PayPal takes 3.49% + $0.49 per transaction in the USA as their standard commission. This is the amount deducted from every payment you receive before it reaches your PayPal balance.
Yes. PayPal's 'commission' and 'fee' refer to the same charge — 3.49% + $0.49 for standard Goods and Services payments in the USA.
Stripe (2.9% + $0.30) has a lower commission than PayPal (3.49% + $0.49) for most transaction sizes in the USA. On $100, Stripe saves $0.78. Wise is cheapest for bank transfers.
PayPal offers reduced rates for high-volume businesses through PayPal Commerce Platform or by contacting their sales team. This typically requires processing $10,000+ per month.