PayPal Boosts Prices for U.S. Merchants to Maintain Growth
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PayPal Holdings Inc. is increasing prices for thousands of small businesses as the company looks to maintain revenue growth and boost profit margins as a stand-alone business separate from EBay Inc.
The San Jose, California-based payments company is introducing for U.S. merchants a flat rate of 2.9 percent plus 30 cents for domestic transactions and 3.9 percent plus a fee that varies by country for international transactions. The change takes effect Oct. 1, PayPal said Thursday in an e-mail to sellers obtained by Bloomberg.