20 March, 2006 | 05:47PM GMT

Currently the fees you pay with PayPal vary from 3.4% + 20p to 1.9% + 20p depending on the volume of payments you receive each month. As from this week sellers with an average monthly total payment volume over £6,000 will be eligible for lower rates. In fact in some cases the variable fees will be reduced by up to 26%.
 You can find out full details on this page.
To apply for the lowest rate:
• Log in to your account at www.paypal.co.uk
• Click on the fees link at the bottom of any page
• Click on the receive funds link
• Click on the merchant rate criteria link
Once you’ve applied you will automatically be eligible to lowest fee applicable each month provided that you meet the criteria.
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