PayPal exchange rate , scammers!

[cech4204a]

Hello


I was just curious what exchange rate is PayPal using with your purchases?
I bought something in $ and i pay in €, they used exchange rate of : Exchange rate: 1 EUR = 1.30631 USD

For comparison here is what yahoo finance chart throws out: EUR/USD (EURUSD=X)
1.3595 Down 0.0025(0.1800%) 6:23AM EDT



I see a big scamm here, that' just not acceptable, more than 4% difference is just too much.


What do you think about that?

[Gianluca95]

Have you tryed to see the commission of Paypal? Commission of paypal is: 3.4% (I'm not sure, but I think that is it).

Maybe in that conversion it is include the Paypal commission.

[1Referee]

Hello


I was just curious what exchange rate is PayPal using with your purchases?
I bought something in $ and i pay in €, they used exchange rate of : Exchange rate: 1 EUR = 1.30631 USD

For comparison here is what yahoo finance chart throws out: EUR/USD (EURUSD=X)
1.3595 Down 0.0025(0.1800%) 6:23AM EDT



I see a big scamm here, that' just not acceptable, more than 4% difference is just too much.


What do you think about that?

And? This is nothing new, they handle these prices for many years.

It's a company, they need to make money.

Is it too high? Yes. But there is nothing you can do about it.