PayPal is raising fees in Australia, it warned sellers through a post on eBay’s announcement board on Tuesday. The standard domestic rate will increase from 2.4% plus 30 cents to 2.6% plus 30 cents. That means its smallest sellers will see an 8% fee hike.
The payments service also announced new pricing, adding a fifth tier: Sellers with a monthly sales volume of between $2,500 and $5,000 will pay 2.2% plus 30 cents for domestic transactions. Sellers can apply for the new rate on the PayPal website.
PayPal and its parent eBay are laying off 7% of their staff as they prepare to split following pressure from Carl Icahn.
The new changes and fees take effect on February 12, 2015.