PayPal lowers fees for Canadian merchants

With FreshBooks, you can accept credit cards online right on your invoices with our PayPal integration.

Today brings great news for Canadian merchants, straight from the PayPal Blog:

Canadian dollar transaction fees for receiving payments, for all merchant rate tiers, has [sic] been lowered from C$0.55 per transaction to C$0.30.

We’ve also lowered our currency conversion rate for some Canadian sellers that receive payments in U.S. dollars and withdraw those funds to a Canadian dollar bank account.

This brings Canadian pricing directly in line with the United States.

For PayPal merchants in Canada, these changes mean you’ll start saving money immediately, whether you’re collecting your payments in U.S. dollars or Canadian dollars. It also makes signing up with PayPal even more attractive.