GrossupPayPal invoice fee calculator
To receive $1,500.00 from a PayPal invoice your client pays by card, invoice $1,546.74. If they pay with their PayPal account or Venmo, invoice $1,554.76.
PayPal invoice, paid by card: 2.99% + $0.49.
- Fees on this payment$46.74
- You receive$1,500.00
- Fees as a share of the invoice3.02%
Every rate at this amount
| Payment | Rate | Fee | You receive | Invoice |
|---|
The numbers, worked
PayPal charges an invoice by how the client pays it: 2.99% + $0.49 for a credit or debit card, 3.49% + $0.49 for PayPal Checkout or Venmo, and 1% capped at $10 for Pay by Bank.
By card: ($1,500.00 + $0.49) ÷ (1 − 0.0299) = $1,546.74, a fee of $46.74. With PayPal or Venmo: ($1,500.00 + $0.49) ÷ (1 − 0.0349) = $1,554.76, a fee of $54.76.
Paid by bank, the fee on $1,500.00 is 1%, so you invoice $1,510.00. Above $1,000 the $10 cap applies and the fee stays $10.
Questions
Which fee applies to my invoice?
The one for the way your client pays, which you don't know when you send it. The table shows all three, so you can see the range.
Is the $0.49 always added?
For US dollar payments by card, PayPal or Venmo, yes: PayPal lists a fixed fee of $0.49. Pay by Bank has no fixed fee.
Is a PayPal invoice the same as a goods and services payment?
No. A payment sent as goods and services without an invoice is 2.99% with no fixed fee. The goods and services page works that one out.
Related
- Grossup: what to invoice to receive any amount
- PayPal goods and services fee
- PayPal vs Stripe vs Square fees
- ACH bank transfer fees
Sending this every month? The card fee invoice template puts the fee line on each invoice.