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We are making some changes to our legal agreements that will apply to you.
We are simplifying our pricing structure. Below is an overview of the main changes we will be making to the fees applicable to PayPal merchants located in Mainland China receiving commercial payments. These changes will take effect from 16 November 2020:
- There will no longer be Merchant Rates for commercial payments, and customers previously receiving merchant rate discounts will be subject to the Standard Rate shown below.
- The Standard Rate for receiving commercial payments will be 4.40% + Fixed Fee for international payments.
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We remain committed to continuing to provide you with quality payment processing solutions to help you grow your business and enable you to continue to sell with confidence all around the world.
You do not need to do anything to accept the changes described above as they will automatically take effect on 16 November 2020. If you do not agree to the changes, you must close your PayPal account or cease using the PayPal services. You can do so prior to 16 November 2020 without incurring any additional charges.
If you have any questions, or want to understand these changes in more detail, please visit our Contact Us portal.
Thank you for being a PayPal customer.
Sincerely,
PayPal
PayPal