I create free software plugins which people can install on their website. This software allows them to integrate PayPal into their website so they can sell products.

I was recently watching an older episode of Shark Tank and was interested in the pitch from honeyfund.com. During the pitch the company says that they worked out a deal with PayPal so that their customers pay the standard transaction fee of 2.9% + .30, but they get a small percent of that because of their high volume.

They mentioned a few numbers and doing the math it works out to PayPal paying them 1.495% of all transactions.

I am not sure what PayPal's definition of high volume is, but my plugins are installed on thousands of website. If I could make a small percent of all the transactions that occur, that would be amazing.

Can anyone please explain how I can work out this type of relationship with PayPal.

  • 2
    err.. contact Paypal.
    – Scott
    Feb 10 '15 at 1:37
  • Why would you downvote this? Is it not apparent I wanted to ask others before contacting PayPal? This is why this community is worthless. Feb 10 '15 at 2:44
  • The only definitive answer to this would come directly from PayPal. Not a bunch of random people on the internet. StackExchange sites may be unlike other sites you are accustomed to. SE sites are not discussion forums. They are geared around a strict question<>answer format. Since only PayPal can answer this question for you, it's clear no effort to solve the issue on your own has been taken, thus the down vote.
    – Scott
    Feb 10 '15 at 5:53
  • You can hope that someone here uses Paypal in the same way as you hope they do. So they may answer eventually. But as Scott says, I would also ask Paypal. If it's their public policy, they will gladly explain how you can apply to get a portion of it.
    – Peter MV
    Feb 10 '15 at 12:27
  • 1
    A technical problem with an API is nowhere near the same as a financial agreement with a corporation. What would you expect people to answer here other than "contact Paypal"?
    – Scott
    Feb 10 '15 at 22:09

Paypal offer special rates for partners, but it's worth looking at their merchant rates first. I think you have to exceed £55k monthly for them to consider you for a partnership... but even then, their merchant rates are pretty fair.

You'll definitely have to get in touch with them sooner or later but it's well worth a shot... the worst they can do is say no. Although if you are successful then it's more ultimately more money for them!

Also, (not directly related to your question but it's nice to know there are other options available) it might be worth considering some Paypal alternatives such as Stripe or Braintree. In the long run, their rates are fairly similar but you might end up saving some money somewhere along the line.

  • Stripe charge 2.4% + 20p per transaction and their partner rates start around £20k.
  • Braintree is a subsidiary of Paypal but, like Stripe, also charge 2.4% + 20p per transaction. However, the first £30k you make is free.

Oh, and I don't work for any of these companies, but have done research into payment gateways in the past for some product ideas.

Hope this helps!


Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.