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What's the difference between Standard Rate and Merchant Rate?

The Standard Rate is the basic transaction fee for sellers receiving payments through PayPal.
 
The Merchant Rate is determined based on sales volume from the previous calendar month. Here's how you can view the Merchant Rate Criteria.
  1. Click Fees at the bottom of the page.
  2. Click More about merchant fees, found in the third segment of the screen titled, "Selling is 2.9% + $0.30 per sale, or less".
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