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PayPal

PayPal is the most recognized payment brand globally. Customers trust it, conversion rates are often higher, and setup is easy. But you pay a premium for that trust - PayPal is the most expensive mainstream processor.

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When to Use PayPal

You should use PayPal if:

  • Your customers ask for it specifically
  • You're selling to older demographics (PayPal has high penetration with 50+ age group)
  • You need instant credibility for a new brand
  • You want to offer PayPal checkout alongside cards
  • You're selling internationally (PayPal is recognized everywhere)

Skip PayPal if:

  • You're price-sensitive (PayPal is 20-40% more expensive than competitors)
  • You need custom integration (API is clunky compared to Stripe)
  • You're doing high volume (fees add up quickly)
  • You want reliable support (PayPal support is notoriously poor)

Pricing Breakdown

PayPal Checkout (Standard)

Transaction TypeRateNotes
Online (domestic)3.49% + $0.49PayPal button or hosted checkout
Online (international)4.99% + $0.49Cross-border transactions
Card-present2.29% + $0.09PayPal Zettle/Here reader
Invoices3.49% + $0.49PayPal invoicing
PayPal balance3.49% + $0.49Customer pays from PayPal wallet
Disputes$20Win or lose

PayPal Payments Advanced (volume discount)

Available at $30M+/year volume ($2.5M/month):

  • Typical discount: 0.2-0.5% off standard rates
  • Still more expensive than Stripe/Square even with discount
  • Requires negotiation

PayPal Here (Card-Present)

ItemCost
Chip and Swipe Reader$24.99
Chip and Tap Reader$59.99
Per-transaction rate2.29% + $0.09

Hidden Costs

FeeAmountWhen It Applies
Micropayments5% + $0.05Transactions under $10 (opt-in)
Currency conversion3-4%International customers
Instant transfer1.5%Same-day to bank account
Chargeback fee$20Win or lose
Monthly fee$0 (standard)
$30 (Pro)
PayPal Payments Pro

Effective rate for most SMBs: 3.8-4.5% all-in for domestic online, 5.5-6% for international.


What PayPal Does Well

1. Consumer Trust and Recognition

PayPal has 400M+ active users globally:

  • Customers feel safer buying from new/unknown merchants
  • Conversion lift: 10-30% higher conversion when PayPal is offered
  • Especially strong with older demographics (50+)

Reality: Adding PayPal checkout can increase sales enough to justify the higher fees.

2. One-Click Checkout

PayPal's guest checkout and one-touch experience:

  • Customers don't enter card details
  • Saved addresses and payment methods
  • Faster checkout = higher conversion

Best for: Mobile shoppers (PayPal mobile checkout is smooth).

3. Buyer Protection

Customers get 180-day purchase protection:

  • Easy disputes and refunds
  • Confidence when buying from new sellers
  • This trust translates to higher conversion

Trade-off: Easy disputes also mean higher chargeback risk for merchants.

4. Global Reach

PayPal supports 200+ countries and 25+ currencies:

  • Recognized everywhere
  • Local currency checkout
  • Cross-border payments easier than most processors

Best for: International sellers, especially those selling to consumers globally.


What PayPal Does Poorly

1. Expensive Pricing

PayPal is 20-40% more expensive than competitors:

$100 transaction comparison (online):

  • PayPal: $3.98 fee (3.49% + $0.49)
  • Stripe: $3.20 fee (2.9% + $0.30)
  • Square: $3.20 fee (2.9% + $0.30)

$100 transaction comparison (card-present):

  • PayPal: $2.38 fee (2.29% + $0.09)
  • Stripe: $2.75 fee (2.7% + $0.05)
  • Square: $2.70 fee (2.6% + $0.10)

At $100K/month volume:

  • PayPal fees: ~$3,980/month
  • Stripe fees: ~$3,200/month
  • Difference: $780/month ($9,360/year)

Reality: You're paying for brand recognition. Decide if conversion lift justifies the cost.

2. Account Holds and Freezes

PayPal freezes accounts aggressively and holds funds for 180 days:

Common triggers:

  • Sudden volume spike
  • High-ticket sales
  • New account with rapid growth
  • Customer complaints (even unjustified)
  • Selling "risky" products (electronics, tickets, gift cards)

The freeze process:

  1. Account frozen without warning
  2. Email: "We're reviewing your account"
  3. Funds held for 180 days
  4. Limited appeal process

This is PayPal's #1 complaint. Search "PayPal account frozen" for horror stories.

3. Customer Support Is Terrible

PayPal support is consistently rated as the worst among major processors:

  • Phone wait times: 30-90 minutes
  • Email responses: 3-7 days
  • Scripted, unhelpful responses
  • No escalation path

Under $100K/month: You're in general support hell Over $100K/month: Slightly better, still frustrating

Reality: Plan to solve problems yourself using forums and documentation.

4. Clunky API and Integration

PayPal's API is dated compared to Stripe:

  • Poor documentation
  • Inconsistent error messages
  • Webhook reliability issues
  • Complex authentication

For developers: PayPal integration takes 2-3x longer than Stripe.


Pricing Comparison (PayPal vs Competitors)

ProcessorOnline RateCP RateInternationalDisputes
PayPal3.49% + $0.492.29% + $0.094.99% + $0.49$20
Stripe2.9% + $0.302.7% + $0.052.9% + 1.5%$15
Square2.9% + $0.302.6% + $0.10Not available$15-25

Verdict: PayPal is the most expensive for online transactions. Card-present rate is actually the best among the three.


