PayPal · Payment processors
PayPal review
PayPal lets customers pay with their PayPal balance, cards or Pay Later at checkout. For US businesses, international commercial transactions carry an extra 1.50%, and PayPal adds its own spread when it converts currencies, which can make cross-border sales expensive.
Who PayPal is best for
Online stores whose customers prefer PayPal and businesses selling to consumers in other countries.
B2B SaaS companies billing by invoice or bank debit.
PayPal lets customers pay with their PayPal balance, cards or Pay Later at checkout. For US businesses, international commercial transactions carry an extra 1.50%, and PayPal adds its own spread when it converts currencies, which can make cross-border sales expensive.
Fees, features and eligibility
| Recurring billing | PayPal Subscriptions for recurring billing |
|---|---|
| International cards and FX | +1.50% on international commercial transactions; a currency conversion spread applies when PayPal converts |
| Type | Payment processor |
| Coverage | Global |
| Best fit | Online businesses selling to consumers |
Source: PayPal published product information.
What stands out
Pros
- Trusted checkout brand
- Accepts PayPal, cards and Pay Later
Cons
- Surcharges on international payments
- Currency conversion spread when PayPal converts
PayPal: common questions
Does PayPal charge more for international payments?
Yes, an extra 1.50% on international commercial transactions.
Does PayPal charge for currency conversion?
Yes. PayPal adds a spread to the exchange rate when it converts currencies.
Used PayPal? Help other businesses choose.
