Is PayPal worth the price?
PayPal's pricing is generally fair for small to medium businesses, offering a wide range of payment solutions.
The 2.99% + $0.49/txn for PayPal Checkout is competitive for online transactions, though it can add up for high volume. It's best for businesses needing a comprehensive, widely accepted payment gateway without high monthly fees.
Pricing
Hidden Costs & Gotchas
Card reader for in-person payments ($29)
Higher rates for 'Pay Later' option
Potential for interchange-plus rates for large volume
Terminal for in-person payments ($199)
Which Plan Do You Need?
Small online businesses
Merchants needing diverse payment options
Businesses with varying transaction types
How PayPal Compares to Competitors
Compared to Stripe, which typically charges 2.9% + $0.30 for online transactions, PayPal's 2.99% + $0.49 is slightly higher per transaction. Square offers similar in-person rates around 2.6% + $0.10, making PayPal's 2.29% + $0.09 competitive for card-present transactions.
PayPal Pricing FAQ
How much does PayPal cost?
PayPal uses custom pricing. Contact PayPal directly for a quote based on your team size and requirements.
Does PayPal have a free plan?
PayPal does not offer a permanent free plan. Paid plans are required from day one.
Is there a cheaper alternative to PayPal?
Yes. Popular alternatives to PayPal include Stripe, Square, Adyen, Wise. Free alternatives include Square, Wise. Compare them side-by-side on Toolradar.
Cheaper alternatives to PayPal
2 of 6 direct competitors below offer a free plan. Per-seat pricing varies up to 60% across this set.
