Hi, I am astounded. I have used paypal for 5 years, I did a currency conversion of 1000gbp to Euro. After the conversion I had a balance of 2030GBP. After the conversion I had a balance of 1979GBP. I contacted them and I was duly treated as though I was trying to steal from them. [...]
‘PayPal Exchange Rate’
Secure? I think not.
by PPC Submitter on November 21, 2011 at 11:47 AMSomeone from Italy accessed my Paypal account and requested over US$1,000 to be transferred in AUD (Australian Dollars). Now I’m in a holding pattern with bank, Paypal and pending overdraft fees. How does this happen on a secure and supposedly encrypted site? Submitted By:: Anthony Location-: Jersey City, Nj
Difference in Currency Conversion
by PPC Submitter on October 11, 2011 at 8:17 PMPayPal converted my 1920 USD to INR and then back to USD and the result had been that I lost USD $127.4 as the money reversed was just 1792 $. I emailed the customer support so many times, but no luck- there has not been any response from their side. Why has this been the [...]
PayPal arbitrarily charged me exchange costs
by PPC Submitter on August 14, 2011 at 2:38 PMI am Italian but I live and work in south Asia. I recently bought equipment worth $3,650 USD from USA. Since I did not want to overload one single credit card, in agreement with the seller I split the payment into 2 transactions, charging one on my Italian Credit Card (main currency Euro) and the other [...]
Ok so just like many of you, I have used PayPal for years. And even though the AUD is gaining steam over the USD these days, it seems Paypal is ignoring this fact. Many times I have purchased items when XE.com says the exchange rate is well over 1.00, but paypal NEVER says the exchange rate is [...]
Charged Unnecessary PayPal Currency Conversion Fee
by admin on December 2, 2010 at 11:35 PMI bought an item from an online merchant that allowed me to choose purchase prices in either USD or CAD. Since I am in Canada, I chose CAD. The amount came to $89.42 CAD, and I received an invoice from the seller for exactly that amount. I paid by Paypal expecting that my Canadian dollar [...]
PayPal Exchange Rate Rip-Off
by admin on November 16, 2010 at 8:21 AMWaiting to have some money returned from the UK to Adelaide, the payer suggested we transfer on PayPal to save on banking fees. With fees at GBP15.50 it still wasn’t cheap, but I agreed it seemed the most convenient way. Upon receiving the funds they were immediately transferred into Australian dollars, at a low conversion [...]







