PayPal Calculator

by Erin Banister

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We all have to deal with those [tag]PayPal[/tag] [tag]merchant fees[/tag] every now and then, and most people don’t have the experience with PayPal to know how much they’re going to really receive after fees are decucted.

Well, now we have a handy-dandy tool: the PayPal Calculator. It not only will tell you how much you’ll receive after [tag]paypal fees[/tag], but it also has a nifty calculator to help you figure out what to charge to get the amount of money you want.

As you can see in this example, it’s pretty darned nifty! You can calculate fees for overseas and domestic transfers, as well as different merchant level rates. For a US transfer at the standard PayPal fee, you’ll pay $11.90 for a $400 transfer, and if you need to receive $400, you’ll have to charge $412.26.

Finally, I can stop using [tag]high-school math[/tag].

~E

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