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In the "good old days" eBay.ca has always recommended listing in US$ instead of Cdn$ on the basis that Canadian sellers would have more chance of success listing in US$.
Times are changing.
Today, during the Weekly Board Hour, eBay.ca advises:
"In a nutshell, according to our analysis, all Canadian sellers would either see a positive or neutral impact on their sales if they start listing in CAD. Essentially, our old data that suggested better sales for USD listings has been disproved. The SYI will be modified shortly to reflect this reality, and we've made the changes to the quick listing tool last week.
Additionally, we've started engaging with large Canadian merchants to recommend that they also list in CAD if possible."
"they will just see $120.00."
Actually this is not what the American buyers will see on eBay.com. They will see $100.00
To test it, I entered "Bluenose NH" in the search box (knowing most listings would be from Canadian sellers) and this is what I see:
As you can see, the search result list on eBay.com shows the US$ equivalent, not the original listing price in Cdn$
Now, if you click on a listing, you will get both the original price in Cdn$ and the equivalent in US$.
"What is the point?"
"according to our analysis, all Canadian sellers would either see a positive or neutral impact on their sales if they start listing in CAD. Essentially, our old data that suggested better sales for USD listings has been disproved."
That is the claim from eBay.ca.
"do they then have to pay a fee to Payal for converting their funds into Cdn. dollars?"
Whenever PayPal (or a bank) converts one currency into another, they charge a fee (typically 2.5% or so). In most instances, the buyer and seller do not see the conversion fee. It is built in the rate charged or given.
For example, if you are a Canadian buyer and are purchasing an item in US$ - assuming the wholesale conversion rate that day is US$1.00 = Cdn$ 1.25, the Canadian buyer would pay approximately Cdn$ 1.28 (which includes the conversion fee). The seller (if Canadian wanting to receive Cdn$ from PayPal) would receive approximately Cdn$1.22 (which includes the conversion fee), if the seller is American then no currency conversion would take place.
Similarly, if an American buyer purchases an item listed in Cdn$, the buyer would pay approximately US0.82 for every Cdn$1.00 (that rate of $0.82 includes the conversion fee). In such instance, the Canadian seller would not pay any conversion fee.
Please note that US$1.00 = Cdn$ 1.25 and Cdn$ 1.00 = US$ 0.80 are exactly the same.
" I thought that it was before "
That is correct.
On all eBay sites (eBay.ca, eBay.com, eBay.uk, eBay.au, etc...) if the currency of the listing is different from the currency of the site, the equivalent values shown are converted based on the wholesale conversion rate in effect that morning (no conversion fee included).
When payment is made (or received), PayPal will add its conversion fee to the amount paid by the buyer (if currency conversion is required) and will deduct its conversion fee from the amount going to the seller (if currency conversion is required).
The rate of exchange is adjusted several times a day, depending on currency market conditions.
This explains why a Canadian buyer may see (for example) a price of US$100.00 (Cdn$125.00) and find the PayPal account was actually charged $128.00 including conversion fee - give or take a dollar either way to account for currency fluctuations that day.
The same is true in reverse where the Canadian seller would only receive Cdn$122.00 on the same US$100.00 transaction - give or take a dollar either way to account for currency fluctuations that day.
"anyone still believe the nonsense..."
The real question is do you believe what eBay had been saying for fifteen years (without ever providing any evidence) that selling in US$ was more beneficial for Canadian sellers?
In this instance their comment must be true since you list in Canadian dollars!
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