Understanding PayPal Partner Program Fees
As an e-commerce business owner, PayPal should be familiar to you. As one of the world’s most well-known payment gateways and partner of PayPal, it offers various services. But as an owner or manager of an e-commerce business using it, fees might come up. This article takes an in-depth look into PayPal partner fees and what you should know.
Before discussing its various fees, let’s first establish what a PayPal partner program entails. The PayPal Partner Program makes it possible for businesses to integrate PayPal as a payment option on their website or app. As a PayPal Partner, you can earn commissions by referring new customers to PayPal.
The Fees Associated with the PayPal Partner Program
Now that we understand what the PayPal Partner Program entails, let’s look at its fees:
- Integration Fee: When joining the program for the first time, partners pay an integration fee that ranges between $0 – $2,000. The amount depends on their partnership level and may range anywhere between 0-2000.
- Transaction Fee: The transaction fee charged by PayPal when processing payments made via your website or app. As a partner, a discounted rate will apply on these transactions.
The discount rate depends on your partnership level and ranges between 2.9% + $0.30 to 3.4% + $0.30 per transaction, though additional fees may apply for international payments or chargebacks.
Partner Program Levels
To understand all of the fees associated with PayPal partner program it’s important to understand their various partnership levels:
- Each partnership level offers different requirements and benefits. As you advance in level, more benefits accrue, including a discounted transaction fee rate.
Advantages of the PayPal Partner Program
Now that we understand what fees are associated with the PayPal Partner Program, let’s look at some advantages associated with being part of it:
- Referral Commissions: Refer new customers to PayPal and you could earn commissions.
- Discounted Transaction Fees: As a partner, you will enjoy discounted transaction fees.
- Marketing Support: PayPal will provide marketing materials and assistance in helping promote integrations.
- Technical Support: PayPal partners have access to dedicated technical support to address any issues they encounter.
In conclusion, if you’re considering becoming one it is vital that you understand all associated fees and costs. While there may be integration and transaction fees associated with being a partner of PayPal, these costs are outweighed by benefits like referral commissions, discounted transaction fees, marketing support and technical support. To learn more about or become part of their partner program visit their website for further details:
https://www.paypal.com/us/webapps/mpp/partner-program,
https://www.paypal.com/us/business/platforms-and-marketplaces/partners/levels.