on 01-21-2021 09:28 PM
Paypal charged $7.00 more than the exchanged Canada / us rate.
I checked and all I could find was ( if you are in US and buy using PayPal it is free as the buyer). It specified US buyer. That got me looking, nothing was mentioned about a Canadian buyer. Anywhere. If there is a charge for Canada buyers that would explain why Paypal charged that 7$.
Can anyone explain.. or is there another reason for the $7.00
As of 5 November 2020:
If money is converted when buying something, paypal charges 4% extra
If money is converted between paypal balances 3% is used
https://www.paypal.com/ca/webapps/mpp/paypal-fees#fixedFees
Most credit cards add a 2.5% fee when converting.
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