Who PayPal Is Best For

Perfect Fit

Business TypeWhy PayPal Wins
New e-commerce storesTrust badge increases conversion for unknown brands
International sellersGlobal recognition, multi-currency
Older demographicsHigh PayPal adoption in 50+ age group
High-value itemsBuyer protection encourages big purchases
Secondary optionAdd PayPal alongside Stripe/Square for 10-20% more sales

Poor Fit

Business TypeBetter Alternative
Price-sensitiveStripe, Square (20-40% cheaper)
High-volumeAny other processor (fees too high)
Subscription SaaSStripe (better recurring logic)
Needs supportStripe, Adyen (better support)
Developer-ledStripe (better API)

Common Gotchas

1. The Fixed Fee Trap

PayPal's $0.49 fixed fee hurts on low-ticket items:

$10 transaction:

  • PayPal: $0.84 fee (8.4% effective rate)
  • Stripe: $0.59 fee (5.9% effective rate)
  • Difference: $0.25 per transaction

At 1,000 transactions/month: That's $250/month extra ($3,000/year).

Micropayments option: For transactions under $10, PayPal offers 5% + $0.05. Better for very small transactions.

2. PayPal Balance vs Card Payment

Customer paying from PayPal balance still costs you 3.49% + $0.49:

  • PayPal pays no interchange (no card involved)
  • They still charge you full rate
  • Pure profit for PayPal

You can't avoid this. Unlike Stripe where ACH is cheaper, PayPal balance costs the same as cards.

3. International Fees Stack

Selling to international customers:

  • Base: 3.49% + $0.49
  • International: +1.5% (so 4.99% + $0.49)
  • Currency conversion: +3-4%
  • Total: 7.99-8.99% + $0.49

Example: €100 transaction

  • PayPal takes: ~$9-10
  • Stripe takes: ~$4.50

Don't use PayPal as your primary international processor. Use it as a secondary option.

4. The 180-Day Hold

When PayPal freezes your account, funds are held for 180 days (6 months):

  • No access to money
  • No interest paid
  • Limited appeal process

Workaround: Keep PayPal balance minimal. Transfer funds to bank daily.


Test to Run

PayPal effectiveness audit (if you're already using PayPal):

Week 1:

  1. Calculate PayPal's share of your transactions
  2. Calculate PayPal's share of your fees
  3. Is PayPal over-represented in fees? (It should be)

Week 2: 4. Check conversion rate: PayPal vs card checkout 5. Is PayPal conversion 10%+ higher? If not, it may not be worth the cost

Week 3: 6. Calculate: (PayPal fees - what Stripe would cost) vs (extra revenue from PayPal conversion) 7. If extra fees > extra revenue, consider dropping PayPal

Success criteria: PayPal conversion lift of 10%+ justifies the 30-40% higher fees.


Scale Callouts

Under $50K/month:

  • PayPal makes sense as a secondary option
  • Conversion lift often justifies higher fees
  • Most customers have PayPal accounts

$50K-$250K/month:

  • Calculate if conversion lift justifies extra $500-1,500/month in fees
  • Consider A/B testing: PayPal vs no PayPal for a month
  • If conversion is flat, drop PayPal

Over $250K/month:

  • PayPal fees are too high for primary processor
  • Use PayPal as checkout option only (not for card processing)
  • Extra $1,000-3,000/month in fees needs strong justification

Over $1M/month:

  • PayPal is unjustifiable as primary processor
  • If offering PayPal checkout, route card payments through Stripe
  • Only use PayPal for actual PayPal balance payments

Where This Breaks

  1. Account freeze kills your business: If PayPal is your only processor and they freeze you, you can't accept payments for 180 days. Always have a backup processor.

  2. No negotiation: Unlike traditional processors, PayPal won't negotiate rates. What you see is what you get.

  3. High chargeback tolerance is low: PayPal's threshold is around 1% chargeback ratio. Over 1.5% = account restriction risk.

  4. Restricted business list is aggressive: PayPal rejects businesses faster than most processors. Check their acceptable use policy carefully.

  5. Venmo isn't included: If you want Venmo checkout, that's a separate integration (though owned by PayPal).


PayPal Pro vs Standard

PayPal offers "Payments Pro" for $30/month:

FeatureStandardPro ($30/mo)
Hosted checkoutYesYes
On-site checkoutNoYes
Virtual terminalLimitedFull
Recurring billingLimitedAdvanced
API accessLimitedFull

Is Pro worth it?

  • If you're doing under $50K/month: No, use Stripe instead
  • If you're over $50K/month and need PayPal: Maybe, but consider Stripe + PayPal button

Most SMBs should skip Pro and use Stripe for primary processing + PayPal button for customers who prefer it.


The PayPal Strategy

Best practice for most businesses:

  1. Primary processor: Stripe or Square (2.6-2.9% rates)
  2. Secondary option: PayPal checkout button (for customers who want PayPal)
  3. Route intelligently: Card payments through Stripe, PayPal balance through PayPal

This gives you:

  • Lower fees on most transactions (Stripe)
  • Conversion lift from PayPal brand (10-20% of customers)
  • Backup if one processor has issues

Don't use PayPal as your only processor. The account freeze risk is too high.


Next Steps

Considering PayPal?

  1. Add it as a secondary option, not primary processor
  2. Compare to Stripe for primary processing
  3. Review Buying Payments for multi-processor strategy

Already on PayPal?

  1. Run the effectiveness audit above
  2. Calculate if conversion lift justifies the fees
  3. Consider hybrid approach: Stripe + PayPal button

Switching from PayPal?

  1. Read Processor Switch Checklist
  2. Keep PayPal as checkout option even if you switch primary processor
  3. Don't burn the bridge - customers love PayPal

See Also