What is a PayPal Partner Fee?
The "partner fee” you see on the PayPal transaction is a combination of the Swappa seller fee, buyer fee, and sales tax (if applicable).
- Seller fee: 3% of the seller's Ask Price. The seller fee is paid by the seller.
- Buyer fee: 3% of the seller's Ask Price. The buyer fee is paid by the buyer.
- Sales tax: The sales tax amount is based on individual state requirements. The sales tax is paid by the buyer and remitted to the appropriate state by Swappa.
As a seller, the amount you receive is based on the Ask Price you set when creating your listing. Your payout will be your Ask Price minus Swappa’s seller fee (3%) and PayPal’s transaction fee (3.49% + $0.49 of the total order amount).
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