(One user on the PayPal Community Board said they tried to understand it but got “lost in all the mumbo-jumbo lingo.”) The page stated: PayPal made it clear it was changing fees for QR code transactions, but users were left to parse out what other changes to the legal agreements might impact them – an increasingly common practice among tech firms that can leave their users vulnerable to surprises. PayPal also charges 2.29% plus $0.09 for QR code transactions through a third-party integrator, and that is not changing. Under “Amendments to the PayPal User Agreement – Effective October 23, 2023,” PayPal said it was changing fees it charges sellers for QR code transactions and noted, “The new pricing will result in fee increases for some transactions.”Ĭurrently, PayPal charges 1.9% plus a fixed fee for QR code transactions over $10, and 2.4% for transactions $10 and under.īeginning October 23, 2023, PayPal will charge 2.29% plus a fixed fee, no matter the dollar amount. The email notification links to a landing page on PayPal. ![]() If you have questions about any of these changes or your account, please don’t hesitate to get in touch with us. You can also view these changes by visiting, clicking ‘Legal’ at the bottom of the page and then selecting ‘Policy Updates’. There is no action needed from you today, but if you would like to learn more, you can find details about these changes, when they apply and what you can do if you want to decline the changes on our policy update page. We’re making some changes to our legal agreements that will apply to you. PayPal has been sending out the following notice of a change to its user agreement and numerous other legal agreements this week:
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