Generally, there are three different costs associated with PayPal merchant account fees such as hardware costs, software costs, and payment processing fees.

If you are using PayPal for digital transactions then you don’t need to worry about payment processing.

Even it makes its money by payment processing fees.

PayPal offers its basic software at no cost.

Software costs are monthly fees you need to pay for payments of the webpage, mobile, and over the phone.

Payment processing fees are a small percentage of payment being processed.How does the Online Payment Process work?If you want to start online payment process work, here the steps to follow and the players involved with the payment process.