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Title: Paypal Policy Change Post by: chessnut on January 26, 2014, 09:19:53 AM I just received an email from paypal, it's a change of policy regarding fees. Im not proud of having a paypal account, but here it is;
" Changes to Fees for Receiving eChecks for Sellers in China, Hong Kong, India, Indonesia, Korea, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand and Vietnam For Sellers in the following countries: China, Hong Kong, India, Indonesia, Korea, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand and Vietnam, there is a maximum fee per payment for receiving eCheck-funded payments as follows. The cap depends on the currency of the payment. China, Hong Kong, India, Indonesia, Korea, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand and Vietnam Currency : Fee : Argentine Peso: 150.00 ARS Australian Dollar: 50.00 AUD" etc...... Maybe they are under pressure?? Paypal is not the kind of company that lowers fees in the customers interest..... Title: Re: Paypal Policy Change Post by: daemaethor on January 26, 2014, 11:59:59 AM Ofc they are under pressure, they do not want to sit on too much emerging market fiat.
Title: Re: Paypal Policy Change Post by: tsoPANos on January 26, 2014, 02:15:04 PM That's good news.
It looks like paypal is is trying to get over bitcoin. But they can't do anything since bitcoin is much better in every aspect Title: Re: Paypal Policy Change Post by: akujin on January 27, 2014, 07:34:17 AM F@ck paypal! They charge 4.4%+$0.3 in our country plus they screw you with their currency conversion and take around 3-4% of your money.
Title: Re: Paypal Policy Change Post by: chessnut on January 27, 2014, 07:48:07 AM F@ck paypal! They charge 4.4%+$0.3 in our country plus they screw you with their currency conversion and take around 3-4% of your money. dont get me started. I bought a guitar from spain and paid in paypal. the official exchange rate EURNZD was something like $1.65. they would have charged me @$1.71!!! so I used the visa debit exchange rate, which turned out not much better, and then my bank slaps me with a $20 overseas margin call!! they had absolutely nothing to do with it!! the fee was 3.6% I paid $400 more than I needed to for the guitar. It was a $3500 guitar. Bitcoin will save us. |