Whether you operate as a freelancer or small business, billable expenses are costs you contractually pass on to the client (normally by including them in the final invoice). Perhaps the best way to offset PayPal fees for receiving money is by passing them on as a billable expense. Here are just a few of these methods, as well as why you should or should not use them: 1. But as a small freelancer or entrepreneur, these fees can feel like a major hit to your income.įortunately, there are several ways to cut down on PayPal fees. 5 Ways to Avoid or Decrease Your PayPal Fees for Receiving MoneyĬharging fees to receive payment isn’t unique to PayPal.Įven brick-and-mortar retailers that accept credit cards have to pay a percentage to Visa, Mastercard, American Express, and others each time a customer uses one of these cards. But when it comes to offering a quick and easy-to-use system for your clients, PayPal is one of the best options around. No payment processing service is 100 percent perfect. PayPal charges less than many other payment services.You can set up an account for yourself within minutes.Your clients don’t need an existing PayPal account to make payments.Your clients can make (almost) instant payments.However, many benefits come along with these fees: But before PayPal and services like invoicely, creating, sending, and settling work invoices was a much different experience.Īt first, you might look at the fees PayPal takes from your incoming payments and feel discouraged or even cheated. If you’re new to freelancing or entrepreneurship, online payments might be the only method you know. ![]() Why Freelancers and Entrepreneurs Should Accept PayPal
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