Merchant rate fee schedule
|Purchase payments received (monthly)||Fee per transaction|
|$0.00 NZD - $5,000.00 NZD||3.4% + $0.45 NZD|
|$5,000.01 NZD - $15,000.00 NZD||2.9% + $0.45 NZD|
|$15,000.01 NZD - $150,000.00 NZD||2.7% + $0.45 NZD|
|> $150,000.00 NZD||2.4% + $0.45 NZD|
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 $5,000.00 NZD 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 $5,000.00 NZD 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 $5,000.00 NZD, unless their account is downgraded or if there are unresolved chargebacks.
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.