Venmo / PayPal Fee Calculator
Estimate the fee on a payment app transaction and the net amount received, for friends-and-family and goods-and-services rates. Includes how to gross up a payment.
Results · USD
Fee
Net received
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Educational estimates · not financial advice · free, no signup
How this was calculated
Fee = amount × rate%; net = amount − fee. Rates vary by product and region.
Want more detail? Full formula notes & FAQs ↓
Detailed guide
What it is, how to use it, how to read the numbers, common mistakes, a worked example, formulas, and FAQs.
What this calculator is
Payment apps often charge nothing for sending money to friends but take a percentage when you are paid for goods or services. The percentage depends on the app, the funding source and the country, and some services add a fixed fee per transaction. This calculator applies a percentage you choose to a payment amount and shows the fee and the net amount received. It uses preset rates for illustration, so check the current fee schedule of the service you use. The tool does not model fixed fees or instant transfer charges. For sellers, the useful extra step is calculating the amount to request so that the net matches the price you want.
When to use / who it helps
- You are selling something and want to know what you will receive after fees.
- You want to compare different fee rates.
- You are deciding how much to charge to cover fees.
- You are splitting costs with friends and want to avoid fees.
- You are checking a payment-app statement.
How to use
Steps
- Enter the payment amount.
- Choose the fee rate that applies.
- Read the fee.
- Read the net amount received.
- To cover the fee, divide your target net amount by one minus the rate.
- Check the service's current fee table for exact rates and fixed fees.
How to interpret results
- The fee is a percentage of the full payment.
- Net received is what lands in your balance.
- A 0% rate applies only to eligible personal payments.
- Fixed per-transaction fees matter more on small payments.
- Rates change, so the presets are illustrative.
Common mistakes & gotchas
- Using a personal payment for a sale when terms require a business rate.
- Forgetting fixed fees.
- Subtracting the fee percentage from the target instead of dividing to gross up.
- Assuming the sender pays the fee.
- Assuming the rates are current without checking.
Worked example
Worked example — $100 payment at about 2.99%
- Fee: 100 × 0.0299 = $2.99.
- Net received: 100 − 2.99 = $97.01.
- To receive exactly $100 net, request 100 ÷ (1 − 0.0299) ≈ $103.08.
- Check: 103.08 × 0.0299 = $3.08 in fees, and 103.08 − 3.08 = $100.
Result: A 2.99% fee on $100 leaves $97.01; request $103.08 to net $100.
To load the form's own demo values, tap Try example above the Calculate button.
How to calculate / formula
Fee = amount × rate%; net = amount − fee. Rates vary by product and region.
Frequently asked questions
Does Venmo or PayPal charge fees?
Policies vary by service, country and type of payment. Check the current fee schedule.
How do I cover the fee?
Divide your desired net amount by one minus the fee rate.
Who pays the fee?
It depends on the service and the payment type; often the receiver for sales.
Is there a fixed fee?
Some services add one. This tool only uses a percentage.
Can I avoid fees?
Personal payments between friends are often free, but using them for sales may breach the terms.
Are the rates here current?
They are illustrative presets; check the provider's official page.