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#1
02-11-2008, 03:56 PM
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Pay Pal
What's up with Pay Pal setting there own exchange rate! It's not even close.
J 
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#2
02-11-2008, 04:02 PM
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I've always disliked paypal for that reason. They have an out of date exchange rate and then charge a 2.5% premium on top of that.
I haven't used it in a while.. what are they calling the exchange rate today?
__________________
- Greg 90G : Light - Tek 6xT5 | Skim - EuroReef RS135 | Flow - 2xVortech MP40W | Control - Reef Keeper 2
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#3
02-11-2008, 04:35 PM
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I havn't done the math but it was $190 on a purchase that in USD was $165
J
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#4
02-11-2008, 05:02 PM
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Oi! That seems very wrong.. now I'm not a math expert but after the 2.5% "cash grab" exhange fee that looks on the surface like a $0.84 exchange.
__________________
- Greg 90G : Light - Tek 6xT5 | Skim - EuroReef RS135 | Flow - 2xVortech MP40W | Control - Reef Keeper 2
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#5
02-11-2008, 06:08 PM
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I'll just add it to the list of reasons I don't really care for paypal ... yeah, it's ridiculous.
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-- Tony My next hobby will be flooding my basement while repeatedly banging my head against a brick wall and tearing up $100 bills. Whee!
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#6
02-11-2008, 06:49 PM
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What I hate about PP is that every month my subscription payment for something comes out earlier and earlier.
And I was 1cent short for a payment once and they did a transfer from my bank account for the entire amount, yet my account has owed a few cents before.  I wish there was a better option that Paypal most days
__________________
I'm Melody (or Panda  )50g cube SW tank (24x24x20) w/20g sump and internal overflow box, Coralife 24" 2 x 65W Aqualight, skimmer, and 2x HOB filters It has approx 35lbs live rock, clownfish, 1 black & white saddleback clownfish, asst'd mushrooms, asst'd zoas, gsp, turbo and other snails, blue legged, halloween and other hermit crabs, tuxedo urchin 10g FW tank with... Current occupants are cardinal tetras and ameca splendons
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#7
06-22-2008, 02:06 AM
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I don't know if this is new, but there is now an option that lets you choose to use your VISA's exchange rate. So instead of Paypal converting the amount with their rate and then charging you that amount in Canadian dollars, you can now choose to charge your VISA in US dollars and let VISA convert it. Turned out that VISA's exchange rate was just as bad.
Last edited by Samw; 06-22-2008 at 03:16 AM.
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#8
06-22-2008, 07:26 AM
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the 2.5% "cash grab" only is for the SELLER. the buyer only has to worry about exchange. Which PP charges in their favour. Ohh, paypal is owned by Ebay. incase you didnt know. Ebay is getting RICH, with a capital $
__________________
Dan Pesonen Umm, a tank or 5
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#9
06-22-2008, 03:01 PM
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Paypal charged me like 4 times for the same purchase, and not all at once. Every few weeks they would charge for the same item. It took a very long time and a lot of hasel to get it sorted out. I hate paypal!
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