader 2 Terminal pricing and fees are subject to change.Ģ. For international transfers, however, it charges a percentage of the transfer and a flat. Fees apply when using the Zettle Terminal, learn more here. PayPal usually charges small fees or no fees for domestic transfers. The sale and provision of hardware is subject to our delivery terms, please find them here. PayPal reserves the right to limit, cancel, suspend or modify this offer in part or in its entirety at any time without notice only in exceptional circumstances.Īdditional terms and conditions. Price includes a USB cable for charging and wall plug. Terminal Printer & Dock and Terminal with barcode scanner are sold separately. Delivery time is approximately 1 to 2 business days.Įxclusions. The cost of one (1) Zettle Terminal without barcode scanner is £149 (one hundred and forty-nine pounds) excluding VAT. Such agreement is to be entered into at our sole discretion. ![]() ** Any agreement regarding custom rates is subject to a specific agreement between the parties. When you start accepting payments, you’ll pay a percentage fee ranging from 1.9 to 3.5 and a fixed fee of 5 to 49 cents for each transaction.
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