Does PayPal charge a fee?

PayPal charges a 2.9% transaction fee and 30 cent service fee for each invoice payment received by the account holder (you). Note: If you move funds out of your PayPal account, PayPal charges a 1% transaction fee on the amount transferred. You can learn more about PayPal’s fees here. You can keep track of the PayPal service fees by reviewing/tracking your PayPal payment statements (found under the “Recent Activity” tab).