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New Paypal Card Payment Fee Structures from June - Blended or Interchange Plus

Discussion in 'Money, Accounts & Finance' started by Dean, May 31, 2016.

  1. Dean

    Dean

    Joined:
    May 22, 2008
    Messages:
    9,441
    As of June, Paypal are offering 2 fee structures for their Virtual Terminal and card payments taken via Paypal Websites Pro.

    If you are affected by this, you should now see a message on your screen asking you to choose between the Blended structure (which is the traditional method) or the new Interchange Plus structure.

    According to Paypal, the new Interchange Plus structure "may or may not cost you more" !! Thanks Paypal !!

    Is anyone else here affected and have you made a choice yet?

    I'm leaning towards the new structure but there doesn't seem to be enough detailed info to make a fully informed decision.

    More here (scroll down to "Notice of amendment to the PayPal Website Payments Pro and Virtual Terminal Agreement") - https://www.paypal.com/uk/webapps/mpp/ua/upcoming-policies-full
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