Merchant rate

Merchant rate fee schedule

Purchase payments received (monthly)Fee per transaction
£0.00 GBP - £1,500.00 GBP3.4% + £0.20 GBP
£1,500.01 GBP - £6,000.00 GBP2.9% + £0.20 GBP
£6,000.01 GBP - £15,000.00 GBP2.4% + £0.20 GBP
£15,000.01 GBP - £55,000.00 GBP1.9% + £0.20 GBP
> £55,000.00 GBP1.4% + £0.20 GBP
Merchant rate criteria
Merchant rate pricing approval is reserved for members in good standing (whose accounts are not currently under investigation) who meet the following criteria:
  • Received more than £1,500.00 GBP in PayPal payments in the previous calendar month.


Maintaining your merchant rate
After qualifying for merchant rate pricing, all members are expected to:
  • Keep their PayPal account in good standing. Members may be downgraded to the Standard rate if a payment volume of more than £1,500.00 GBP is not maintained in the previous calendar month, or if they have unresolved chargebacks.

Note: Members do not need to reapply for merchant rate pricing if payment volume drops below £1,500.00 GBP, unless their account is downgraded or if there are unresolved chargebacks.



Application
Members interested in receiving the merchant rate should apply via our online application form. This is a one-time application (exception in Note above).

If you qualify for the merchant rate, login to your PayPal account and apply.