Is there a fee for using PayPal QR code?

PayPal QR Code Payment Fees

PayPal QR codes provide a convenient way for businesses to receive payments from customers. Customers can simply scan the QR code with their PayPal app to make a payment. However, it’s important to be aware of the fees associated with using PayPal QR codes.

Creating and Sharing QR Codes

Creating and sharing PayPal QR codes is complimentary. You can generate a QR code through your PayPal Business account or the PayPal app. Once you’ve created a QR code, you can share it with customers via email, social media, or printed materials.

Transaction Fees

Standard transaction fees apply when customers use your PayPal QR code to make a payment. These fees are calculated based on the total amount of each individual transaction. The transaction fee structure varies depending on factors such as the type of business, the country where the transaction is taking place, and the currency being used.

Fee Structure

The following table outlines the general PayPal transaction fee structure for QR code payments:

Additional Fees

In addition to transaction fees, there may be additional fees applicable to certain types of payments. For example, there may be a fee for processing international payments or for converting currencies. It’s important to review the PayPal fee schedule carefully to understand the full costs associated with using PayPal QR codes.

Conclusion

While creating and sharing PayPal QR codes is complimentary, standard transaction fees apply when customers use the QR code to make a payment. The transaction fee structure varies depending on the total amount of the transaction. Businesses should carefully consider the fees associated with PayPal QR codes before using them as a payment method.