Learn more about PayPal's online payment platform with pricing, key information, and FAQs.

Updated on November 23rd, 2023

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PayPal is an online payment platform that can be used to exchange money in one currency or multiple currencies. Many small businesses use PayPal as a secure payment gateway when buying or selling goods and services online.

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Used by more than 2 million businesses.

Robust reporting.

Custom invoices.




In-person payments with QR code

2.29% + $0.09 /transaction.

In-person credit and debit card payments

2.29% + $0.09 /transaction.

Online credit and debit card payments

2.59% + $0.49 /transaction.

PayPal payments

3.49% + $0.49 /transaction.

*The fee applies to transactions above $10.00.

PayPal could also charge additional fees that may increase final costs. Interested customers can read through the fees page on the website or contact PayPal to speak to an assistant.

PayPal Logo

Pros: Wide range of services, including a fee calculator and shipping labels. Well-established company.

Cons: Higher fees than some competitors.

Bottomline: Secure payment gateway to buy or sell goods and services for your business.

Key Information:

Legal Name

PayPal, Inc.


Peter Thiel

Founding Date

Dec 01, 1998


2211 N. 1st St., San Jose, CA 95131-2021

Number of Employees


Number of Customers




1 (402) 935-2050



Is PayPal the best?

It depends on your needs. PayPal is a popular choice as it offers many key features. However, compared to some competitors, PayPal's fees can be costly.

Is PayPal a trustworthy site?

PayPal is a reputable business with solid encrypted security and consumer protection in place to keep users relatively safe online.

Can PayPal payments be reversed?

Yes. However, reversals incur a chargeback fee.

Does PayPal protect the buyer?

Yes, PayPal offers PayPal Buyer Protection cover. With PayPal Buyer Protection, if an item doesn't arrive or is not as described, PayPal helps buyers to get a full refund.

What's good about PayPal?

  • Fast solution.
  • Simplifies how you make recurring payments to all your monthly bills and subscriptions.
  • Secure and encrypted solution.

What is the price range for Paypal transactions?

PayPal fees range from 2.9% + fixed fee per domestic sale to 5% per international sale. It is free to transfer money to your personal bank account or to send money from your PayPal balance.

Can you use PayPal on Amazon?

You can use PayPal on Amazon to pay for goods at the checkout or to accept payment from customers if you have an Amazon store.

Is PayPal stock publicly available?

Yes. Stocks in PayPal Holdings Inc. are sold on the NASDAQ under the ticker symbol PYPL. You can google "PYPL" to see the latest Paypal stock price.

What is the difference between Venmo and PayPal?

Venmo can be used to send money between friends and family, while PayPal is intended for both individual and business use. Venmo's transfer fees are much lower, but the platform does not have the same level of security as PayPal.

What is PayPal working capital?

PayPal working capital is a type of small business loan that you can get from PayPal. Your business can qualify based on your sales history with PayPal. PayPal offers flexible payments and you can borrow up to 35% of your annual sales revenue.

What is PayPal's phone number?

The PayPal customer service number is 1 (405) 935-2050.

Can I get a PayPal credit card?

PayPal has a partnership with Mastercard, so you can get a PayPal credit card or a PayPal prepaid Mastercard if your application is approved. You can apply on the website. You can also get a PayPal debit card and even a PayPal line of credit. All of these products can be managed under one account using your PayPal credit login.

What is PayPal My Cash?

PayPal My Cash has been discontinued. With PayPal My Cash, you could load money onto your PayPal account for specific retailers. When you loaded money for a specific retailer, the PayPal app would give you a customized barcode that you could scan to pay when you shopped.

Can I gift PayPal funds to friends or family?

Yes. You can send money through PayPal as a gift by selecting "Send a gift" under the "Send and Receive" menu. You just need to enter the recipient's phone number or email and a personal message.

Does PayPal sell a shipping solution?

You can purchase shipping labels through PayPal Shipping. Merchants can pay for shipping their items to customers directly through the PayPal platform using their PayPal funds.

What can I find a PayPal fee calculator?

One of the best PayPal fee calculators can be found online. You can use this tool to select your transaction type, the currency, and the amount you want to send or receive, and it will calculate the exact fee for you.

What is PayPal Here?

PayPal Here is PayPal's on-site payment solution. With the PayPal Here app and a PayPal card reader, you can accept debit and credit card payments from your customers through a mobile device.